PILMA Letter on Senate HELP Drug Pricing Hearing

April 16, 2026

The Honorable Bill Cassidy, M.D.

Chairman

Committee on Health, Education, Labor, and Pensions

United States Senate

428 Dirksen Senate Office Building

Washington, DC 20510

The Honorable Bernie Sanders

Ranking Member

Committee on Health, Education, Labor, and Pensions

United States Senate

428 Dirksen Senate Office Building

Washington, DC 20510

Re: Full Committee Hearing – “Making Medicines More Affordable: How Competition

Can Lower Drug Prices”

Dear Chairman Cassidy and Ranking Member Sanders,

On behalf of the Pharmaceutical Industry Labor-Management Association (PILMA), I

write to express our strong support for today’s hearing and the Committee’s

commitment to making prescription drugs more affordable for American families.

PILMA represents a unique partnership between America’s leading biopharmaceutical

companies and the union workers who build and maintain their world-class research

and manufacturing facilities.

Since January 2025, pharmaceutical companies have committed to investing nearly

$600 billion in the United States – a historic surge of investment that will create

thousands of jobs, including construction and maintenance jobs for union pipefitters,

electricians, ironworkers, and other skilled trades workers who will build, maintain, and

renovate the facilities where live-saving innovation happens.

As the Committee advances solutions to reduce costs for patients, we urge a careful

approach that preserves the innovation and domestic investment underpinning both

improved health outcomes and job creation. Policies such as price controls on

prescription drugs risk weakening the research and development pipeline that produces

medical breakthroughs, as well as the capital investments that support high-quality

American jobs.At the same time, we encourage the Committee to increase its scrutiny of the supply

chain intermediaries such as vertically integrated insurance corporations and their

affiliated pharmacy benefit managers — whose opaque business practices too often

intercept savings before they reach patients at the pharmacy counter. True affordability

reform must follow the dollar from manufacturer to patient and ensure that every link in

the chain is operating transparently and in patients’ best interests.

PILMA stands ready to be a constructive partner in this work. Our membership brings

together the perspectives of both industry and labor, and we welcome the opportunity to

contribute to solutions that serve patients, workers, and the broader American economy.

We look forward to the dialogue tomorrow’s hearing will advance.

Thank you for your leadership on this critical issue.

Sincerely,

AJ Stokes

Executive Director

PILMA

READ THE LETTER HERE