Posted by Michael Wonder on 17 Oct 2019
Pelosi: Democrats will name marquee drug pricing bill for late Rep. Cummings
17 October 2019 - House Democrats’ signature legislation to lower the cost of prescription drugs will be named for the late Rep. Elijah Cummings, House Speaker Nancy Pelosi said on Thursday.
Cummings, a longtime Baltimore politician, who passed away early Thursday at age 68, chaired the House Committee on Oversight and Reform, and was a longtime champion for lowering drug prices.
It was Cummings who most famously called to account Martin Shkreli, the hedge fund manager of “pharma bro” fame, after his pharmaceutical company acquired the rights to a 6o-year-old anti-parasitic medication and raised its price from $13.50 to $750.
