WASHINGTON — President Biden told Congress Wednesday to let Medicare negotiate drug prices this year. But it’s an empty call to action.
“Let’s give Medicare the power to save hundreds of billions of dollars by negotiating lower prices for prescription drugs.
The Vermont senator urged Biden to include key drug-pricing reforms in his American Families Plan to stop Big Pharma from “ripping off the American people.”
A new government study commissioned by Sen. Bernie Sanders shows that the U.S. pays two to four times more for prescription drugs than other rich countries,
A government study commissioned by Senator Bernie Sanders has revealed that Americans pay two to four times more on prescription medicine compared to other wealthy countries.
Democrats Pressed on Drug Pricing in Reconciliation: Lower Drug Prices Now—a customer advocacy group fighting high prescription drug prices—urged Speaker Nancy Pelosi (D-Calif.) and Schumer in a letter to pass a stronger version of H.R. 3 “to make prescription drugs more affordable and hold the pharmaceutical industry accountable for price gouging and pandemic profiteering.” Read the letter here.
In response to the Biden administration’s brokering of a deal wherein pharmaceutical giant Merck will utilize excess manufacturing capacity to produce the coronavirus vaccine of its longtime competitor, Johnson & Johnson, public health advocates said Tuesday that the partnership—though welcome—reveals how global vaccine supplies could be significantly increased if patent monopolies were dissolved and the technology controlled by Big Pharma shared worldwide.
By Margarida Jorge and Niko Lusiani
In his first weeks on the job, President Joe Biden has put forward numerous executive orders that show his administration’s commitment to returning the U.S. to a leadership role in the global response to COVID-19. This new approach reflects a clear lesson from the Trump administration’s failed example: We cannot succeed by going it alone.
U.S. Sen. Elizabeth Warren (D-MA) and Rep. Jan Schakowsky (D-IL) introduced legislation to publicly manufacture personal protective equipment, prescription drugs, and other medical supplies necessary to fight the COVID-19 pandemic.
The Pandemic Emergency Manufacturing Act of 2021 authorizes the federal government to manufacture medical products,