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BIO leader hits proposal for drug price regulation

BIO leader hits proposal for drug price regulation

The Cambridge-based chairman of the nation’s largest biotech organization is strongly opposing any federal controls in drug pricing if a prescription drug component is added to Medicare.

“It’s price controls or innovation; you can’t have both,” said Richard Pops, who recently was elected to head the board of directors of the Biotechnology Industry Organization (BIO), a Washington-based information and lobbying group. Pops is CEO of Alkermes Inc. in Cambridge.

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