WATCH: The Senate Finance Hearing Moment You May Have Missed
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.”
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.