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Making The Case For A Legislative Deal On Drug Pricing

 
• By Cathy Kelly

Drawing on 24 years as a legislator and another 16 years as a leading lobbyist for biopharma, Jim Greenwood sees an opportunity for industry to put drug pricing ‘behind us’ with a legislative compromise.

Jim Greenwood has a good feeling about door number two.

Inveterate deal-maker and former six-term congressman Jim Greenwood believes the biopharma industry should engage on drug pricing legislation with the newly Democratic-controlled US Congress and President-elect Joe Biden and perhaps concede to price inflation rebates in Medicare to avoid worse policies like international reference pricing.

Greenwood, who spent the last 15 years as president and CEO of the Biotechnology Innovation Organization, is now senior policy...

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