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President Biden

Biden vows to cut costs of Rx drugs

Biden vows to cut costs of Rx drugs

WASHINGTON — President Biden urged Congress to focus on cost-saving ideas for pharmaceuticals in his State of the Union address Thursday night, including capping out-of-pocket prescription drug costs for all Americans and allowing the federal government to negotiate the prices of widely used medications. The two proposals expand on actions taken in the 2022 Inflation

NACDS urges Biden to push for PBM reform

NACDS urges Biden to push for PBM reform

WASHINGTON – The National Association of Chain Drug Stores (NACDS) said it continues to call for the immediate implementation of reforms to address the tactics of pharmaceutical benefit middlemen amid attempts by PBMs to stall Congressional action and perpetuate their harmful practices. An NACDS letter to President Biden applauds the Administration for holding a listening

Biden seeks to boost formula supply

WASHINGTON — President Biden has asked retailers and manufacturers, including Walmart, Target, Reckitt and Gerber, to do more to help families get infant formula. Biden this month talked with company executives about Reckitt and Gerber’s efforts to increase production to make up for lost supply from Abbott Nutrition, and asked them for other ways the

President Biden unveils plan to combat COVID-19

President Biden unveils plan to combat COVID-19

WASHINGTON — President Biden on Thursday unveiled a six-part plan to combat COVID-19 as the highly transmissible Delta variant spreads and some 80 million eligible Americans remain unvaccinated. “We’ve been patient, but our patience is wearing thin,” he said in a speech from the White House, making clear that he blamed the unvaccinated for the

Retailers vow to work with Biden, Congress

Retailers vow to work with Biden, Congress

WASHINGTON — Following the inauguration of Joseph Biden as the nation’s 46th President, retailers have vowed to work with his administration, as well as the new Congress, to address the needs of the country, consumers and their industry. “We look forward to working with the newly elected president, vice president and members of Congress on