Senators Stabenow, Snowe Introduce Legislation to Lower Prescription Drug Prices
February 22, 2011
FiercePharma
U.S. Senators Debbie Stabenow (D-MI) and Olympia J. Snowe (R-ME) announced today they have introduced legislation to allow the reimportation of safe prescription drugs to lower the cost of medicines for consumers in the United States. The "Pharmaceutical Market Access and Drug Safety Act" is cosponsored by a bipartisan coalition of 19 Senators.
"For years, Michigan families have been forced to pay outrageous costs or cross into Canada to get reasonably priced prescriptions. The fact that the exact same FDA-approved drugs are a fraction of the price in Ontario defies common sense," said Sen. Stabenow. "Our bill allows Michigan pharmacists to do business with Canada and other industrialized nations so they can offer customers the exact same medicines at the best prices. I am pleased to be working with Senator Snowe as we try to secure a bipartisan solution this problem." Read more