Drug companies brace for chairman Bernie

  • 📰 axios
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Sen. Bernie Sanders has long made no secret that he thinks drug companies and health insurers are ripping off Americans. But now he's chairman of the Senate health committee.

, Sanders previewed the committee's agenda, including how it would "take on the greed of the pharmaceutical industry."

Lawson said he expects Sanders to send letters to drug companies with questions before calling hearings. "We're seeing companies intensify their proactive education and advocacy efforts, while also preparing to deal with fresh attacks from the senator," said a consultant who works with pharmaceutical companies.

Lori Reilly, chief operating officer at the Pharmaceutical Research and Manufacturers of America, said they are "preparing for anything and everything" when asked about Sanders as chairman.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The American citizens are subsidizing the entire world. Look at the difference in price between the US and the rest of the world for the same drug? The US is where most of their profits come from. This is not right! And what have TheDemocrats and GOP done about it? Nothing!

Im sure they are just talking points, and he actually doesnt want to change anything.

This man is comunista

think his personal wealth will go up?

Bravo.

Rich AF.

The man has past absolutely no legislation in how many years in office? He too is ripping off Americans

We have a medical care industry that doesn't care about food, a food industry that doesn't care about health, and a pharmaceutical industry with a vested interest in keeping it that way. Lots of $$$ being made to maintain the status quo

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines