.@SecAzar: All of the players in our #drugpricing system have let down patients.
#drugprices #pharma
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@SecAzar: I've been a drug company executive. I know the tired talking points. I'm not interested in hearing those talking points anymore & neither is Trump.#drugprices#pharma$LLYShow this thread -
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@SecAzar:#pharma spends $$ to try to figure out what Trump & I are thinking. I'm going to save#pharma some money, so pay attention#drugprices#drugpricing#MedicareShow this thread -
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@SecAzar: We will be giving Medicare Part D negotiating power private sector already has [um, but still not direct negotiating w/#pharma].#drugprices#drugpricingShow this thread -
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@SecAzar: You've probably heard direct negotiating will save money. This just isn't true. You don't have to take my word for it. CBO found that the idea of direct negotiation would provide no savings.#drugprices#drugpricing#pharmaShow this thread -
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@SecAzar: In#Medicare Part B, as soon as a drug is approved, it's covered. And we pay it.#drugprices#drugpricingShow this thread -
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@SecAzar: It can often be more appealing for drug to go into Part B than Part D. Right now in Part B, get to set any price, immediately covered by Medicare & no negotiating#drugprices#drugpricingShow this thread -
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@SecAzar: The president is following through on his promise [Um, no, he isn't]#Medicare#drugprices#drugpricingShow this thread -
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@SecAzar notes @SGottliebFDA is going to stop the gaming of the system, like abuse of REMS#FDA is going to be publicly identifying#pharma suspected of engaging in these practices [um, Gottlieb said before FDA would not use shaming tactics]#drugprices#drugpricingShow this thread -
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@SecAzar: Canada simply doesn't have enough drugs to sell them to us. Plus,#FDA commissioners said there's no way to assure safety. US has the safest reg system in the world. Last thing we need is open borders#drugprices#drugpricing#pharmaShow this thread -
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@SecAzar says gag clauses must end#drugprices#drugpricing#pharmaShow this thread -
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@SecAzar: The entire rebates need to be re-examined.#pharma#drugprices#PBMsShow this thread -
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@SecAzar: The entire rebates need to be re-examined.#pharma#drugprices#PBMsShow this thread -
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@SecAzar: Today I'm calling on#pharma to level w/ American public. Should know which drug cos are gouging consumers#drugprices#drugpricng#pharmaShow this thread -
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@SecAzar threatens that Trump going to take an interest in#pharma that are raising their prices. [Um, watch out for those tweets!] But he'll also express interest in those that lower#drugpricing#drugpricesShow this thread -
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@SecAzar: If#pharma not willing to lower prices, Trump will keep turning up the pressure#drugprices#drugpricing#pharmaShow this thread -
ICYMI: Trump targets PBMs, TV ads, foreign 'freeloaders' in drug price strategy https://platform.mi.spglobal.com/web/client?auth=inherit#news/article?id=44571204&cdid=A-44571204-13615 … … Trump vows to take more than 50 actions to lower US drug prices https://platform.mi.spglobal.com/web/client?auth=inherit#news/article?id=44571542&cdid=A-44571542-12590 … …
#drugprices#drugpricing#AmericanPatientsFirst#FDA#HHS#PBMs#biosimilarsShow this thread -
At pen & pad, .
@SecAzar says the pen has a lot of power at#HHS. Secretary invested with incredible authority to regulate, modify programs, do demonstrations/experiment. We intend to use power of the pen rather than sitting back & waiting for Congress.#drugprices#drugpricingShow this thread -
.@SGottliebFDA says
#FDA will launch a website to disclose/identify#pharma abusing REMS to prevent generics. Will post letters public for the first time, potentially as early as this week#drugprices#drugpricing#genericsShow this thread -
.@SGottliebFDA adds that
#FDA also plans incremental reforms how we look at#biosimilars Also plan new guidances to address REMS abuses. FDA also will give waivers to generics on REMS; let them "go their own way. expect down on REMS abuses.#drugprices#drugpricing#pharmaShow this thread -
Per the public shaming of
#pharma abusing REMS, .@SGottliebFDA says expect the website w/ REMS letters as soon as Thursday this week. He argues it's providing transparency, &, yeah, it may serve as a deterrent.#drugprices#drugpricing#FDAShow this thread -
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@SeemaCMS adds to expect#CMS#drugpricing dashboard release tomorrow [May 15]#drugprices#pharma#biotechShow this thread -
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@SecAzar: It is a very perverse incentive structure where#PBM can benefit from higher list prices where they are negotiating rebates. You get the chase.#drugprices#drugpricing#pharma#biotech#PBMsShow this thread
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