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Capitol Health Call
February 9, 2016

Senate Committee Investigates Price Hikes for Off-Patent Drugs

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Copyright 2016 American Medical Association. All Rights Reserved. Applicable FARS/DFARS Restrictions Apply to Government Use.

JAMA. 2016;315(6):549. doi:10.1001/jama.2016.0162

The Senate Special Committee on Aging is holding a series of hearings investigating sudden price increases for drugs that go off-patent.

“For many decades, federal policy has sought to strike the right balance between maintaining the incentives needed to promote innovation and the development of new drugs and keeping medicines affordable,” chair Susan Collins (R, Me) said in a statement at the first hearing (http://1.usa.gov/1YZGjnG). “That balance we have struck never anticipated companies acquiring off-patent drugs and then jacking up their prices to enormous heights….”