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Bloomberg

Republicans Revive Drug Middlemen Reforms in Budget Bill

House Republicans revived a set of policies that would change how prescription drug middlemen do business, as President Donald Trump again denounced the industry, sending shares of some of the companies down Monday. The budget proposal from the House Committee on Energy and Commerce includes a set of reforms that Congress considered last year but ultimately didn't pass. It would remove one method that the companies, which negotiate with drugmakers and pharmacies on behalf of employers, health insurers and government programs, use to boost profits.