Peter Welch actually said...

"Pharma has a pretty good arrangement. They have got a guaranteed market. They have got pricing power that is legislative and authorized by the Government."

"The pharmaceutical industry is dead set against governmental action through negotiation. And why wouldn't they be? They have record profits."

"We negotiated with pharma to buy, at a reasonable price, the vaccine and refunded them."

"Pharma is not opposed to governmental action, and it is governmental action that provides them with patent protection and the exclusive right to use the product."