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HHS Drug Importation Plan a “Misguided Attempt to Keep an Ill-Informed Campaign Promise”

“There is simply no way to adopt an importation scheme that doesn’t jeopardize the health and well-being of America’s patients," BIO’s President and CEO Jim Greenwood said.

HHS Drug Importation Plan a “Misguided Attempt to Keep an Ill-Informed Campaign Promise”

Following the introduction of the Trump administration’s drug importation proposal, BIO’s President and CEO Jim Greenwood issued the following statement:

“There is simply no way to adopt an importation scheme that doesn’t jeopardize the health and well-being of America’s patients. That’s been the judgment of past FDA commissioners who served under both Republican and Democratic administrations. Not only will this undermine the safety of our nation’s drug supply, but nonpartisan budget experts have said that the costs of implementing drug importation will largely outweigh any savings the Administration may hope to achieve. This is a misguided attempt to keep a ill-informed campaign promise. The burden is on the leadership of the Department of Health and Human Services to ensure this actually leads to lower costs for consumers—not just for insurance companies and pharmacy benefit managers—and no harm is inflicted on patients and local communities.”