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TEVA - Senate Dems introduce bill to block excessive increases in drug prices
Teva Pharmaceutical Industries Limited American Depositary Shares
Four democratic senators, Richard Blumenthal (D-CT), Kamala Harris (D-CA), Amy Klobuchar (D-MN) and Jeff Merkley (D-OR), have introduced a bill aimed at blocking drug price hikes. Specifically, it will allow the Department of Health and Human Services to prohibit price increases that it considers excessive, although there are no details provided regarding the criteria for such decisions.
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