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Pharmaceutical Research and Manfacturers of America
stated on November 27, 2019 in an ad in the “Politico Playbook PM” newsletter.:

"Speaker Pelosi's drug pricing plan would siphon $1 trillion or more from biopharmaceutical innovators over the next 10 years. CBO's preliminary estimate found this bill ‘would result in lower spending on research and development and thus reduce the introduction of new drugs.’"

By Shefali Luthra • December 5, 2019

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