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Senate Panel Investigates Drug Price Hikes

A Senate committee tasked with protecting seniors is launching an investigation into prescription drug pricing, responding to public anxiety about companies hiking prices for once-inexpensive medicines. The Senate's special committee on aging said Wednesday it requested documents and information from Turing Pharmaceuticals, Valeant Pharmaceuticals and two other drug companies that have been spotlighted for recent price spikes. The move comes amid public outcry over the trend, which...

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