Published 2 years ago

Democrat plans for drug prices would 'undermine' access to generics

Summary by Ground News

Merrill Matthews: Democrats' new drug-pricing proposal would undermine the Hatch-Waxman Act. He says the law allows generic drug makers to manufacture and sell lower-cost versions of brand-name medicines. Matthews: If the government's price controls discourage generic manufacturers from making a competing drug, brand- name makers will have little incentive to invest in such improvements.

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Democrat plans for drug prices would 'undermine' access to generics

[Editor's note: This story originally was published by Real Clear Health.]By Merrill Matthews Real Clear HealthHouse Democrats have passed their massive social spending bill. It includes a measure to empower Medicare to set drug prices, which supporters have hailed as a victory for patients.It is anything but. Specifically, it would undermine a landmark piece of legislation that vastly expanded access to low-cost generic medicines.Passed in 1984…

2 years ago·Medford, United States

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