Posted by Michael Wonder on 01 Aug 2017
Sanders to unveil rule requiring drug companies to set fair prices
31 July 2017 - Senator Bernie Sanders will unveil a new rule forcing pharmaceutical companies to set reasonable prices for drugs developed using research funded by federal research dollars, Huffington Post reported Monday.
The rule — an amendment to the Federal Food, Drug, and Cosmetic Act — is Sanders’s newest attempt to block pharmaceutical company Sanofi Pasteur from receiving a license to develop a vaccine for the Zika virus with the U.S. Army.
Sanofi Pasteur is pursuing a patent that would block other drug makers from being able to produce and sell the vaccine at a lower price.
