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Senate adopts bill aimed at protecting 340B contract pharmacy arrangements
Summary
The Colorado Senate adopted SB71 on March 25 to guard contract pharmacy arrangements under the federal 340B drug-pricing program and add state transparency provisions.
The Colorado Senate on March 25 adopted Senate Bill 71, legislation intended to prevent pharmaceutical manufacturers from restricting contract pharmacy arrangements for providers participating in the federal 340B drug-pricing program and to add state-level transparency requirements.
Senator Michaelson Genet moved the Health and Human Services committee report and introduced amendments L16 and L17 on the floor. Senator Rich, speaking in favor of SB71, said the…
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