preloader icon



Apex Trader Funding (ATF) - News

Mississippi Judge Upholds State Law Mandating Drug Discounts for Low-Income Patients

On Tuesday, a federal judge in Mississippi reportedly upheld a state law mandating drugmakers to provide discounts on medications dispensed by third-party pharmacies contracting with hospitals and clinics serving low-income populations. U.S. District Judge denied preliminary injunctions in lawsuits filed by the Pharmaceutical Research and Manufacturers of America (PhRMA) and Novartis AG (NYSE:NVS). Also Read: Walgreens Boots Alliance Expected To Close 25% Of Stores, But Financial Benefit Visible Only Next Year-Analyst. These lawsuits are part of a broader legal battle, with similar cases pending in Maryland and West Virginia. The judge found that PhRMA and Novartis were unlikely to succeed in their claim that the state law conflicts with federal regulations governing the ...