New York state investigates drug price spikes during pandemic

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The office, launched in November, is demanding the manufacturers justify the price increases under section 111 of the New York Insurance Law—which permits investigations into prescription drug price increases of more than 50% within 12 months.

The office, launched in November, is demanding the manufacturers justify the price increases under section 111 of the New York Insurance Law—which permits investigations into prescription drug price increases of more than 50% within 12 months.

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