US launches Section 301 probe into Germany over drug pricing

The US has launched an investigation under Section 301 of the Trade Act of 1974 against Germany over alleged underpayment for innovative pharmaceutical products.

US launches Section 301 probe into Germany over drug pricing
Jamieson Greer
  • Country:
  • United States

​The ‌United States ​has initiated an ‌investigation under Section 301 of the ‌Trade Act of 1974 ‌against Germany, U.S. Trade Representative ⁠Jamieson ​Greer said ⁠on Thursday.

The investigation ⁠will seek to ​determine whether persistent underpayment ⁠for innovative pharmaceutical ⁠products ​by Germany is unreasonable or ⁠discriminatory, the USTR ⁠said.

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