Health & Medicine

STAT+: Pharmalittle: We're reading about a PhRMA ad campaign aimed at 340B, sales of Novo's obesity pill, and more

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The Pharmaceutical Research and Manufacturers of America (PhRMA) is launching a multi-million dollar ad campaign criticizing the 340B Drug Pricing Program, which provides discounted drugs to low-income patients. This matters as it highlights pharmaceutical lobbying efforts to influence federal drug pricing policies, potentially impacting how developers approach pricing strategies for new medications. The rising FDA rejection rate for cell and gene therapies also signals increased regulatory hurdles in these fields.

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STAT+: Pharmalittle: We're reading about a PhRMA ad campaign aimed at 340B, sales of Novo's obesity pill, and more

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