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Letter: We need to get the facts straight on patents and medicines

Reid Porter, senior director of state public affairs for PhRMA, responds to a recent letter from Rep. Matt Ruby about prescription drug pricing. ....

Matt Ruby , Association For Accessible Medicines , Accessible Medicines , Fargo Forum , Letter To The Editor ,

FOXNEWS FOX and Friends June 4, 2024 12:46:00

Have also seen issues with pharmacy benefit manager and what they are doing with some of the authorized generics of these brands that are less expensive. that s really another underlying reason that drug prices are where they re and prices are high pharmacy benefit managers and they think a lot of viewers may not know who those are the middleman between your pharmacy and your doctor s office and your employer. that are making the decisions in the back end. they touch almost 90% of prescription claims in the united states of america. there are three of them that are all so there is three of them that touch almost 90%. all three are fortune 15 companies. throw of the largest most powerful companies in the united states. and they are really a driver behind a lot of the prices we see as well in the industry. lawrence: real quickly, bret, any tips for folks? people are already getting hit in every other sector as i was talking about earlier anything recommendations for getting the ....

Pharmacy Benefit Manager , U S , Back End , Benefit Managers , Bret Parker ,