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WASHINGTON, Oct 29 (Reuters) - Healthcare legislation released in the U.S.
House of Representatives on Thursday: * Requires the health secretary to negotiate drug prices for Medicare patients * Reduces the Medicare prescription drug 'donut hole' by $500 in 2010, phased out by 2019 * Requires drugmakers to pay rebates for Medicare patients also on Medicaid * Says biosimilar drugs may not be approved until 12 years after original product was licensed (Company news desk in Washington; +1 202 898 8400, washington.newsroom@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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