We will have taken four huge pharmaceutical companies, and now we will have one. The net result is they will have greater control over markets and products, and we will see even higher prices. They have made a bad situation worse. Mr. Speaker, let me just talk about these letters. This is a threatening letter. They have sent literally thousands, I have heard estimates as high as 300,000 of these letters have gone to seniors who are threatening them through their own FDA because they tried to save a few bucks by going to Canada or Mexico or Europe to buy prescription drugs.
Gilbert Gutknecht: “We will have taken four huge pharmaceutical companies, and now we will have one. The net result is they will have…”
Editor's note · Context
Discussing the impact of pharmaceutical company consolidation and its effects on drug prices and seniors.
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