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Big Pharma is suing for the right to keep price-gouging seniors

Last year, I was proud to secure a big win in the Inflation Reduction Act: the ability for Medicare to negotiate directly with drug companies to ensure that seniors with Medicare get the best possible deal for their prescription medications.

That's a policy change I've been fighting for for years while using my power on the Senate Finance Committee to spotlight Big Pharma's ongoing price-gouging and its impact on seniors.

And it should come as no surprise when I tell you that Big Pharma isn't happy about it.

Just days ago, a pharmaceutical company announced that it's suing the federal government over my new law. In short: Big Pharma is suing for the right to continue price-gouging seniors. This lawsuit is being filed by Merck, the same drug company that charges $189,000 per YEAR for life-saving cancer medicine.

Washington Post Headline: Merck sues over Medicare price negotiations

While Big Pharma raked in record profits last year, it continues to mug seniors at the pharmacy counter. I'll fight every step of the way to stop this trumped-up lawsuit. It's nothing but a desperate attempt to keep on gouging our seniors with sky-high prices.

The American people are sick and tired of getting ripped off at the pharmacy. Giving Medicare the ability to negotiate drug prices was just the beginning. I won't back down until everyone can afford the medicine they need.

More soon,

Ron

Posted on June 21, 2023.

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