[Ip-health] New U.S. legislation to license patents & negotiate better prices
pmaybarduk at citizen.org
Wed Jul 25 08:41:40 PDT 2018
This is happening right now; livestream on Re. Lloyd Doggett’s Facebook page. Social media: #EndRxMonopolyPrices.
The bill is important in part because it authorizes the U.S. government to license patents and authorize generic competition when manufacturers fail to offer a reasonable price. Amazingly, there are about 70 congressional cosponsors on the bill’s first day.
Things are changing, even in the USA. -Peter
Press Conference: U.S. Rep. Lloyd Doggett to Introduce Proposal to Harness Medicare’s Purchasing Power to Negotiate Lower Medication Prices
Legislation Would Provide Leverage Through a Competitive License to Allow Competition If Negotiations Fail
July 24, 2018
Contact: Angela Bradbery, abradbery at citizen.org, (202) 588-7741
Don Owens, dowens at citizen.org, (202) 588-7767
WHAT: Press conference at which U.S. Rep. Lloyd Doggett (D-Texas) will introduce legislation to allow Medicare to negotiate directly with pharmaceutical corporations and authorize generic competition when negotiations fail.
The Medicare Negotiation and Competitive Licensing Act would authorize the secretary of the U.S. Department of Health and Human Services to negotiate directly with pharmaceutical manufacturers, just as the government already successfully does for veterans.
Unlike other Medicare negotiation bills, this act would authorize generic competition through competitive licensing when a manufacturer refuses to offer a reasonable price. This would give Medicare leverage in negotiations with pharmaceutical corporations and provide low-cost alternatives when medicines are unaffordable, thereby ensuring patients receive the treatment they need.
WHEN: 11 a.m. EDT, Wednesday, July 25
WHERE: Room 2247, Rayburn House Office Building
45 Independence Ave. SW, Washington, D.C.
WHO: U.S. Rep. Lloyd Doggett (D-Texas)
U.S. Rep. Peter Welch (D-Vt.)
U.S. Rep. Elijah Cummings (D-Md.)
Robert Weissman, president of Public Citizen
Stahis Panagides, patient struggling to afford treatment for Parkinson’s disease
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