Latest News | Sep 10, 2022

The Week in Review in Prescription Drug Pricing

The Week in Review in Prescription Drug Pricing

Biggest upset in August? Serena beating the no. 2 seed or patients overcoming Big Pharma’s $205 million in lobbying spending? Game, set, mat

Welcome To The Week In Review.

  1. Patients Explain: “This Is A Game-changer.”

2. Congress Is Proud Of Drug Price Reforms

3. Big Pharma’s profiteering schemes

?BONUS: Tradeoffs dives into the Inflation Reduction Act and the next steps for implementing the new drug pricing law, as well as Big Pharma’s efforts in opposition. Give it a listen!

Have a great weekend, everyone!

The Week in Review in Prescription Drug Pricing

Biggest upset in August? Serena beating the no. 2 seed or patients overcoming Big Pharma’s $205 million in lobbying spending? Game, set, match.

Welcome To The Week In Review.

  1. Still Smiling About Drug Price Reforms

2. Electeds Echo Importance Of New Drug Price Law

3. HELP! We Need UFAs With Drug Reforms

Have a great weekend, everyone!

The Week in Review in Prescription Drug Pricing

​​Similarities of corn and affordable drug prices? We really love it. I mean look at this thing! It has the juice! It should be affordable. We can tell you all about it!!!
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Welcome To The Week In Review.

1. Success Sinking In

2. Top Officials Tout New Drug Price Reforms

3. Opinions: Americans Express Gratitude For Lower Drug Prices

One More Thing: Check out this episode from the “This is Type 1” podcast featuring Iesha Meza, who shares her struggle with insulin rationing and her journey to becoming an advocate in fighting for lower prescription drug prices.

Have a great weekend, everyone!

The Week in Review in Prescription Drug Pricing

WE HAVE A LOT TO CELEBRATE THIS WEEK.
WELCOME TO THE WEEK IN REVIEW

1. Signed, Sealed, Delivered!

2. Hats Off To Patients For Advancing Popular Rx Policy 

3. Drug Price Reforms In Action

One More Thing: Prior to the House vote on the Inflation Reduction Act, P4ADNow founder David Mitchell sat down with Rachel Cohrs of STAT to discuss the work leading up to this monumental moment and his plans for the drug pricing fight ahead. You can check it out here.

Have a great weekend, everyone!

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 President Biden signing the Inflation Reduction Act into law:

“President Biden made history today by signing into law the Inflation Reduction Act that will lower prescription drug prices and out-of-pocket costs for millions of Americans. President Biden, along with Democrats in the Senate and House, fulfilled their promises to the American people by standing firm in the face of assaults from Big Pharma and passing unprecedented reforms. As a result, they have changed the trajectory of drug pricing in the United States. We are grateful for the President’s commitment to the issue and for delivering relief to millions of Americans. 

“Patient advocates across the country who shared their personal experiences of the burden of high drug prices made this monumental victory possible. We are humbled and energized by patient advocates’ power to move the will of Congress. Our work to ensure all patients can afford the medications they need will continue.” 

Read a letter from David Mitchell to our community of patient advocates here.

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Something remarkable happened this week: You changed the course of history.

Because of you and this community of patients, families, and allies, Congress passed and the President signed into law historic legislation that will lower prescription drug prices for millions of Americans. 

For the first time ever:


Big Pharma — with more than 1,500 lobbyists on Capitol Hill — fought these reforms with all its might, spending at least $56 million on advertising and more than $100 million on lobbying in the past year. It lied about the impact of the legislation, tried to scare patients with dire warnings that new innovative drugs would not be available, and even directly threatened members of Congress. We overcame all of it because of you.

Our community and the American people rose up and said Enough! And finally, after years of effort, we overcame the most powerful lobby in the country. The legislation does not include everything we hoped for, but make no mistake — it changes the trajectory of drug prices and policy in the United States. It finally begins to break the power of multinational drug corporations to dictate prices of brand name drugs to the American people.

I cannot emphasize this enough: The victory would not have been achieved without tireless advocacy from people such as yourself. Your dedication to sharing your real, lived experiences and to write a letter or make a phone call made it possible to reach policymakers in Washington and counter the power of the drug companies; you are the force behind these reforms. Thank you.

We thank the members of the House and Senate and President Biden who stood with patients to achieve this hard fought victory. There is more work to do to lower drug prices for all patients, including many members of this community. Our work is not done, and we will not stop here — we will keep fighting for all patients whose prices are too high.

More importantly please remember, this victory shows we can make progress, we can achieve meaningful change to help millions of Americans. Together we will continue the work to reform our system in order to make it work better for the people it is supposed to serve — rather than the people who profit from it.

Thank you for being a part of this movement. 

Best wishes,

David Mitchell

The Week in Review in Prescription Drug Pricing

 ? ? ?
 Welcome to the Week in Review.

1. A New Era For Drug Prices

2. A Payoff for Patients 

3. Senators Celebrate Drug Price Reforms

4. Pharma: A Sore Loser

5. What’s Next?

Have a great weekend, everyone!

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 House of Representatives’ passage of the Inflation Reduction Act:

“Today marks a moment many Americans have been fighting for for decades; Congress stood up to Big Pharma and passed the historic drug price provisions in the Inflation Reduction Act that will lower prescription drug prices and out-of-pocket costs for millions of Americans. With this legislation, we have changed the trajectory of drug pricing policy in the United States. We have finally begun to break the power of multinational drug corporations to dictate prices of brand-name drugs to the American people.

“Thank you to the Democrats in Congress who have been fighting for these reforms for literally decades, and to Speaker Pelosi for her steely, determined leadership on the issue and swift passage of the legislation.

“For years, hundreds of thousands of patients across America have tirelessly advocated for these changes – they are the force behind these monumental reforms. There’s still more to be done to address other features of our system to ensure all Americans can afford their medications, and we will continue to push for the additional reforms needed. But for now, this legislation will rein in prices, lower out-of-pocket costs, and improve the lives of millions.

“We look forward to President Biden putting his signature on the Inflation Reduction Act and getting to work on implementation.”