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submitted 9 months ago by MicroWave@lemmy.world to c/news@lemmy.world

A federal court judge in Ohio denied Friday an attempt by the US Chamber of Commerce to immediately stop the Biden administration’s implementation of Medicare’s new drug price negotiation program.

The ruling was the first time a federal court has weighed in on the multiple lawsuits filed against the controversial program.

The chamber filed a lawsuit in June arguing that allowing Medicare to negotiate drug prices is unconstitutional for several reasons. It then asked for a preliminary injunction to halt the program by October 1, when drug makers have to agree to participate in the program.

“As to Plaintiffs’ motion for a preliminary injunction, they have demonstrated neither a strong likelihood of success nor irreparable harm,” wrote Judge Michael Newman of the US District Court for the Southern District of Ohio, in Dayton.

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[-] magnetosphere@kbin.social -5 points 9 months ago

An argument I often hear to justify sky-high drug prices is that developing new drugs is incredibly expensive. Additionally, hundreds of millions of dollars are spent on research that simply doesn’t pan out.

What’s a fair way to fund research while still keeping drug costs reasonable?

[-] h0rnman@lemmy.world 23 points 9 months ago

Much development is being done at public research universities leveraging government grants. Most of what these companies pay for is packaging, marketing, and distribution

[-] magnetosphere@kbin.social 2 points 9 months ago

Thank you. I don’t know much about the drug development process, besides what the drug companies want me to hear.

[-] MirthfulAlembic@lemmy.world -4 points 9 months ago

This is patently false. Do some research on the clinical development process. Running trials is neither cheap nor easy. You can't just go from lab to store shelves. You have to run phase 1, 2, and 3 studies to prove it is safe and works.

I'm not arguing against being able to negotiate drug prices, by the way. The government should do that.

[-] dragonflyteaparty@lemmy.world 4 points 9 months ago

Source that research isn't funded publicly?

[-] MirthfulAlembic@lemmy.world 1 points 9 months ago

I didn't say that there isn't publicly funded research. There is both public and private. The claim that private companies do nothing but package and manufacture is not in line with reality, however.

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this post was submitted on 30 Sep 2023
257 points (100.0% liked)

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