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October 20, 2011
Passage of US President Barack Obama's American Jobs Act would reduce pharmaceutical-related jobs by as many as 238,000 by 2021, warns a new report.
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September 23, 2011
The US Obama Administration has outlined plans to make $320 billion healthcare savings over a decade, including requiring drugmakers to provide £135 billion worth of discounts on medicines supplied through Medicare.
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September 06, 2011
Pharmacy benefit managers have told the US Joint Select Committee on Deficit Reduction how the nation can save over $100 billion in prescription drug costs over the next 10 years.
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August 15, 2011
Leading US drugmakers have warned President Barack Obama that they will not accept any new moves to cut the prices of prescription drugs supplied through Medicare, stating that these would amount to government price controls.
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May 17, 2011
US Medicare's Hospital Insurance Fund will likely go bust by 2024 and not 2029 as was forecast last year, but without President Obama's Affordable Care Act reforms it would have been bankrupt by 2016, Medicare Trustees have reported.
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April 15, 2011
President Barack Obama has pledged to use the purchasing power of Medicare to "limit unnecessary prescription drug spending,” speed the availability of generic drugs and ban "pay-for-delay" agreements.
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March 25, 2011
50% discounts on prescription drugs costs agreed by drugmakers and introduced at the start of the year have saved seniors enrolled in Medicare $38 million in just two months, the US government has announced.
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