Home Medicine Dayton Area Chamber of Commerce backs drug companies in lawsuit over price controls

Dayton Area Chamber of Commerce backs drug companies in lawsuit over price controls

by Universalwellnesssystems

“The IRA[Inflation Relief Act]uses the term ‘negotiation’ to mislead the public into thinking that there will be a voluntary and fair bargaining process between the government and pharmaceutical companies. Congress is completely unprepared for negotiations: Congress has created an unprecedented unilateral regime that forces manufacturers to sell drugs at prices set by the government. rather than ‘mandatory price controls,'” said the lawsuit signed by Attorneys Gregory A. Ruhrman and Tami H. Kirby, representing the Dayton, Ohio, Michigan, and U.S. Chambers of Commerce. rice field.

The lawsuit said drug prices were “unreasonably low” and “government-mandated,” and that requiring drug companies to comply with those prices “disrupts and jeopardizes critical research and development, jeopardizes employment We lose access to the patient’s life,” he added. Savings and life-prolonging treatments increase the overall long-term cost of care and discourage investment in areas critical to our nation’s safety and public health. “

According to the complaint, the Control Inflation Act removes political and legal liability from the U.S. Department of Health and Human Services and requires drug companies to agree to a “maximum fair price” set by the Department or face fines. It is said to be Drug companies wanting to exit a government health care system like Medicare can buy medicines at a set price in the meantime because statutory delays mean it takes 11 to 23 months for manufacturers to exit the system. may be sold or penalized. government program.

Drug pricing is beyond the powers of Congress, it denies pharmaceutical companies due process under the Fifth Amendment, imposes excessive fines, and forces them to speak in violation of the First Amendment. there is The lawsuit states: Each of the courts involved in the case is asking the court to declare the drug pricing controls unconstitutional and to ban their enforcement.

The Dayton Daily News has reached out to the Dayton Area Chamber of Commerce for comment and will continue to update this article.

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