We recently reported that Senator Chuck Grassley (R-IW) voiced his vehement support for legalizing drug importation to lower brand name drug prices, in an attempt to bring greater fairness to the market. We’re now pleased to report the first bill of the year calling for the reform of our nation’s current laws that seem to protect the pharmaceutical industry to the detriment of the American consumer.
On January 5th, 2011, Congressman Ron Paul (R-TX) introduced the Prescription Drug Affordability Act, which would amend the Federal Food, Drug and Cosmetic Act. We applaud the bill’s intent because it seeks to do away with unfair trade laws and policies applied to drug pricing by allowing Americans to purchase lower cost prescription drugs safely from other countries without the threat of prosecution. Congressman Paul has introduced similarly named bills in prior years that have not become law. As the need for affordable medication is now greater than ever, H.R. 147 should stand a better chance at becoming law. (more…)Tagged with: Congrassman Ron Paul, Drug Prices, drug re-importation, FDCA, Online Pharmacies, Prescription Drug Affordability Act, prescription drugs, re-importation, Secretary of Health and Human Services, Senator Chuck Grassley