Drugmakers, reeling from reduced doctor visits and demand for some drugs amid the pandemic, have raised prices on more than 500 medicines this year.
U.S. President Joe Biden on Thursday will call on U.S. lawmakers to enact legislation aimed at lowering drug prices.
"While the pharmaceutical companies have done enormous work by developing life-saving Covid-19 vaccines alongside the United States' best scientists, crippling drug prices are unacceptable," Biden will note in a speech scheduled for 11:15 a.m. , according to a White House official. Drugmakers, reeling from reduced doctor visits and demand for some drugs amid the pandemic, have raised prices on more than 500 medicines this year, an analysis released in January showed.
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