THE HIGH COST OF PRESCRIPTION DRUGS AND THE IMPORTANCE OF GENERIC
MEDICINES -- HON. THOMAS H. ALLEN (Extensions of Remarks - September 25,
2000)
[Page: E1581]
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HON. THOMAS H. ALLEN
OF MAINE
IN THE HOUSE OF REPRESENTATIVES
Monday, September 25, 2000
- Mr. ALLEN. Mr. Speaker, I rise to speak about the importance of generic
drugs and competition in the pharmaceutical market. This year, as in the past,
brand drug manufacturers are asking Congress to support legislation that will
extend patents on their most profitable medicines. The most profitable
industry in the world is asking Congress for permission to continue gouging
consumers, especially seniors and the uninsured.
- The most notable bills now before us are S. 1172 and H.R. 1598, commonly
known as the ``Claritin'' bills. Claritin's manufacturer, Schering-Plough is
pushing these bills to protect its popular allergy drug, Claritin, and six
drugs commonly used by seniors from less costly generic competitors.
- Researchers at the University of Minnesota School of Pharmacy estimate
high consumer costs if the Claritin bills pass. Americans may be forced to pay
an additional $11 billion for this medicine over the life of the patent
extension because more affordable alternatives will be barred from the market.
That is an enormous burden to place on consumers, seniors and taxpayers,
especially at a time when health costs are escalating.
- Fortunately, the Claritin bills are stalled. Unfortunately we expect
Schering-Plough and other brand companies to continue to push patent extension
bills in years to come, because patents are scheduled to expire on tens of
billions of dollars worth of drugs.
- For the sake of 15 million seniors who lack adequate prescription drug
coverage, we must stop all patent extensions whether they are offered
directly, or are couched in supposedly consumer friendly language. Consumer
and senior groups throughout the nation oppose these bills. We must too.
END