Pharmaceutical Giants Sue WA over New Drug Pricing Law

Pharmaceutical giants sue WA over new drug pricing law

Two of the world’s largest pharmaceutical companies sued Washington state on Wednesday, alleging a new law to tamp down prescription drug prices for hospitals won’t result in discounts for patients.

Pharmaceutical giants sue Washington over new drug pricing law

Washington State Standard is part of States Newsroom, a network of news bureaus supported by grants and a coalition of donors as a 501(c)(3) public charity.Two of the world’s largest pharmaceutical companies sued Washington state on Wednesday, alleging a new law to tamp down prescription drug prices for hospitals won’t result in discounts for patients.The lawsuits came the same day Gov. Bob Ferguson signed Senate Bill 5981. The law passed the Se…

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Pharmaceutical Giants sue the State of Washington Over new Drug Pricing Law

OLYMPIA, WA – Two of the world’s largest pharmaceutical companies sued Washington state on Wednesday, alleging a new law to tamp down prescription drug prices for hospitals won’t result in discounts for patients. The lawsuits came the same day Gov. Bob Ferguson signed Senate Bill 5981. The law passed the Senate along party lines with Democrats in support, and with some Republican votes in the House. It takes effect in June. Hospitals and pharmac…