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submitted 1 year ago by MicroWave@lemmy.world to c/news@lemmy.world

Johnson & Johnson sued the Biden administration over Medicare’s new powers to slash drug prices, making it the third pharmaceutical company to challenge the controversial provision of the Inflation Reduction Act.

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[-] MicroWave@lemmy.world 22 points 1 year ago

President Joe Biden’s Inflation Reduction Act, which passed in 2022 by a narrow party-line vote, empowered Medicare to negotiate drug prices for the first time in the program’s six-decade history.

The provision aims to make drugs more affordable for older Americans but will likely reduce pharmaceutical industry profits.

[-] Wilziac@lemmy.world 19 points 1 year ago

Can't the government see that if they allow people to get life saving drugs for slightly less money, then the pharmaceutical CEOs will only be able to buy a 53-foot yacht before the next regatta? They'll be laughing stocks! (/s just in case)

But seriously, fuck all corporate greed, but especially fuck corporations that keep people sick.

[-] JustZ@lemmy.world 7 points 1 year ago

I've sued insurance companies and to hear some of those insurance defense lawyers talk about they race yachts for fun is nauseous. Like, my client is in the next room and will never work their shitty manual labor job. They sound sociopathic. Gold coast mf'rs. Probably delicious salted.

[-] Bluefalcon@discuss.tchncs.de 9 points 1 year ago

Fuck Johnson & Johnson. The US government should go after any board member, CEO, COO, or anyone else that knew about the tainted talcum powder.

[-] InverseParallax@lemmy.world 8 points 1 year ago

This should be one of bidens main campaign posters.

[-] FrickAndMortar@lemmy.ml 4 points 1 year ago

Eat the rich

[-] FartsWithAnAccent@lemmy.world 3 points 1 year ago

What a bunch of bastards.

this post was submitted on 18 Jul 2023
66 points (98.5% liked)

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