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Drug prices Pelosi’s plan would have Medicare pay no more than 1.2 times the average prices paid in the U.K., Germany, Australia, Canada, Japan and France for many drugs. (Photo: Shutterstock)

(Bloomberg Opinion) –Every time Congress tries to take on drug prices, it runs into the pharmaceutical lobby’s timeworn objection: Lowering prices even a penny would end all drug innovation, allowing cures to slip through our fingers and dimming the flickering hopes of desperate patients.


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