#Greedy #PhRMA sues #California to keep drug price-fixing racket secret

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Two months after Gov. Jerry Brown signed into law what many consider to be the nation’s most comprehensive legislation on transparency in prescription drug prices, the phamaceutical industry on Friday fired back with a lawsuit challenging its constitutionality.

PhRMA — a national trade group that represents 37 drug companies — had furiously tried to defeat the bill, partially out of fear that it could become a national model and the first major step toward price controls.

Assemblymen David Chiu, D-San Francisco, one of the bill’s co-authors along with Sen. Ed Hernandez, D-West Covina, and Jim Wood, D-Healdsburg, wasn’t surprised by the trade group’s move.

“It’s disappointing but not surprising that the industry is continuing to fight transparency for consumers who are suffering from skyrocketing drug costs,’’ Chiu said on Friday. “Patients deserve better.”

East Bay Times

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One comment

  1. Those 3 crack[pot Dem’s are running scams folks.. They ain’t your friend or anybody eleses.. They are getting something for this law.. More detals will be forth coming.. Stay tuned .

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