Wyden Asks Agencies How Raising Foreign Drug Prices Would Cut U.S. Prices

Senate Finance ranking Democrat Ron Wyden (OR) asks federal regulators how they plan to implement the president's call to negotiate trade agreements that raise drug prices abroad, and how they can ensure such action would cut U.S. prices. Wyden, in a Friday (May 18) letter to U.S. Trade Representative Robert Lighthizer , HHS Secretary Alex Azar and National Economic Council Director Lawrence Kudlow, said the “notion that drug companies will voluntarily pass along increased revenue abroad to domestic consumers is...