Warren unveils bill to lower drug prices by letting government manufacture them

Sen. Elizabeth WarrenElizabeth Ann WarrenBiden calls for equal pay for US women's soccer team Biden calls for equal pay for US women's soccer team Trump steadfast in denials as support for impeachment grows MORE (D-Mass.) on Tuesday unveiled a bill aimed at lowering drug prices by allowing the government to step in and manufacture certain drugs that lack competition.

The bill from Warren, who is considered a likely 2020 presidential contender, comes as Democrats are putting forward a range of new ideas on how to lower drug prices, a top priority for the public and an issue that President TrumpDonald John TrumpTrump cites tax cuts over judges as having biggest impact of his presidency Trump cites tax cuts over judges as having biggest impact of his presidency Ocasio-Cortez claps back at Trump after he cites her in tweet rejecting impeachment MORE has also highlighted.

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Warren’s bill would create a new office in the Department of Health and Human Services that would be empowered to manufacture generic drugs itself and sell them at fair prices, if no company is already making the drug, or if one or two companies are making the drug and the prices spike.

“In market after market, competition is dying as a handful of giant companies spend millions to rig the rules, insulate themselves from accountability, and line their pockets at the expense of American families,” Warren said in a statement.

Other possible Democratic presidential contenders have also been pointing to ideas to lower drug prices recently.

Sens. Kamala HarrisKamala Devi HarrisBiden calls for equal pay for US women's soccer team Biden calls for equal pay for US women's soccer team Confused by polls? Watch early primary states — not national numbers MORE (D-Calif.), Jeff MerkleyJeffrey (Jeff) Alan MerkleyDemocratic White House hopefuls push to expand health care in US territories Democratic White House hopefuls push to expand health care in US territories Hillicon Valley: Assange hit with 17 more charges | Facebook removes record 2.2B fake profiles | Senate passes anti-robocall bill | Senators offer bill to help companies remove Huawei equipment MORE (D-Ore.) and Amy KlobucharAmy Jean KlobucharElection security bills face GOP buzzsaw Election security bills face GOP buzzsaw Julián Castro defends going on Fox: I'm focused on 'the people out there watching' MORE (D-Minn.) helped introduce a bill last week to allow the government to step in and stop certain price spikes for drugs.

And Sen. Bernie SandersBernie SandersConfused by polls? Watch early primary states — not national numbers Confused by polls? Watch early primary states — not national numbers Biden leads in early voting states, followed by Warren, Sanders: poll MORE (I-Vt.) unveiled a bill last month to strip drug companies of their monopolies if their prices are deemed excessive.

Warren’s bill is different than some others in that it targets generic drugs, which are often thought of as cheap. But Warren’s office said the generic drug market is “broken” and lacks competition, pointing to an investigation into a massive price-fixing scheme in the generic drug market. 

Rep. Jan SchakowskyJanice (Jan) Danoff SchakowskyOmar blasts Trump's comment about accepting foreign campaign dirt as 'un-American' House Dem cites transgender grandson in voting for Equality Act Dems plan 12-hour marathon Mueller report reading at Capitol MORE (D-Ill.) introduced the bill in the House.