Proposal to Cap CA Drug Prices Approved for 2016 Ballot

FRESNO, Calif. (KMJ) — A ballot measure to impose price controls on state drug purchases has qualified for the 2016 ballot, potentially leading to an expensive battle with the pharmaceutical industry.

The California Drug Price Relief Act would tie those purchases, to prices paid by the U.S. Department of Veterans Affairs.

Proponents claim it’s the most comprehensive drug price reduction initiative to go before voters in a decade, but industry opponents say that’