NEWS: Sanders Urges Biden Administration to Act to Lower Price of Alzheimer's Treatment

Press Release

Date: June 7, 2023
Location: Washington, D.C.

"Alzheimer's is a horrible disease. We must do everything possible to find a cure for the millions of people who suffer from it. But we cannot allow pharmaceutical companies to bankrupt Medicare and our federal government in the process. If we are serious about reducing the national debt, we must substantially lower the price that Medicare pays for prescription drugs like Leqembi.

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If Biogen and Eisai refuse to lower the price of this drug, HHS has the authority (under 28 U.S.C. Section 1498) to break the patent monopoly on Leqembi. Further, HHS can direct the Center for Medicare and Medicaid Innovation to launch a new demonstration project that would limit payment for Leqembi to reflect the drug's actual benefit."


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