Coalition Calls On Biden To Lower Drug Prices
On Thursday, a progressive coalition urged the Biden administration to exercise its power to make lifesaving medicines affordable.
Advocates for The Make Meds Affordable campaign unveiled a roadmap for lowering drug prices.
It outlines two executive authorities the federal government can invoke to end patent monopolies and lower drug prices.
Republicans and a handful of Big Pharma-funded Democrats have undermined congressional efforts to rein in skyrocketing drug prices.
According to the progressive coalition’s plan, the agency could act without the need for Congress to intervene.
Julia Santos, senior healthcare policy manager for Indivisible, said “there’s nothing reasonable about the sky-high profits that pharmaceutical companies enjoy at the expense of taxpayers.”