Coalition of 44 groups calls for passage of drug pricing bill

Coalition of 44 groups calls for passage of drug pricing bill
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A coalition of 44 groups is calling on Congress to pass a measure aimed at fighting high drug prices that has gained support from across the political spectrum.

The letter is signed by groups that are often directly opposed to each other, such as the conservative group FreedomWorks and the liberal group Families USA.

The bill, called the Creates Act, has bipartisan co-sponsors and is designed to increase competition and bring prices down by preventing branded drug companies from using delay tactics to prevent generic competitors from getting onto the market.

It is a rare anti-drug pricing measure that has some momentum in Congress, and it could be included as a way to help pay for a coming budget deal.

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“It is undisputed that the key driver of affordability in prescription drugs is competition from generics once the market exclusivity has expired on a brand-name medication,” the letter states. “Unfortunately, manufacturers of brand name drugs often go to great lengths to stave off competition from generics in order to keep prices high.”

It calls for action to “end the shenanigans” from branded drug companies and for Congress to pass the Creates Act “without delay.”

The bill is sponsored by Sen. Patrick LeahyPatrick Joseph LeahyCongress hunts for path out of spending stalemate This week: House kicks off public phase of impeachment inquiry Senators press NSA official over shuttered phone surveillance program MORE (D-Vt.), who is joined by a diverse group of co-sponsors such as Sens. Chuck GrassleyCharles (Chuck) Ernest GrassleySpeaker Pelosi, it's time to throw American innovators a lifeline Barr: Inspector general's report on alleged FISA abuses 'imminent' Pelosi aide hopeful White House will support drug-pricing bill despite criticism MORE (R-Iowa), Dianne FeinsteinDianne Emiel FeinsteinSenate Democrats introduce Violence Against Women Act after bipartisan talks break down Harris shares video addressing staffers the night Trump was elected: 'This is some s---' Centrist Democrats seize on state election wins to rail against Warren's agenda MORE (D-Calif.), Ted CruzRafael (Ted) Edward CruzWarren goes local in race to build 2020 movement Trump holds chummy meeting with Turkey's Erdoğan Overnight Defense: Trump hosts Erdoğan at White House | Says Turkish leader has 'great relationship with the Kurds' | Highlights from first public impeachment hearing MORE (R-Texas) and Amy KlobucharAmy Jean KlobucharHillicon Valley: Federal inquiry opened into Google health data deal | Facebook reports millions of post takedowns | Microsoft shakes up privacy debate | Disney plus tops 10M sign-ups in first day Federal inquiry opened into Google health data deal Google sparks new privacy fears over health care data MORE (D-Minn.).

Major health-care groups also signed the letter on Tuesday, including the Campaign for Sustainable Rx Pricing, the American Hospital Association and America’s Health Insurance Plans.