Merck & Co. filed a lawsuit against the U.S. government on June 6, saying that Medicare’s new program, established under the Inflation Reduction Act (IRA), is a “sham” that violates the First and Fifth Amendments of the U.S. Constitution.
President Joe Biden signed the IRA into law in August of last year, allowing Medicare to directly negotiate pricing for certain expensive drugs.
The lawsuit, filed in the U.S. District Court for the District of Columbia, however, argues that the new program is a “sham” as it grants the Department of Health and Human Services (HHS) too much power to impose its preferred price….}