Let's just be clear, everybody on this panel cares about the high cost of prescription drugs and wants to work on real solutions to address this.

We support legislation in order to be able to do value based contracts in the case of gene therapy.

Now, the affordability though, we are defining affordability for the patient. So, if Medicaid covers it, it is by definition affordable for the patient, or if the insurance does.

Have you had a chance to evaluate the bill that is working its way through Judiciary Committee?

without the profit incentive, you will not get the innovation.

I have been concerned that we don't really know how we are going to price those.

We support legislation in order to be able to do value based contracts in the case of gene therapy.

whenever you decrease profits, you get less innovation.

somebody is paying. Yes, insurance is making it more affordable. Medicaid is making it more affordable. Medicare is making it more affordable.

I have been concerned that we don't really know how we are going to price those.

Now, the affordability though, we are defining affordability for the patient. So, if Medicaid covers it, it is by definition affordable for the patient, or if the insurance does.

clearly, patents are part of the free market system, is the way that you protect intellectual property, and you incent creativity.

Let's just be clear, everybody on this panel cares about the high cost of prescription drugs and wants to work on real solutions to address this.

We support legislation in order to be able to do value based contracts in the case of gene therapy.

Very concisely, how are we going to show restraint on the price of some of these new gene therapies?

It is kind of following a formula. Republicans--we publicly attack private--I don't but others, publicly attack private citizens for being successful under capitalism.

I think I recall a couple of years ago there was a study that was shown, respected, and you probably know it better than I, that $2 million for gene therapy for ultra-rare diseases was a reasonable sort of--it would cover the cost.

The people of Kansas sent me here to save Medicare.