U.S. Announced First Drugs Picked for Medicare Price Negotiations as part of the Inflation Reduction Act (IRA)

  • On 8/29/2024, the U.S. Announced First Drugs Picked for Medicare Price Negotiations as part of the Inflation Reduction Act (IRA). While it is welcomed by consumers especially senior people, certain pharmaceutical companies have voiced oppositional voices over the concern of drug price reduction hindering creativity in drug research and development.
  • Please write an essay on the argument held by certain pharmaceuticals. Whatever stance you take, pro or con, it is your choice. The importance is make a logical and sound argument. 

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