01/17/2018
https://www.congress.gov...
"More than three out of four new patent applications for pharmaceuticals are for existing drugs."
"Wow. Well, you know, we must ensure that drug companies do not rely on tricks in order to avoid competition."
"So last year, Congress passed the Inflation Reduction Act, which finally gives HHS the authority to negotiate drug prices for a select number of high-priced brand-name drugs."
"Despite these wins, there is more that we need to do to reduce exorbitant drug prices for all Americans."