Ohio places drug pricing measure on its November ballot

first_img What is it? Ohio places drug pricing measure on its November ballot GET STARTED Tags drug pricingpharmaceuticalsSTAT+states Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Ed Silverman Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Pharmalot STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Log In | Learn More center_img By Ed Silverman July 21, 2017 Reprints About the Author Reprints @Pharmalot Scott Olson/Getty Images [email protected] What’s included? In a blow to the pharmaceutical industry, Ohio state officials have approved a controversial initiative designed to lower drug prices for the November ballot.Known as the Ohio Drug Price Relief Act, the ballot measure would require state agencies to pay no more for medicines than the Department of Veterans Affairs. The agency currently gets a 24 percent federally mandated discount off average manufacturer prices. Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.last_img read more