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Democrats agree last-ditch deal to save drug pricing plans

November 4, 2021


A new stripped back proposal has won over rebel Democrats whose earlier opposition led the plan to be shelved, despite being a longstanding pillar of Democrat policy and one of Joe Biden’s campaign pledges.

Notable holdouts – including Senator Kyrsten Sinema of Arizona who has come under scrutiny over funding received from the pharma industry – have now lent their support to the deal.

Senate Majority Leader Chuck Schumer said the revised deal will allow Medicare – which provides health cover for older people as well as younger patients with chronic health conditions – to negotiate prices of some costly medications.

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