Boston.com just posted the following interesting item by Boston Globe reporter Dietra Henderson:
Pharmaceutical leaders worry about what a Congress led by Democrats might eventually mean for the industry, but their looming concern is a California law quietly passed this fall.
The law, which provides a glimpse of the type of government price controls the drug industry fears, seeks up to 60 percent price concessions from manufacturers to benefit 5 million California residents, including seniors enrolled in the federal Medicare prescription drug benefit.
To read the entire article, please click here.
-AMS
