Pharma companies wants the government to do something about high drug prices, so long as it's not forcing them to lower their drug prices

\n\nPharmaceutical CEOs and executives from seven companies went in front of Congress on Tuesday to testify about the high price of prescription drugs.\nOver the course of a few hours, senators grilled the executives about the role they play in setting high prices for Americans as well as what they could do to fix it. \nToward the end, the executives seemed to reach a consensus that it;&#x0027ll take government action to solve the conundrum of how we get to lower prices.

\n;&#x0022We couldn’t do that independently of major reform because we would lose formulary placement if we were doing that in isolation, especially in competitive areas,;&#x0022 Brandicourt said. \nAstraZeneca CEO Pascal Soriot said the US healthcare system is set up in a way that no longer works. \n;&#x0022We are in a system that used to be fit for purpose and drove enormous savings, but is no longer fit for purpose,;&#x0022 Soriot said.

ZTracer Next up needs to be PBMs, but do the members of the committee understand them well enough to ask the right questions and actually get anywhere?

People can not afford to pay for insulin now, drug manufacturers need to stop killing people for profit.

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