Political Quotes

On the recordDecember 6, 2016
I agree with the last statement the Senator from Missouri made. Let me give another reason why I am opposed to this bill. Incredibly, this legislation makes it easier for prescription drug companies to get away with fraud. Fraud is something the major drug companies have been perpetuating on the American people for a number of years. It is not widely known, but it should be known that since 1991, drug companies have paid over $35 billion in fines or resettlements for fraud and misconduct--$35 billion--but instead of cracking down on pharmaceutical company fraud, this bill actually legalizes the fraudulent behavior of some of the big drug companies. Specifically, under this bill, pharmaceutical companies would be allowed to promote unapproved uses of drugs to insurance companies--a practice which is currently illegal. Why would we allow the pharmaceutical industry the opportunity to market drugs to insurance companies for uses that haven't been approved by the FDA? This is a major problem. Let me give a few examples. In 2013, the Justice Department ordered Johnson & Johnson, one of the major pharmaceutical companies in the country, to pay $2.2 billion in fines for ``recklessly promoting drugs for uses that have not been proven to be safe and effective.'' According to the U.S.…
Said by
Bernie Sanders
Independent · Vermont
Source
govinfo.gov
Dec 6, 2016

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