On the recordMay 23, 2002
I find it most outrageous that these are American made drugs, the exact same drugs. We took a group of breast cancer patients using tamoxifen, at $136 a month in Michigan, 5 minutes across the border for the same drug sold for $15. I am told the companies make a modest profit on the $15. There is something wrong, something desperately wrong. I support underwriting basic research. I support the ability to create patents so companies do not have to have competition for their name brands for 15 or 20 years, so they can recover their costs and all the other things we do to help create these wonderful lifesaving drugs. What do we get for it? The highest prices in the world. It is simply not good enough.
Source
govinfo.gov




