Sanders Vows to Block Health Nominees Until Biden Releases “Clear Strategy” to Lower Prescription Drug Prices

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Sen. Bernie Sanders has fired a shot across the bow to the White House in his latest move in his quest to lower prescription drug prices in the U.S.

The report found that nearly every drug that’s been created with the aid of taxpayer-funded NIH research is more expensive for Americans than for people in other countries, with pharmaceutical companies using research from the NIH, which can come in at nearly every step of the drug development process, to create and commercialize new drugs.

The report highlights some of the most absurd differences between U.S. and other comparably wealthy countries’ prices for drugs, despite those drugs being developed using U.S. taxpayer money. Gilead Sciences’s cancer drug Yescarta costs $212,000 in Japan, but costs double the price, $424,000, in the U.S. Another drug, a hormone therapy drug called Myalept, costs $580,000 a year in France — and $1.9 million a year in the U.S. Even cheaper drugs cost more in the U.S.

 

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