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News June 22, 2020

The Week in Review in Prescription Drug Pricing

By P4ADNow Team

Survey says: Lower drug prices!

 
1. More COVID-19 Worries: Drug Prices

  • A new survey from Gallup shows nearly nine of 10 Americans are worried that the COVID-19 pandemic will give Big Pharma cover to increase drug prices. Americans across the political spectrum support allowing the federal government to negotiate directly with drug makers for a fairly priced COVID-19 treatment. — (Gallup) 

2. Who’s Picking Up the Tab?

  • The White House announced Tuesday that COVID-19 vaccines will be free for any American who is “vulnerable, who cannot afford the vaccine, and desires the vaccine.” That’s good news, but we’re going to need much more transparency to make sure taxpayers aren’t being charged excessive prices for drugs they paid to create. — (CNBC) 

3. Memo: You Can’t Have It Both Ways

  • As the most poorly regarded industry in America, pharma has been eyeing the COVID-19 pandemic as a reputation booster. Experts point out that high COVID-19 drug prices would blow up reputational gains. — (FiercePharma)

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