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THE MIDDLEMEN: The Opaque Industry Secretly Inflating Prices for Prescription DrugsPharmacy benefit managers are driving up drug costs for millions of people, employers and the government.
By Rebecca Robbins and Reed Abelson This is the first article in a series about how pharmacy benefit managers prioritize their interests, often at the expense of patients, employers and taxpayers. Americans are paying too much for prescription drugs. It is a common, longstanding complaint. And the culprits seem obvious: Drug companies. Insurers.
Senate Judiciary Committee Hearing: Ensuring Affordable & Accessible Medications: Examining Competition in the Prescription Drug Market
Thank you, Chair Durbin, Ranking Member Graham, and members of the Senate Judiciary Committee, for holding this important hearing today. We appreciate the Committee’s leadership in exploring opportunities to ensure affordable and accessible medications. We share the perspective raised by several witnesses that a healthy prescription drug market rests on
STATEMENT in Recognition of World IP Day
April 26, 2024 The Pharmaceutical Industry Labor-Management Association (PILMA) is proud to join stakeholders from across the biopharmaceutical and labor communities in recognizing World Intellectual Property Day. Today is an opportunity to reflect on the pivotal role of intellectual property (IP) rights in not only powering innovation and the development
COMMENT to National Institute of Standards and Technology on the Negative Implications of March-in Rights
On February 6, 2024 PILMA submitted the following comment on the Negative Implicants of March-in Rights. PILMA writes to express concern over the administration’s intention to use the Bayh-Dole Act to seize drug patents. PILMA is a coalition between unions in the building and construction trades and biopharmaceutical companies dedicated
