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Pharmaceutical CEOs are set to testify on drug prices, NY Times reports

The CEOs of Johnson & Johnson (JNJ), Merck (MRK), and Bristol Myers Squibb (BMY) are set to appear in front of the Senate health committee to defend how they charge for drugs in the United States, Noah Weiland and Rebecca Robbins of The New York Times report. The three executives are expected to clash with the health committee’s chairman, Senator Bernie Sanders of Vermont, who plans to focus on hearing why drug prices are higher in the U.S. than in other wealthy countries.

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