05/29/2012
https://www.congress.gov...
"opening statement"
"The U.S. spends more on prescription drugs than any industrialized country, in part because drug prices are higher in the U.S. than in any other country."
"These higher prices in the United States support high-level profits and some research and development costs."
"We pay more, and we pay a lot more, and you're acknowledging that."