GOP senators ask PhRMA for solutions to lower drug prices

The Hill

6 June 2019 - A group of eight Republican senators is writing to pharmaceutical companies asking them what solutions they have for lowering drug prices.

The letter to the Pharmaceutical Research and Manufacturers of America released Thursday, led by Sen. Rick Scott (R-Fla.), says the law makers are looking for “cooperation” from drug companies as they seek to lower drug prices.

“We write today to ask, as the trade association representing the pharmaceutical industry, what solutions does your association have that would increase transparency and directly lower the list price of drugs for consumers?” the senators write. “What specific plans do you have to address price disparities in the international market? And are you willing to work with us to find real solutions to help the American people?”

Lowering drug prices is an area of intense interest in both parties, and a rare issue where bipartisan action is possible this year.

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Michael Wonder

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Michael Wonder