the outrageous cost of prescription drugs in America means that one out of four of our people go to the doctor, get a prescription, and they cannot afford to fill that prescription.

I have long said to the Chair that I am very concerned about PBMs because we might fight with you about whether you are researching enough or should your research be more than your stock buybacks.

The U.S. Government does not regulate drug companies. With very few exceptions, the drug companies regulate the U.S. Government.

Thank you for holding this important and timely hearing and offer our appreciation for lifting up the reality of high drug costs in the United States.

Adam Smith hated monopolies. It was the No. 1 thing he hated the most, monopolies.

the cost of prescription drugs in this country is putting an enormous burden on taxpayers and seniors by raising the cost of Medicare and Medicaid.

Over the past 25 years, the pharmaceutical industry... spent over $8.5 billion on lobbying and more than $745 million on campaign contributions.

Let's be clear, Johnson & Johnson, Merck, and Bristol-Myers Squibb are not just charging higher prices in the United States compared to other countries.

The overwhelming beneficiary of these high drug prices is the pharmaceutical industry.

82 percent of Americans say the cost of prescription drugs is too high and 73 percent say that the Government is not doing enough to regulate drug prices.

Americans are forced to pay higher and higher prices for the drugs they need to survive.

I am especially impressed by the Pfizer drug company--Pfizer is not here this morning contributing $1 million to the Republican Party in Kentucky.