As the Senate moved to adopt modest drug pricing negotiation measures, pharmaceutical companies made specious arguments.
Big Pharma
The Inflation Reduction Act requires Medicare to negotiate the prices of a small number of prescription drugs.
A lack of testing data and government guidance led many to avoid the COVID-19 vaccine during pregnancy.
Sanders announced two amendments to get rid of Big Oil giveaways and allow Medicare to cover dental, vision and hearing.
Republicans are opposing legislation that would lower drug costs for millions.
Sen. Bernie Sanders suggested that pharmaceutical industry lobbying weakened the proposal.
The pharmaceutical industry is mobilizing its army of lobbyists to attack Senate Democrats’ Medicare drug pricing plan.
The Democrats’ proposal would impose punishment on pharmaceutical companies that increase prices faster than inflation.
Advocates say the agreement will do virtually nothing to address vast global inequities in vaccine and treatment access.
A World Trade Organization conference kicked off in Geneva on Sunday amid demonstrations in support of the TRIPS waiver.