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BioWorld - Tuesday, July 14, 2026
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Home » Californians say yes to 340B accountability measure
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Californians say yes to 340B accountability measure

Nov. 7, 2024
By Mari Serebrov
With the U.S. Congress sitting on its hands on reforms to the 340B drug discount program, states are stepping into the gap. While most state efforts have been aimed at forcing biopharma companies to give the federally mandated drug discounts to an increasing number of contract pharmacies, California is looking in a different direction. According to unofficial election results, a slim majority of the state’s voters said yes to Proposition 34, which would require certain providers that benefit from the drug discounts to spend at least 98% of their 340B revenues on direct patient care.
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