House Bill 570 would establish a Prescription Drug Affordability Board, which would be responsible for analyzing the affordability of certain high-priced prescription drugs and then instituting price limits to protect consumers from the highest cost of drugs.
I have seen firsthand how affordable medicine can transform families and communities. I grew up in Richmond, one of four children. My family members and I have experienced many of the health conditions that come from the trauma of racism in this city and nation. My...
Eli Lilly, Sanofi, and Novo Nordisk’s price cuts are expected to benefit many Virginians who need insulin to survive. The companies first announced the moves last year, as a response to an American Rescue Plan provision that threatened to penalize them if they kept prices high.
Under a plan announced Thursday, the government would consider overriding the patent for high-priced drugs that have been developed with the help of taxpayer money and letting competitors make them in hopes of driving down the cost.
