Jay Hancock and Sarah Jane Tribble

Pharma’s Promises to Curb Drug Prices Have Been Heard Before

Companies have promised to curb prices in the past but consumers have not seen any relief.

Prescription drug prices were soaring. Angry policymakers swore they’d take action. Pharma giant Merck responded by promising to address the problem voluntarily, vowing to keep price increases under the overall rate of inflation.

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