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Rising drug costs kick off Obama administration forum

Also expected to be discussed is how to speed up innovation

The Obama administration is getting in on the recently hot topic of lowering drug prices by calling for a forum later this month that will, among other things, tackle the issue.

According to The New York Times, Sylvia Mathews Burwell, the Secretary of Health and Human Services, will host a day-long conference, "to consider ways of speeding up the discovery of innovative drug treatments while making them more affordable."

Patients’ advocates, doctors and hospital executives, insurance carriers, state officials and pharmaceutical executives were invited.

The news outlet reported that the event's invitation doesn't specifically mention price controls, but the first panel at the forum is scheduled to be talking about, "the impact of rising pharmaceutical costs."

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