The Generic Drug Market

Floor Speech

Date: Sept. 25, 2015
Location: Washington, DC

Mr. AUSTIN SCOTT of Georgia. Mr. Speaker, we all saw this past week as the press reported on a drug that was raised from $13.50 a tablet to $750 a tablet. If you spend about 60 seconds with a physician or a pharmacist, you will find this has been going on for a couple of years now.

Very common drugs, Narcan, that our first responders use, and digoxin and nitroglycerin that our heart patients use, nitroglycerin has gone from 8 cents a tablet to $8 a tablet over the last couple of years. The same thing has happened with doxycycline, a generic antibiotic that has been on the market for years.

Mr. Speaker, I just want to ask the FDA and the Federal Trade Commission to work together to help stop this fleecing of America and what is happening in the generic drug market.


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