Hey there all you cool cats and kittens, hope you are staying healthy at home! Welcome to the Week in Review in prescription drug pricing.
1. COVID-19: Follow the Money
- Patients For Affordable Drugs dug into the massive taxpayer contributions toward COVID-19 vaccines and treatments. The findings? The real heroes of COVID-19 aren’t corner office executives, but the doctors and nurses, grocery store workers, and U.S. taxpayers whose tax dollars will drive the discovery of life-saving vaccines and treatments. — (Patients For Affordable Drugs)
2. Victory in Minnesota
- Drug pricing and Insulin-for-All advocates in Minnesota are celebrating a win after the Alec Smith Insulin Affordability Act was officially signed into law. The hard-won reform provides relief to those in urgent need and struggling to afford their insulin. — (Star Tribune)
3. Taxpayers Deserve a Say
- A new NIH-led public-private partnership to accelerate COVID-19 treatments and vaccines is a welcome development — but it fails to address future pricing of those drugs. Since taxpayers are investing extraordinary amounts toward the development of COVID-19 drugs, they deserve a say when the time comes to set a price. — (NIH)
4. Members of Congress Call For Drug Pricing Action
- As the pandemic’s economic fallout continues to devastate Americans financially and COVID-19 treatments and vaccines are under development, members of Congress are calling for action to address skyrocketing drug costs and ensure that COVID-19 drugs are affordable for all Americans. — (Here & Here)
5. States Taking Charge
- States around the country continued to lead the way by passing sweeping drug price reforms ranging from insulin copay caps to PBM crackdowns, all within the last month. Even during a crisis, states are getting the job done. — (STAT)
