FMI applauds approval of bipartisan PBM reform legislation
ARLINGTON, Va. – FMI – The Food Industry Association praised the U.S. Senate Commerce Committee’s passage of the bipartisan Pharmacy Benefit Manager Transparency Act of 2022 (S. 4293). The new legislation addresses several anticompetitive practices used by many of the drug middlemen known as pharmacy benefit managers (PBMs) while giving the Federal Trade Commission (FTC) and
