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Invitation Accepted: Biopharma Leaders Will Testify At Senate Hearing On Pricing

 
• By Cathy Kelly

In addition to fielding tough questions about pricing practices at the session, executives may announce new voluntary efforts to lower drug costs and will offer their own ideas for legislation.

WASHINGTON - JULY 18: A sign at the entrance to a Senate Finance Committee hearing room in Washington, DC on July 18, 2017. The United States Senate is the upper chamber of the United States Congress.

Bowing to public pressure, top executives at seven major biopharma companies have agreed to testify at the Senate Finance Committee’s hearing on prescription drug pricing Feb. 26.

Pfizer Inc. CEO Albert Bourla, AstraZeneca PLC CEO Pascal Soriot, Sanofi CEO Olivier Brandicourt, Johnson & Johnson Executive VP Worldwide Pharmaceuticals Chair Jennifer Taubert, Bristol-Myers Squibb Co. Chairman and CEO Giovani Caforio, Merck & Co. Inc

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