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JEC Holds Hearing on Drug Pricing; GPhA Lobbies for Follow-on Biologics Pathway

By Donald Zuhn, Kevin Noonan, Chris Singer, Sherri Oslick, and Jason Derry

By Donald Zuhn -- Last week, Senator Amy Klobuchar (D-MN) (at right) convened a hearing of the Joint Economic Committee (JEC), a bicameral Congressional Committee composed of ten members from both the Senate and the House of Representatives, to examine rising pharmaceutical prices and the impact of such price increases on the pharmaceutical market and patient medical bills. During the hearing, entitled: "At What Cost?: Egregious Price Increases in the Pharmaceutical Drug Industry," the Committee heard statements from Senator Charles E. Schumer (D-NY), Chairman of the JEC, and Senator Klobuchar, as well as testimony from the parent of a young...

Full post as published by Patent Docs on August 01, 2008 (boomark / email).