AstraZeneca adds name to IRA legal challengers
The list of companies and groups that are suing the US government over its Medicare price-setting policies continues to grow.
AstraZeneca (LSE: AZN) has now joined Merck & Co (NYSE: MRK), Bristol Myers Squibb (NYSE: BMY), Johnson & Johnson (NYSE: JNJ), the Pharmaceutical Research and Manufacturers of America (PhRMA) and others that have launched legal challenges to the drug pricing provisions of the Inflation Reduction Act (IRA).
The Anglo-Swedish pharma company says that it is taking this action to help protect access to medicines for cancer and rare disease patients.
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