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16 June 2023

What To Expect As IRA Legal Challenges Mount

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Morrison & Foerster LLP

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Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.
Stacy Cline Amin spoke to Scrip about a lawsuit filed by the U.S. Chamber of Commerce against the Inflation Reduction Act (IRA) and a new U.S. Medicare drug price negotiation program...
United States Food, Drugs, Healthcare, Life Sciences

Stacy Cline Amin spoke to Scrip about a lawsuit filed by the U.S. Chamber of Commerce against the Inflation Reduction Act (IRA) and a new U.S. Medicare drug price negotiation program just days after Merck & Co., Inc. filed a suit of its own.

"I think we expected a lawsuit from the pharmaceutical industry, which is the most directly impacted by the law, but it is interesting to see a lawsuit from the Chamber of Commerce, which broadly represents a huge swath of industry," Stacy said.

She added: "Seeing the Chamber lawsuit really reflects what a deeply significant issue these price negotiations could be for the economy as a whole."

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Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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