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Trump’s drug-price crackdown misses the mark, experts say

Experts and advocacy groups say policies in the administration’s latest budget proposal don’t tackle the biggest driver of high prices: Nothing prevents a drugmaker from setting a price at whatever level it wants. Faculty Associate Jerry Anderson is quoted.

Cigna to buy Rx manager for $67B

In another mega deal to reshape the business of negotiating drug prices, health insurer Cigna said Thursday that it will acquire Express Scripts Holding, the nation’s largest pharmacy benefit manager, in a package valued at $67 billion. Gerard Anderson is quoted.