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Sen. Welch Introduces No Big Blockbuster Bailouts Act

Bailey Malota

WASHINGTON, Oct. 31 -- Sen. Peter Welch, D-VT, has introduced the No Big Blockbuster Bailouts Act aimed at reforming the treatment of orphan drugs within the Medicare Drug Price Negotiation Program. This legislation seeks to ensure that these crucial medications for rare diseases are adequately represented in negotiations to lower drug prices for Medicare beneficiaries.

The No Big Blockbuster Bailouts Act proposes amendments to the Social Security Act, specifically targeting orphan . . .

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