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Press Releases
Statement: Public-Private Partnership to Drive COVID-19 Research Overlooks Drug Prices
WASHINGTON, DC — In response to the new NIH-led public-private partnership to accelerate COVID-19 treatments and vaccines, David Mitchell, a cancer patient and the founder of Patients For Affordable Drugs, issued the following statement: “We are glad the federal government is directing billions of taxpayer dollars to find treatments and vaccines for COVID-19. But since […]
Press Releases
BY THE NUMBERS: New Analysis Finds Over 500 Drug Price Hikes In First Week of January
WASHINGTON, DC — A new analysis by Patients For Affordable Drugs uncovered 524 drug price spikes in the first week of 2020, spotlighting widespread pharmaceutical industry price gouging that underscores the urgent need for Congress to address the issue. The non-profit group found that 72% of those price increases were on drugs with no generic […]
Press Releases
Reaction to White House Blog Post on H.R. 3
WASHINGTON, DC — After an independent analysis found brand-name drugmakers could earn less revenue under H.R. 3 and still be the most profitable U.S. industry, the Council of Economic Advisers (CEA) released ablog post claiming the “House drug pricing bill could keep 100 lifesaving drugs from American patients.” This is the same CEA that keeps telling Americans […]
News and Reports
STAT OP-ED: Letting academic medical centers make CAR-T drugs would save billions
KEY POINTS: “We’re weaponizing individuals’ immune systems to destroy cancer and add years to their lives….But at hundreds of thousands of dollars per dose, insurance companies and the U.S. government are struggling to figure out how to pay for these breakthrough treatments.” “There’s a better way, one that will lower the price, enable more precise […]
News and Reports
GALLUP: Millions in U.S. Lost Someone Who Couldn't Afford Treatment
KEY POINTS: “Drug prices directly affect consumers, and with the U.S. one year away from the 2020 election, presidential candidates will increasingly be asked to explain and defend their policy positions regarding rising drug costs.” “Close to nine in 10 U.S. adults report that the costs of prescription drugs are ‘usually much higher’ (69%) or ‘tend […]
News and Reports
BLOOMBERG: Sheriffs’ Ads Slammed Drug Imports, and Big Pharma Helped Pay the Tab
WASHINGTON, DC — Grim-faced sheriffs peered from Washington D.C.-area television screens in hundreds of ads this summer, imploring the country’s leaders to reject proposals to import cheaper prescription drugs from other countries. Importing drugs would “put lives I’m sworn to protect at risk,” Kentucky Sheriff Keith Cain declared from beneath the brim of a white […]
News and Reports
ICYMI: Big Pharma Sinks to the Bottom of U.S. Industry Rankings
KEY POINTS: “The pharmaceutical industry is now the most poorly regarded industry in Americans’ eyes, ranking last on a list of 25 industries that Gallup tests annually.” “The new low in the pharmaceutical industry’s U.S. image comes amid a range of criticisms of industry norms, from generating the highest drug costs in the world to […]