A lawmaker from Oregon is to thank for the death of a drug pricing bill that would have helped lower the cost of lifesaving drugs. Rep. Kurt Schrader (D) helped kill legislation that would have allowed Medicare, Medicaid and VA to negotiate with pharmaceutical companies on prices as part of Vice President Joe Biden’s infrastructure plan.
The Democratic Presidential candidate was able to squash the legislation with an amendment that said the plan would “not support legislation that relies on compulsory licensing of innovative medicines and vaccines.
” As a result, Biden removed his name from consideration as part of his infrastructure plan. He promised to continue pushing for the legislation through other legislative routes.
“I am grateful to Vice President Biden for including our legislation to address the high cost of prescription drugs as part of his package of proposals aimed at creating jobs and spurring economic growth,” Congressman Schrader said in a statement.
“I am also pleased that he recognized the importance of protecting patents and other incentives for research and development, which is why we included language clarifying that our bill would not support legislation that relied on compulsory licensing of innovative medicines and vaccines.”
What the actual fuck, Kurt Schrader? How is this okay with you? Compulsory licensing, by definition, means taking someone’s patent away. There is no way to do that without negating their patent rights. So how many jobs