Insulin Report Revives Senate Finance Committee Push On Drug Pricing Legislation

Report released as soon-to-be committee chair Ron Wyden, D-OR, assembles plans for drug pricing legislation in the new Democratic-controlled Senate.

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Drug Price Increases In Legislative Spotlight

The Senate Finance Committee’s investigative report on insulin pricing covers familiar ground, given all the attention focused on the issue over the past few years. But its release just ahead of the official shift to Democratic control in the Senate is noteworthy because it marks the beginning of a new chapter in biopharma’s fight against legislative controls on drug pricing that will not include the protection of a Republican majority.

Released 14 January, the report caps a nearly two-year committee investigation into insulin pricing. It details sharp increases in list prices over the past decade, fed by escalating rebate demands from pharmacy benefit managers

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