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Bill would require drugmakers to report price increases

Posted On: Mar. 17, 2023 10:06 AM CST

Florida legislation would require drug manufacturers to report price hikes of their pharmaceuticals, reports The Post Millennial. SB 1550, filed by Republican Sen. Jason Brodeur earlier this month, would require drug manufacturers to notify the Department of Business and Professional Regulation of any 15% increase or more in wholesale acquisition cost during the prior 12-month period, or any increase of 40% or more during the preceding three calendar years of a course of therapy.