BioCentury
ARTICLE | Politics & Policy

Budget deal costs pharma

February 9, 2018 9:10 PM UTC

President Donald Trump signed a bipartisan budget agreement on Friday that imposes new costs on drug companies.

The deal includes new rules that shift billions of dollars in costs to pharmaceutical companies from Medicare Part D plans by increasing the discounts companies are required to pay for patients whose drug costs fall in the "donut hole" coverage gap. ...