TELETRADER News
2/8, 3:38 AM
(Source: TeleTrader)
Biden to veto bills that raise prescription drug prices
United States President Joe Biden in his State of the Union address promised to veto any bill that gets to his desk if it aims to raise the price of prescription drugs.
"We pay more for prescription drugs than any nation in the world," Biden said, promising to stop any attempts to raise the costs further.
He said the American pharmaceutical industry will undoubtedly continue to do "very well" even if the government does something to help the consumers.