[Congressional Record Volume 170, Number 20 (Monday, February 5, 2024)]
[House]
[Page H395]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1415
REIN IN BIG PHARMA
(Mr. KHANNA asked and was given permission to address the House for 1
minute.)
Mr. KHANNA. Mr. Speaker, for patients with leukemia, doctors often
prescribe Imbruvica. In 2021, Johnson & Johnson and AbbVie sold it for
a combined $10 billion.
Keytruda, a drug prescribed to cancer patients, netted Merck $20
billion; and Humira, a prescription drug for arthritis, allowed AbbVie
to rake in $21 billion. This needs to stop.
Big Pharma is putting profits over people. They have three lobbyists
for every one Member of Congress and have spent $370 million on
lobbying while making excessive profits on the backs of cancer
families.
That is why Senator Sanders and I have a bill to rein in prescription
drug costs, and that is why I said let's ban PAC and lobbyist money.
Americans shouldn't pay more for their drugs than the average price
people in other countries are paying.
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