Rep. Waxman Will Support Targeted Document Requests On White House Health Reform Deals
This article was originally published in The Pink Sheet Daily
House committee considers Republican resolution seeking extensive documentation from the administration regarding deal by PhRMA and other industry groups relating to health care reform legislation.
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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.
The White House is expecting a private sector healthcare coalition - including the pharmaceutical industry - to produce details in early June on a pledge to help reduce the annual health care spending growth rate by 1.5 percentage points over the next 10 years
Celgene will get exclusive use of Quanticel's single-cell genomic analysis to tweak its clinical pipeline, and it also has exclusive options to acquire the venture-backed start-up.