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ALERT: PhRMA Spends Record $$$ Lobbying
WASHINGTON, DC — Patients For Affordable Drugs’ Executive Director, Ben Wakana, issued the following statement regarding the news that PhRMA, the pharmaceutical industry’s main trade organization, broke a record for money spent lobbying in the first quarter of 2018. “Drug corporations are running scared. The public knows the truth about America’s rigged prescription drug pricing system, so PhRMA is […]
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Patient Group Calls For Investigation Into AbbVie’s abusive Pay-for-Delay deals
WASHINGTON, D.C. — Patients For Affordable Drugs (P4AD) called on the Federal Trade Commission to investigate a pay-for-delay deal cut by the pharmaceutical giant AbbVie. In a letter to Congress and the Federal Trade Commission, the patient group asked the FTC to investigate whether AbbVie’s recent deal with Samsung Bioepis is anti-competitive and violates antitrust laws. […]
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Nationwide Patient Organization Endorses Ohio Bill to Lower Drug Prices
COLUMBUS, OHIO — Patients For Affordable Drugs (P4AD), a bipartisan national patient organization, endorsed HB 479, a bill to prohibit secretive contracts by drug corporation middlemen that keep Ohio patients in the dark about their prescription drug prices. Patients For Affordable Drugs brought together Ohio residents Saturday in Columbus for a training focused on how to effectively organize, […]
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Higher Taxes on Drugs Won’t Lower Drug Prices
WASHINGTON, D.C. — Patients For Affordable Drugs Executive Director, Ben Wakana, issued the following statement regarding the Trump Administration’s plans to introduce tariffs on key drug ingredients. “For an administration that wants to lower drug prices, this would do the exact opposite. We are eager to read the comprehensive set of recommendations the administration promised to release in […]
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Drug rebates for consumers — another Band-Aid on a systemic problem
WASHINGTON, D.C. — Patients For Affordable Drugs Executive Director, Ben Wakana, issued the following statement regarding the announcement that Aetna plans to pass drug rebates to consumers: “The recent changes announced by Aetna and United will offer some relief to about 10.5 million people — 3 percent of the U.S. population. These announcements are designed […]
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Who Runs Washington? New Poll Shows Americans Think It's Drug Company Lobbyists
FOR IMMEDIATE RELEASE: March 23, 2018 A new Kaiser Family Foundation Health Tracking Poll found an overwhelming 72 percent of people think the drug industry has too much influence in Washington, outpolling Wall Street and the gun lobby. Ben Wakana, Executive Director of Patients For Affordable Drugs, released the following statement in response: “Drug company lobbyists pour […]
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Washington Residents Join Weekend Training to Fight for Lower Drug Prices
FOR IMMEDIATE RELEASE: Feb. 26, 2018 juliana@patientsforaffordabledrugs.org (202) 734-7555 Seattle, WA — Patients for Affordable Drugs (P4AD) brought together nearly a dozen Washingtonians Saturday for a training in Seattle focused on how to effectively organize, mobilize, and fight for lower drug prices at the state level. P4AD, a bipartisan national patient organization, has heard stories […]
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Pharma's $50 Billion Tax Windfall For Investors
KEY POINT: “The large buyback programs are rolling out while the same pharmaceutical companies raise drug prices and while Americans struggle to afford their prescriptions.” AXIOS / Bob Herman / Feb. 22, 2018 “The pharmaceutical industry is using a large portion of its windfall from Republicans’ corporate tax cuts to boost its stock prices. Nine […]