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WATCH LIVE: President Biden urges Congress to lower prescription drug prices

President Biden is urging Congress to take steps to lower prescription drug prices.
For the generic drugs that make up a large majority of the prescriptions written in the United States, our costs are lower.
The ratio of sales to volume weight is significantly higher in the US than in any other country, indicating that US drug prices are much higher than those in other countries
Biden will highlight the issue during a speech at the White House today.
He is expected to argue that crippling drug prices are unacceptable as the nation tries to recover from the ongoing COVID pandemic.
Estimates point to price hikes on hundreds of medicines this year.