Senators Must Get To The Root Of High Drug Prices

Law360 (February 25, 2019, 9:57 PM EST) -- When the Senate Finance Committee opens the next in a series of hearings on high drug prices on Tuesday, the witness panel will be unlike any other since the CEOs of seven cigarette companies testified in 1994 that tobacco was not addictive. That’s because Tuesday's witnesses will be the CEOs of seven of America’s largest brand name drug companies.

Drug prices are at historic highs and drug price increases are happening every six months in many cases, with each increase often at twice or three times the rate of inflation or more — in the case of certain drugs, much more....

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