Henry Waxman actually said...

"The foundation laid by the Hatch-Waxman Act thirty years ago will continue to be the mechanism by which the government incentivizes development of lifesaving drugs"

"We cannot legislate scientific advances. In some areas, the lack of new treatments is attributable to a lack of scientific knowledge, not the lack of incentives."

"the incentives are clearly not there to drive the innovation we need for many of the conditions."

"This MODDERN Cures proposal, the sponsors point out it is only for therapies that address an unmet medical need for serious or life-threatening diseases."