Calif. Could Require Notice of Drug Price Hikes

In the latest effort to push back against drug costs, the California legislature will hold a hearing on Wednesday to review a bill that would require companies to report any move to increase the list price of a medicine by more than 10 percent during any 12-month period.  And drug makers would have to justify price hikes for medicines with a list price of more than $10,000 within 30 days of making such a move.

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