'What the Biden administration is saying is that charging U.S. residents three to six times more than any other high-income country is reasonable,' said SenSanders after HHS declined march-in rights to force a lower price for the cancer drug Xtandi.
that he is"extremely disappointed that the Biden administration denied a petition by prostate cancer patients to substantially reduce the price of Xtandi."
"This is a drug that was invented with taxpayer dollars by scientists at UCLA and can be purchased in Canada for one-fifth the U.S. price," Sanders added."The Japanese drugmaker Astellas, which made $1 billion in profits in 2021, has raised the price of this drug by more than 75%... How many prostate cancer patients will die because they cannot afford this unacceptable price?"statementToday's decision is a blow to prostate cancer patients, their families, and taxpayers.
The administration's position"protects monopolists over taxpayers and patients, despite clear statutory authority and reasonableness to intervene," Doggett added."This decision effectively rubber-stamps continued Big Pharma abuse."
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