WATCH: The Senate Finance Hearing Moment You May Have Missed
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WASHINGTON, D.C — Drug company executives proved just how out of touch they are with the American public by answering one key question during yesterday’s Senate Finance Committee hearing: What keeps you up at night? Patients For Affordable Drugs released a new digital video today to highlight what should matter to the drug corporations: that patients are dying because they cannot afford medication.
“Drug company executives revealed their driving motivation: new drugs and more profit,” said Ben Wakana, Executive Director of Patients For Affordable Drugs. “But they missed an important reason drug companies exist: to serve patients today. And American patients increasingly can’t afford old or new prescription drugs. That’s why reform is needed.”
TRANSCRIPT:
At a congressional hearing, drug executives were asked:
Sen. Pat Roberts (R-KS): What keeps you up at night?
Sanofi CEO Oliver Brandicourt: It’s to ensure that I have a pipeline of new products.
Not a single CEO worried about reducing drug prices for patients
Nicole Holt-Smith: My son died because he could not afford his insulin.
Merck CEO Kenneth Frazier: The thing that keeps me up at night is that we will not have a viable, predictable market.
Nicole Holt-Smith: Nobody to be there with him, to hold his hand, to call for help.
AstraZeneca CEO Pascal Soriot: To come up with ways to demonstrate the value of our products.
Nicole Holt-Smith: It’s like reality slaps me in my face that my son is no longer here.
Big Pharma should focus on lowering prices, not juicing profits.
Patients For Affordable Drugs is the only independent national patient organization focused exclusively on achieving policy changes to lower the price of prescription drugs.