CA Drug Price Law Fiercely Opposed By Pharma

CA Drug Price Law Fiercely Opposed By Pharma

Drugmakers are waging a fierce campaign against a proposed California law that would require them to justify the costs of their treatments and disclose major price hikes.

The bill has widespread support of health care providers, insurers, patients, labor and business groups. But the pharmaceutical industry is behind scathing social media messaging, warning that passage of the bill could lead to shortages of crucial drugs in some parts of the state. The industry is also applying other pressure to change the language of the bill.

A state Assembly committee hearing on the bill is scheduled for next Tuesday.

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