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Research Report·CRS Report·Version 5
R47872

Medicare Drug Price Negotiation Under the Inflation Reduction Act: Industry Responses and Potential Effects

Published Dec 8, 2023·Updated Jun 21, 2025

Full report

What this is

The Congressional Research Service is a nonpartisan policy and legal analysis arm of the Library of Congress. CRS reports are written for members of Congress and their staff, not the public — but they’re made available openly through Congress.gov.

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