[Ip-health] Public Citizen statement on failure to include CREATES in budget deal
sknievel at citizen.org
Thu Feb 8 08:33:07 PST 2018
Legislators Lost an Opportunity to Curb Pharmaceutical Industry's Abusive Practices
Statement of Steven Knievel, Advocate, Public Citizen's Access to Medicines Program
Feb. 8, 2018
Contact: Nadia Prupis, nprupis at citizen.org, (202) 588-7779
Don Owens, dowens at citizen.org, (202) 588-7767
Note: In the final stretch of budget negotiations this week, legislators dropped a reform that would have helped generic medicines reach the market expeditiously and reduced prices through market competition. The CREATES Act (S. 974/H.R. 2212, Creating and Restoring Equal Access to Equivalent Samples Act), included in negotiations until the final hours, would stop brand-name drug manufacturers from preventing generic manufacturers from receiving the product samples they need to bring competing products to market. Instead, legislators advanced a measure to increase pharmaceutical company discounts and accelerate closing of the Medicare Part D "doughnut hole." Public Citizen will have statements and analysis on the full budget package as details emerge and events unfold in Congress.
Foregoing the CREATES Act is a mistake and a lost opportunity to curb the abusive practices of prescription drug corporations. Americans overwhelmingly support disciplining Big Pharma to help make medicines affordable. The CREATES Act is a start; it's a key structural reform that we can still pass this year. Congress should pass CREATES and get on to the big reforms Americans want, such as allowing the government to negotiate lower medicine prices for seniors on Medicare.
Americans' outrage at unaffordable treatments made possible today's compromise to accelerate closing of the doughnut hole. This is a good thing that will save seniors money, though ultimately less than seniors and the government will save by tackling pharma power head on through the CREATES Act and more robust reforms like Medicare negotiation.
Access to Medicines Advocate
Public Citizen | Protecting Health, Safety and Democracy
TEL: +1 202-588-7769
1600 20th St. NW, Washington, DC 20009
Public Citizen Foundation participates in the Combined Federal Campaign with the CFC Code 11168.
More information about the Ip-health