Bernie Sanders thinks the federal government needs a better ROI on its drug R&D
As the US federal government doles out $54 billion annually to support medical research, the government needs to do more to ensure that the projects its funds and the medicines it helps develop are sold at affordable prices, Sen. Bernie Sanders (I-VT), chairman of the powerful Senate HELP Committee, said in a new report.
The release of the report yesterday coincides with Sanders’ announcement that he will oppose Monica Bertagnolli, President Joe Biden’s NIH nominee, until Biden can come up with a wider, more affordable drug pricing plan. But the critique rings somewhat hollow as Biden is the first and only president to sign a law allowing Medicare to begin drug price negotiations — after more than a decade of effort in that space from Democrats.
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