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Lawmakers approve drug “price gouging” bill

May 9, 2017

WYPR April 12, 2017 Brendan Reynolds Hours before adjourning for the year, state lawmakers approved a first in the nation bill that would allow Maryland’s Attorney General to sue the makers of generic drugs over sharp rice increases—or price gouging. It was part of an effort to hold down the sharply escalating prices of generic […]... Read more »

Generic drug price gouging could be penalized in bill sent to Hogan

Maryland Reporter April 10, 2017 By Dan Menefee A prohibition on generic drug price gouging now heads to Gov. Larry Hogan’s desk for signature after the House concurred in Senate amendments Monday morning. The House voted 137-2 for the bill, HB631, and the Senate approved it on Friday 38-7 with a handful of Republicans joining the […]... Read more »

Home USA Maryland Passes Bill Aimed at Stopping Drug “Price Gouging” Maryland Passes Bill Aimed at Stopping Drug “Price Gouging”

The Good News Network April 13, 2017 By McKinley Corbley A new piece of legislation aimed at stopping the “unconscionable” spikes in drug pricing has been passed with enthusiastic bipartisan support in Maryland. The bill, which was passed 38-7 in the Senate and 137-2 in the House of Representatives, would allow the state’s attorney general […]... Read more »

Maryland lawmakers pass a bill aimed at stopping ‘unconscionable’ drug pricing

Fierce Pharma April 12, 2017 By Eric Sagonowsky Taking the fight against high drug prices into their own hands, Maryland lawmakers passed a bill aimed at taking on “unconscionable” pricing practices with their sights set squarely on generics. But drugmakers are blasting back, hoping to convince the governor not to sign it into law. Under […]... Read more »

A step to stop price gouging

Standard Speaker OPINION / PUBLISHED: APRIL 11, 2017 Members of Congress conducted hearings last year and justly pilloried executives for several pharmaceutical companies who had exponentially increased the prices of life-saving medicines. Then, they did nothing. Monday, the Maryland Legislature stepped up and overwhelmingly passed a bill authorizing the state attorney to act against price-gouging. […]... Read more »

Lawmakers approve drug “price gouging” bill

April 13, 2017

Hours before adjourning for the year, state lawmakers approved a first in the nation bill that would allow Maryland’s Attorney General to sue the makers of generic drugs over sharp rice increases—or price gouging. It was part of an effort to hold down the sharply escalating prices of generic prescription drugs. ... Read more »

Maryland lawmakers send bill on drug price gouging to Hogan

April 11, 2017

If signed by Gov. Larry Hogan, the bill would make it illegal for generic drug manufacturers to engage in price gouging — defined as an "unconscionable increase in price" — for certain prescription drugs. Manufacturers would be required to submit documents to the Attorney General's office proving the validity of any major price increases and those found in violation of the law could be subject to penalties including a $10,000 fine.... Read more »

Maryland Legislature addresses prescription drug cost

February 16, 2017

Maryland is now ground zero in the battle over curbing the cost of prescription medication, and the fight is also taking place over the air waves.... Read more »

Md. health officials call for drug affordability legislation

About 300 generic drugs’ prices more than doubled from 2010 to 2015, according to a 2016 report by the U.S. Government Accountability Office. Moreover, the report found that the “price increases generally persisted for at least one year” after the initial hike.... Read more »

Health care advocates make pitch for bills to block drug price hikes

The General Assembly is considering a pair of bills. One would require drug companies to give notice of and explain significant price hikes. The other would authorize the attorney general to sue makers of generic drugs who engage in price gouging.... Read more »