President Joe Biden is touting his administration's efforts to lower medical costs. Officials on Tuesday announced the first 10 drugs that would be targeted for Medicare price negotiations. The popular diabetes treatment Jardiance and the blood thinner Eliquis are on the list. Biden says “we’re going to keep standing up to Big Pharma and we’re not going to back down.” The Democratic president’s move faces litigation from drugmakers and criticism from Republican lawmakers. A pharmaceutical lobbying group says the list stems from “a rushed process focused on short-term political gain rather than what is best for patients.”
WASHINGTON — The Biden administration is targeting the blood thinner Eliquis, diabetes treatment Jardiance and eight other medications for Medicare s first-ever drug price negotiations as it seeks to lower medical