Oregon Governor Signs Bill To Rein In Prescription Drug Prices [View all]

[TexasTowelie]

Oregon Gov. Kate Brown signed a bill Tuesday to rein in prescription drug prices.

Under Oregon’s new law, drug manufacturers who increase the price of a prescription drug by 10 percent or more must inform the state of its research and development costs, along with its marketing costs, profits and the cost of the drug overseas.

“Every Oregonian should be able to access the medications and treatments that allow them to live healthy, productive lives,” Brown said.

“This bill brings greater transparency around drug pricing, an important step toward making life saving and essential drugs more available and affordable.”

Read more: http://kuow.org/post/oregon-governor-signs-bill-rein-prescription-drug-prices