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Democrats' Drug Price Control Scheme

Democrats’ price-fixing scheme will kill up to 342 cures over the next two decades, according to a study done by the University of Chicago.

If the Democrats’ price control system had been in place last decade, only six of 110 currently approved therapies would have made it to patients.

Although the Biden Administration has asserted that working towards ending cancer is a priority, Democrats’ proposal surrenders in the fight against cancer and will lead to more cancer deaths by killing investment into development of lower-cost cancer treatments.

Analysis: Americans Don’t Support Surrendering Innovation for Democrats’ Drug Price Controls

August 04, 2022 — 'Inflation Reduction Act'

Democrats are selling their socialist drug pricing scheme as a way to lower prices, but Americans oppose it once they learn that this kills cures and life-improving treatments. What they aren’t telling you is this: Their drug price control scheme will kill innovation, mean fewer new treatments and cures, and a loss of jobs in the biopharma industry. Once Americans learn about these ...