America’s drug-pricing reset will reverberate far beyond Washington

Countries like Canada could find themselves navigating tighter negotiations and slower access to new therapies.
U.S. Health and Human Services Secretary Robert F. Kennedy, Jr., left, and Health Minister Marjorie Michel. Canadian drug prices are routinely included in international pricing baskets, writes Akolisa Ufodike.

The United States’ renewed push toward “most favoured nation” drug pricing is widely framed as a domestic cost-of-living measure, while also serving as a politically salient policy signal ahead of the midterm elections. That framing understates its significance. What i...

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