{"database": "press", "table": "releases", "rows": [["https://www.sanders.senate.gov/newsroom/press-releases/senate-panel-probes-exorbitant-prices-for-hepatitis-c-drugs", "Senate Panel Probes Exorbitant Prices for Hepatitis C Drugs", "2014-12-03", "2014", "2014-12", "Independent", "House", "VT", "Bernard Sanders", "S000033", "www.sanders.senate.gov", null, null, "legacy", "Senate Panel Probes Exorbitant Prices for Hepatitis C Drugs\n\t\t\t\n\t\t\n\t\t\n\t\t\tWednesday, December 3, 2014\n\t\t\n\t\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\tWASHINGTON, Dec. 3 \u2013 The Senate Veterans\u2019 Affairs Committee held a hearing today on exorbitant\u00a0 prices charged by drugmakers for new treatments for hepatitis C, a liver disease that claims about 15,000 lives a year in the United States.\r\nGilead, the leading manufacturer of the drugs, refused to testify at the hearing about the $84,000 it charges for a 12-week regimen of Sovaldi and the $94,500 price tag for a newer drug, Harvoni. The price per pill is about $1,000 for Sovaldi $1,125 for Harvoni.\r\nEven with bulk-purchase discounts, the Department of Veterans Affairs spent $370 million in the past year on new treatments. Outlays are projected to soar by an additional $1.3 billion for the next two years.\r\n\u201cWhat we are looking at is a very excessive profit,\u201d said Sen. Bernie Sanders (I-Vt.), the committee chairman. He called it \u201cdeplorable\u201d and a \u201cmoral issue\u201d that the life-saving drug may have to be rationed because the price makes it unaffordable for all who need it.\r\nThe treatment cost is especially significant to the VA because the disease affects veterans \u2013 particularly Vietnam-era veterans \u2013 at a rate higher than the general population. Approximately 174,000 veterans currently enrolled in VA have been diagnosed with hepatitis C.\r\nSovaldi is on pace to become the highest grossing drug in history. Approved by the Food and Drug Administration late in 2013, sales totaled $2.27 billion in the first quarter of 2014 and $3.48 billion in the second quarter. Gilead bought the rights to market the drug from another company, which had planned to charge less than half as much for the medication. \u201cDid Gilead purchase the company knowing it could more than double the price and pay for its investment in one year?\u201d asked John Rother of the National Coalition on Health Care.\u00a0\r\nRobert Weissman, president of the consumer rights group Public Citizen, testified that Gilead is making $200 million a week on Sovaldi. He said treatments are useful only if they are accessible. \u201cWe\u2019ve now reached a point where treatments will increasingly be restricted and rationed because brand-name drug companies have used monopolies to price them out of reach.\u201d\r\nThe introduction of the costly but effective treatments \u201cholds the promise of eradicating this disease in infected veterans,\u201d according to Michael Valentino, a pharmacist who is the VA\u2019s chief Pharmacy Benefits Management consultant. But he told the committee that the cost of the new therapies \u201cremains a major challenge.\u201d", 1, "2026-03-30T12:14:52Z", "2026-03-30T12:14:52Z"]], "columns": ["url", "title", "date", "year", "month", "party", "chamber", "state", "member_name", "bioguide_id", "domain", "scraper", "source", "date_source", "text", "has_text", "collected_at", "updated_at"], "primary_keys": ["url"], "primary_key_values": ["https://www.sanders.senate.gov/newsroom/press-releases/senate-panel-probes-exorbitant-prices-for-hepatitis-c-drugs"], "units": {}, "query_ms": 1.5879319980740547, "source": "dwillis/congress-press", "source_url": "https://github.com/dwillis/congress-press", "license": "MIT", "license_url": "https://github.com/dwillis/congress-press/blob/main/LICENSE"}