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PhRMA Health Reform Deal Is Not Binding On House, Rep. Waxman Declares

This article was originally published in The Pink Sheet Daily

Executive Summary

Waxman will keep pushing for Part D rebates to help fund closing the coverage gap, regardless of PhRMA's proposal for a different discount model. The good news for industry is that "dollars for donuts" remains the formula--and that even Waxman thinks industry will end up getting more than it gives.

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