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News and Updates

The Lancet: Proposed tariffs on pharmaceuticals cause concerns about increased drug prices and drug shortages in the USA

Merith Basey (Patients for AffordableDrugs, Washington, DC,USA) told The Lancet Oncology that she was particularly concerned about what she called a “poison pill” part of Trump’s executive order that orders a potential change in how some drugs are costed. Under a law brought in under the Biden administration, Medicare can negotiate the price of some […]

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Med City News: Trump’s Executive Order on Prescription Drug Costs Delivers a Win for Pharma Companies

Patients for Affordable Drugs, a patient advocacy organization, called the provision on the negotiation program “deeply harmful.” “Delaying Medicare negotiation for small-molecule drugs – the most commonly used medications – is a clear giveaway to Big Pharma. It would hand drug companies four additional years to price-gouge patients, one in three of whom can’t afford […]

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Fierce Healthcare: Trump order seeks changes to Medicare drug price negotiation program, PBM reform

The provision’s inclusion was not supported by Patients for Affordable Drugs, calling it a “deeply harmful” item that caves to pharmaceutical lobbyists. “It would hand drug companies four additional years to price-gouge patients, one in three of whom can’t afford their prescription drugs today,” said Executive Director Merith Basey. “This change isn’t about supporting innovation […]

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Healthcare Finance: Trump's executive order on drugs seeks to end pharma 'pill penalty'

Merith Basey, executive director of Patients For Affordable Drugs, said the small molecule provision in the EO caves to pharmaceutical lobbyists’ demands. “Delaying Medicare negotiation for small-molecule drugs – the most commonly used medications – is a clear giveaway to Big Pharma,” Basey said. “It would hand drug companies four additional years to price-gouge patients, […]