U.S. officials urge Germany to raise drug prices in trade talks
read at STAT ↗RegulatoryNeutral
U.S. Trade Representative Jamieson Greer and senior health adviser Chris Klomp met with German Ambassador Jens Hanefeld at a breakfast briefing to press Germany to increase the price it pays for prescription medicines.
The officials suggested that the United States could invoke Section 301 tariffs, a trade tool used to counter practices deemed unfair, as leverage to compel higher drug payments abroad.
The German ambassador said he would take the proposal back to his government for consideration, but no agreement was reached during the meeting.
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This writeup was produced by pharmadog from original reporting by STAT.
Original headline: “STAT+: Top U.S. officials pressured Germany to pay more for prescription drugs”
read at STAT ↗486 words · retrieved May 15
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