We need Clare-ity on drug prices.
1. Follow the Money: Pharma Peddles Influence in State Races
- Big Pharma’s tentacles are reaching into the industry’s deep pockets, throwing millions in cash donations at state candidates’ races across the country to prevent state legislatures from passing drug pricing reform, a comprehensive investigation into the money flow found. Pharma may have the cash, but we must use our voices and votes to call on our legislators to stand up to drug companies and protect us from predatory pricing. — (STAT News)
2. Drug Pricing on the Ballot
- On Tuesday, Patients For Affordable Drugs Now hosted a presidential town hall on drug pricing featuring representatives from the Trump and Biden campaigns and moderated by Kaiser Health News’ Elisabeth Rosenthal. We are grateful for their participation in a substantive conversation about how to lower drug prices — a top issue for many voters heading to the ballot box. Watch the full event here. — (Patients For Affordable Drugs Now)
3. Taxpayer Cash Flows to Pharma
- AstraZeneca received $486 million from the U.S. federal government for the development and supply of 100,000 doses of its COVID-19 antibody treatment. Let’s add it to the growing list of vaccines and treatments that taxpayers have funded — we deserve to see our investments reflected in the final price. — (Reuters)
4. Transparency Needed
- The government has awarded billions of dollars in COVID-19 vaccine deals to drug companies through a third-party organization, bypassing typical contracting and leaving American taxpayers in the dark about how their money is being spent. Taxpayers need transparency now. — (NPR)
5. Betting on Pandemic PR
- The drug industry is betting its outsized role in the COVID-19 pandemic will buoy reputations and profits — not to mention increase political leverage as the companies face drug pricing reforms. Pharma’s work on vaccines and treatments does not erase the industry’s history of abusive pricing and monopolistic behavior. We must stay the course and continue our work to hold Big Pharma accountable and lower drug prices. — (The New York Times)