Democrats, Sanders back massive pharma overhaul in 'landmark' pricing legislation

Fierce Pharma ------ In the wake of the Republicans' failure to repeal and replace the Affordable Care Act last week, Democrats are stepping in with some proposals of their own. A lot of proposals, in fact, in a "landmark" drug pricing bill that would dramatically reshape the industry. Led by Sen. Al Franken, a coalition of Democrats and independent Sen. Bernie Sanders are backing a full menu of proposals aimed at reining in drug prices and making meds more affordable for patients. The legislation, in fact, includes many, if not most, of the cost-saving ideas that have been floating around Capitol Hill in recent months—and years. But the bill is so big and transformative that it will run into industry pushback, and in the environment on the Hill today, Democrats will have a tough time gaining support from across the aisle. To learn more click on the picture below to read the article.