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Pharmaceutical Supply and Payment Chain Coalition Statement on the Administration’s Executive Order to Strengthen Supply Chains

April 19, 2021

(Washington, D.C.) — The Pharmaceutical Supply and Payment Chain Coalition issued the following statement in response to the Administration’s February 24, 2021, Executive Order on America’s Supply Chains. “As representative organizations of America’s pharmaceutical supply and payment chain, including prescription and over-the-counter

Brand Drug Manufacturers’ Anti-Competitive Behavior: Patent Thicket

May 11, 2021

Brand drug manufacturers use a variety of strategies to extend the exclusivity of their drugs beyond the end of their original 20-year exclusivity period. They use “patent thickets” as an extension tool by filing multiple additional patents on the same

Correcting the Record: Pharmacy Benefit Companies Support and Promote Generics and Biosimilars

September 25, 2023

Pharmacy benefit companies actively promote the use of generics and biosimilars. Take a look at the data on drug utilization: 90 percent of prescriptions dispensed are generics or biosimilars. During last week’s hearing in the House Oversight Committee, Dr. Rena

Rebates Secured by Pharmacy Benefit Companies Result in Savings for Patients and Employers — and Have No Correlation to High Drug Prices

May 25, 2023

Pharmacy benefit companies push big drug companies for price concessions through rebates. 99.6 percent of rebates get passed directly to Medicare Part D plans, and 91 percent to other health plan sponsors, like employers and unions, who use those savings

PCMA Response to FDA Commissioner’s Comments on Brand Drugmaker Pricing & Rebates

May 3, 2018

(Washington, D.C.) — The Pharmaceutical Care Management Association (PCMA) released the following statement today following remarks by Food and Drug Administration Commissioner Scott Gottlieb: “Manufacturers have chosen to negotiate price concessions with pharmacy benefit managers (PBMs) using rebates, which are

Economists Ike Brannon and Anthony Lo Sasso: The Real Challenge Facing Independent Pharmacies

April 16, 2024

As independent pharmacies conduct a “Fly-In” in Washington D.C this week, they will undoubtedly double-down on support for policies targeting pharmacy benefit companies that would have profound negative consequences for employers, taxpayers, and patients. It’s important for lawmakers to consider

Expert Witness and Lawmakers Highlight Root Cause of High Rx Costs – Big Drug Companies’ Anti-Competitive Tactics

May 22, 2023

Last week, the U.S. House Ways and Means Committee Health Subcommittee held a hearing on “Why Health Care is Unaffordable: Anticompetitive and Consolidated Markets.” During the hearing, Congressman Kevin Hern (R-OK) shared that, as a former business owner, he was

Experts Underscore the Root Cause of High Prescription Drug Prices – Big Pharma’s Anti-Competitive Tactics

August 25, 2023

With so many important issues being debated today, there are few topics that health care, legal, and economic experts agree on. But the fact that drug companies are the root cause of high prescription drug prices is one common denominator

New PCMA Rx Research Corner Blog: The PBM Marketplace is More Competitive, Not Less

May 8, 2023

This week, the U.S. Senate Health, Education, Labor & Pensions (HELP) Committee considers legislation that would lower choice in the market by creating a one-size-fits all pharmacy benefit contracting model for health plans and employers. As Congress considers mandating contracting

RealClearMarkets Op-Ed: “Attacks On Pharmacy Benefit Managers Won’t Reduce Drug Prices”

April 10, 2024

As Congress returns to Washington, Ike Brannon, senior fellow at the Jack Kemp Foundation, explains how state and federal efforts to undermine the role of pharmacy benefit managers (PBMs) would do nothing to reduce drug costs in a new op-ed

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