Drug price fix seen in supply of generics, rebates, Senator says

Bloomberg

7 March 2019 - Middlemen, not consumers, get company discounts, Collins says.

Streamlining the pharmaceutical supply chain and getting more generic drugs to market would help consumers who can’t afford prescriptions, the head of the U.S. Senate’s special committee on ageing said in a Bloomberg TV interview.

“There are a lot of people getting very wealthy along this supply chain,” while regular Americans are paying “crushingly high” prices for their drugs, Senator Susan Collins, a Republican from Maine, said Wednesday.

Read Bloomberg article

Michael Wonder

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Michael Wonder

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Medicine , US , Pricing , Generic medicine