Inside STAT: New Hampshire is trying to resurrect a vanquished ban on ‘price gouging’

LAWMAKERS IN NEW HAMPSHIRE NEXT MONTH WILL CONSIDER LEGISLATION TO BAN "PRICE GOUGING" IN THE GENERIC DRUG MARKET. (JULIO CORTEZ/AP PHOTO)

Next month, New Hampshire lawmakers are set to consider a bill banning “price gouging” of generic drugs. The bill would bar drug companies from hiking the price of generic drugs by more than 50% in a one-year period. As state legislatures look to bring in new reforms to the drug pricing landscape, the New Hampshire bill largely resurrects one that was left for dead when a similar Maryland law was struck down by courts two years ago. And if it passes and survives legal challenges, the proposal could pave the way for other states to take up comparable measures to keep rising drug prices in check. STAT Plus subscribers can read more from STAT's Lev Facher here.