Pharma Catches A Break As Democrats Stumble In Rollout Of Pricing Investigation

House Oversight Committee plans to grill more companies on pricing later this year, but rushed rollout of reports from a long-running investigation, combined with competing higher profile news events, seemed to dampen the blow of the latest drug pricing scrutiny. Democrats failed to offer any new, unified solutions for their grievances with industry, while Republicans largely rushed to pharma’s defense.

Novartis US President Thomas Kendris, Amgen CEO Robert Bradway, and Mallinckrodt CEO Mark Trudeau didn't sit at the witness table but testified remotely during the US House Oversight Committee's second day of hearings on Rx pricing on 1 October 2020. • Source: photo illustration from committee feed and company photos

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