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Brazil’s Senate approves bill forbidding drug price hikes in 2021 – Metro US

Brazil’s Senate approves bill forbidding drug price hikes in 2021

Outbreak of the coronavirus disease (COVID-19), in Porto Alegre
Outbreak of the coronavirus disease (COVID-19), in Porto Alegre

BRASILIA (Reuters) – Brazil’s Senate on Thursday approved a bill that would forbid drug makers from raising prices in 2021, as the country battles the world’s second-deadliest pandemic after the United States.

The bill will next pass to the lower house of Congress for consideration.

(Reporting by Ricardo Brito; Editing by Chris Reese)