
February 9, 2024
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7:34
6:00Now PlayingBernie Sanders grills big pharma CEO and corners him into admitting price gouging practices while refusing to commit to lower drug prices for Americans. John Iadarola and Brett Erlich break it down on The Damage Report.
Read more here:
Pressed by Sanders, Big Pharma CEOs Refuse to Commit to Lower Drug Prices
"The CEOs of major pharmaceutical companies refused Thursday to commit to lowering the prices of some of their top-selling drugs when pressed by Sen. Bernie Sanders, who noted that the same medicines are available in other countries for a fraction of the cost that Americans pay.
"We are aware of the many important, lifesaving drugs that your companies have produced. And that's extraordinarily important," Sanders (I-Vt.) said in his opening remarks during a Senate Health, Education, Labor, and Pensions Committee hearing. "But I think as all of you know, those drugs mean nothing to anybody who cannot afford it. And that's what we're dealing with today."
Sanders asked the chief executives of Merck and Bristol Myers Squibb whether they would pledge to reduce the sky-high U.S. list prices of their cancer and blood clot medications to levels that patients pay for those drugs in Japan and Canada."
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240209__DR07Bernie
240209__DR07Bernie
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