Minnesota has now passed Alec’s Law, which forces insulin makers to provide a 30 day supply for $35 in emergencies or a 90 day supply for $50 to low-income patients.
“They let Covid-19 spread unabated in low and middle-income countries. And now the same pharma execs and shareholders are making a killing from a crisis they helped to create. It’s utterly obscene.”
“We can no longer tolerate the American people paying, by far, the highest prices in the world for prescription drugs,” said Sanders.
The National Health Service, does not have ads for prescription drugs, as medicine in the country is strictly a not-for-profit affair.
“In just 10 years, the number of large, international pharmaceutical companies decreased six-fold, from 60 to only 10.”
Reps Porter, Tlaib and Pressley used an Oversight Committee hearing to press the CEOs of Teva, Celgene and Bristol-Myers Squibb on the results of an 18-month investigation into the pricing of two drugs: Teva’s Multiple Sclerosis drug Copaxone and Bristol-Myers Squibb’s Multiple Myeloma drug Revlimid.