Bernie Sanders invites CEOs of J&J, Merck, Bristol Myers to testify on drug pricing
Senate Health Committee Chair Bernie Sanders (I-VT) and fellow Democrats on Tuesday announced that the CEOs of Johnson & Johnson, Merck and Bristol Myers Squibb have been asked to testify about why the US pays the highest prices in the world for prescription drugs.
The senators will hold the hearing on Jan. 25 and focus their questions on why drug companies rack up billions in profits and pay executives “exorbitant” compensation packages, while as many as one out of every four Americans cannot afford their prescription drugs, Sanders said.
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