Sanders unveils aggressive new bill targeting dru
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Posted On: 11/20/2018 12:14:01 PM
Quote:
Sanders unveils aggressive new bill targeting drug prices
Uh, oh, sell big pharma?
Sounds good to me. Wonder why this imitative didn't come from the GOP and its 'populist' president ?
Source: The Hill
BY PETER SULLIVAN - 11/20/18 09:00 AM EST
Sen. Bernie Sanders (D-Vt.) and Rep. Ro Khanna (D-Calif.) on Tuesday unveiled a bill aimed at aggressively lowering drug prices by stripping monopolies from drug companies if their prices are deemed excessive.
Sanders has long railed against drug companies for their prices, and this bill is one of the most far-reaching proposals aimed at lowering them.
The bill would strip the monopoly from a company, regardless of any patents, and allow other companies to create cheaper generic versions of a drug, if the price for that drug is higher than the median price in Canada, the United Kingdom, Germany, France, and Japan.
“No other country allows pharmaceutical companies to charge any price they want for any reason they want,” Sanders, who could run for president again in 2020, said in a statement.
“The greed of the prescription drug industry is literally killing Americans and it has got to stop,” he added.
Read more: https://thehill.com/policy/healthcare/417570-...rug-prices
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