WASHINGTON, D.C. — The following statement was issued by David Mitchell, a cancer patient and founder of Patients For Affordable Drugs Now, in response to the Principles For Drug Pricing Reform released today by Senate Finance Committee Chairman Ron Wyden:

“The principles released today lay a strong and thoughtful foundation for comprehensive reform of the U.S. drug pricing system, from lowering list prices set by drug corporations to reducing out-of-pocket costs for patients at the pharmacy counter. 

“We are very pleased to see the inclusion of Medicare negotiation as the first principle, extension of ‘drug pricing reforms that keep prices and patient costs in check’ beyond Medicare to all Americans, and provisions to spur and reward innovation. We applaud Chairman Wyden’s leadership and look forward to supporting and working with the committee to flesh out the details in legislation that will bring the principles to life and relief to millions of patients.”