September 27, 2019

This week, two House committees held hearings on bills to give Medicare the power to negotiate with drug companies for lower drug prices. Both the House Energy and Commerce Committee and the Education and Labor Committee heard from witnesses on why the proposed bill (H...

September 20, 2019

Yesterday the House Subcommittee on Consumer Protection and Commerce held a hearing on how drug companies use gimmicks and loopholes to increase prices and stifle competition. This hearing focused on product hopping, where brand drug companies make small changes to the...

September 13, 2019

Yesterday, a coalition of over a dozen consumer groups and unions sent a letter to the Federal Trade Commission (FTC) expressing concerns about the huge AbbVie-Allergan merger. They write that the merger would likely harm competition and consumers and result in higher...

September 11, 2019

Speaker Nancy Pelosi's draft plan to lower prescription drug costs would give the federal government the power to negotiate lower prices for hundreds of prescription drugs, not just for Medicare but also for private health plans. This proposal is still being finalized,...

September 6, 2019

Patent abuse by companies has become an increasingly serious problem over the last couple of decades, and leads to reduced competition, fewer consumer choices, and higher prescription drug costs. This upcoming Wednesday, September 11th, the Senate Subcommittee on Intel...

September 5, 2019

Judge Richard Leon, who was reviewing the Department of Justice's decision to allow the pharmacy and pharmacy benefit manager (PBM) CVS to merge with the health insurance company Aetna, announced that the deal was lawful under antitrust law. While not unexpected, this...

September 4, 2019

Pharmaceutical innovation has led to the development of incredible new prescription drugs that can treat many diseases and ensure that consumers have a good quality of life. But rising drug prices are threatening this, especially for drugs that treat rare diseases. In...

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October 5, 2018

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