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Drug Pricing Hearing In Senate Postponed, Handing Innovators Another Victory

 
• By Michael Cipriano

First hearing in Sen. Alexander's committee was dominated by Democrat complaints about Obamacare repeal; now that there's an actual bill to criticize, the next one might have been even worse, but regardless of the reason, the postponement means innovator prices get to stay out of the spotlight once again.

Capitol House

The second of three hearings on drug pricing planned by the Senate Committee on Health, Education, Labor and Pensions will not happen in July as expected, leaving brand drugmakers with another win on the hotly debated topic.

A spokesman for Senate HELP Committee Chairman Sen. Lamar Alexander confirmed to the Pink Sheet that the senator will delay the hearing, following the politically charged atmosphere of the first hearing on the topic. Democrats used the hearing as a platform to complain about the Senate Republican closed-door process for developing healthcare legislation, and stayed away from in-depth discussions about Rx pricing

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