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Press Releases December 12, 2023

STATEMENT: P4ADNOW Applauds House Of Representatives For Passing “Lower Costs, More Transparency Act,” Taking Major Step Toward Broad Package Of Health Care Reforms

By P4ADNow Team

Vote Sets Stage For Negotiation On Bipartisan Bills Promoting Competition Making Their Way Through The Senate

The following statement was issued by Merith Basey, executive director of Patients For Affordable Drugs Now, after the House of Representatives passed the “Lower Costs, More Transparency Act”: 

“The House’s decisive bipartisan action tonight in passing the “Lower Costs, More Transparency Act” including measures to increase transparency and further tackle high drug prices by improving the generic drug approval process, is highly encouraging and moves the Congress in the right direction. This development boosts the momentum for the Senate leadership to move forward with a comprehensive health care package, encompassing bills aimed at lowering drug prices by addressing patent abuses and other anti-competitive tactics employed by drug companies to delay generic and biosimilar competition. This action helps to pave the way for a bipartisan end of year package that can lower prescription drug prices for everyone.”

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