BioCentury on BioBusiness,
Politics and Policy
Monday, May 10, 1993
Illinois Rep. Richard Durbin in March introduced legislation to create a Drug Price Review Board that would have a mandate to determine whether drug prices were "excessive" and have the power to revoke patents of drug manufacturers who don't comply with findings that prices should be reduced "to a level that is not excessive." BioCentury published the text of the bill, H.R1434, on March 29 (Vol. 1, No. 15) and interviewed the lawmaker on April 5 (Vol. 1, No. 16). Mr. Durbin subsequently has asked to amplify on his positions, and we are happy to provide his
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