Washington, Aug. 13 -- Representative Val Hoyle issued the following press release:
Today, Representatives Val Hoyle (OR-04) and Lloyd Doggett (TX-37) reintroduced the Affordable Pricing for Taxpayer-Funded Prescription Drugs Act to lower the cost of prescription drugs for Americans. Building on the progress made in the Inflation Reduction Act, this bill would ensure Americans can finally afford lifesaving medicines by requiring affordable pricing agreements for any drug developed using federal funds.
"Americans are struggling to afford essentials like gas, groceries and prescription drugs. In fact, drug prices in this country are 2.78 times higher than other developed countries," said Rep. Hoyle. "It's unacceptable that American taxpayer...