WASHINGTON (AP) — President Joe Biden’s call for authorizing Medicare to negotiate lower prescription drug prices has energized Democrats on a politically popular idea they’ve been pushing for nearly 20 years only to encounter frustration.
But they still lack a clear path to enact legislation.
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Continue reading “AP: Democrats must find narrow path to curb high medicine prices”
Advocates for vaccine equity on Monday responded to the news of Moderna’s pledge to make 500 million doses of its vaccine available to developing countries by calling for a truly global effort to end the coronavirus pandemic—rather than individual acts of charity by pharmaceutical companies.
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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.
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Continue reading “STAT: Biden called for drug pricing reform this year.”
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,
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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.
Analysis released by the Government Acountability Office (GAO) found that US consumers and insurers paid 2.82 times more than in Canada,
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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. …
Continue reading “Bloomberg Government: Democrats Pressed on Drug Pricing in Reconciliation”
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. …
