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AHF: Drug Industry Sends its Shills to Senate Hearing on Drug Prices

January 30, 2019

WASHINGTON--(BUSINESS WIRE)--Jan 29, 2019--US Senate Finance Committee Chairman Chuck Grassley (R-IA) convened an historic hearing on drug prices earlier today and he and the committee ranking member, Sen. Ron Wyden (D-OR), opened it by slamming drug industry CEOs for not appearing at this public hearing. They sent their paid lackeys instead.

Pharma CEOs were too cowardly to answer for their greedy conduct. In their place they sent American Action Forum’s President Douglas Holtz-Eakin and Peter Bach, Director of Memorial Sloan Kettering Center for Health Policy and Outcomes. American Action Forum has taken millions from the drug industry. (OpenSecrets.org: Top Donors, 2018 Cycle; Top Donors, 2016 Cycle ).

“Both Holz-Eakin and Bach stated that the 340B drug discount program drives up the cost of drugs, one of the many lies Big Pharma is spreading on Capitol Hill. 340B is a $6 billion program, a tiny sliver of the $457 billion US drug market. Elected officials everywhere are demanding progress on drug prices. They should leave 340B alone. It benefits non-profit clinics and hospitals. It costs taxpayers nothing. Greedy drug companies — through their hired guns like American Action Forum — are the only sector that wants to strangle the program in the name of reform. Congress should leave 340B alone because it’s working,” said John Hassell, National Director of Advocacy for AHF. “Help defend 340B, a vital part of the US health care safety net. Contact your U.S. Senator at (202) 224-3121 with this message: Leave 340B alone!”

AIDS Healthcare Foundation (AHF), the largest global AIDS organization, currently provides medical care and/or services to over one million people in 43 countries worldwide in the US, Africa, Latin America/Caribbean, the Asia/Pacific Region and Eastern Europe. To learn more about AHF, please visit our website: www.aidshealth.org, find us on Facebook: www.facebook.com/aidshealth and follow us on Twitter: @aidshealthcare and Instagram: @aidshealthcare.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190129005974/en/

CONTACT: WASHINGTON

John Hassell, National Director of Advocacy, AHF

+1.202.774.4854 [cell]

John.hassell@aidshealth.orgLOS ANGELES

Ged Kenslea, Senior Director, Communications, AHF

+1.323.791.5526 [cell] +1.323.308.1833 [work]

gedk@aidshealth.orgMarin Austin, Communications Director, AHF

+1.323.333.7754 [cell]

marin.austin@aidshealth.org

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA DISTRICT OF COLUMBIA

INDUSTRY KEYWORD: HEALTH AIDS INFECTIOUS DISEASES PUBLIC POLICY/GOVERNMENT HEALTHCARE REFORM CONGRESSIONAL NEWS/VIEWS PHARMACEUTICAL

SOURCE: AIDS Healthcare Foundation

Copyright Business Wire 2019.

PUB: 01/29/2019 07:24 PM/DISC: 01/29/2019 07:24 PM

http://www.businesswire.com/news/home/20190129005974/en

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