Senators Announce Deal on Prescription Drug Price Legislation

April 25, 2023, 2:34 PM UTC

Lawmakers have reached a bipartisan deal on legislation to lower drug prices in the US, Senators Bernie Sanders and Bill Cassidy say in a statement.

  • “We’ve come to an agreement to consider critical pieces of legislation to reform pharmacy benefit managers and expand the availability of low-cost generic drugs” through the HELP Committee,” Sanders and Cassidy say
    • Will hold markup of four bills on May 2, lawmakers say
  • Sanders chairs the Senate Health, Education, Labor, and Pensions Committee and Cassidy is the top Republican on the panel
  • NOTE: Senate Leaders Rush to Strike New Bipartisan Drug-Pricing Deal

To contact the ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.