Merck Sues Government, Saying Plan to Lower Medicare Drug Prices Is “Extortion”
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Merck announced on Tuesday that it is suing the government over a recently approved plan to allow Medicare to negotiate prescription drug prices, aiming to stop one of the nation’s first efforts to take a small step toward lowering sky-high drug prices in the U.S. The lawsuit, filed in a federal court in Washington on Tuesday, claims that the plan is unconstitutional and calls it a “sham” and...