April 3 (Reuters) - U.S. President Joe Biden will host a
White House event with U.S. Senator Bernie Sanders on Wednesday
to highlight their efforts to cut the cost of inhalers for
asthma suffers.
Sanders and other lawmakers in January criticized four
manufacturers of inhalers sold in the U.S. - AstraZeneca ( AZN ),
Boehringer, Teva Pharmaceuticals (TEVA.TA), and GSK (GSK.L), -
over prices that were much higher in the U.S. than in other
countries.
The Biden administration has also sought to crack down on
what it calls falsely claimed patents in an effort to increase
competition to lower inhaler costs.
In March, three of the four companies decided to cap
inhaler costs at $35.
Asthma impacts 27 million Americans, including more than
four million children, the White House said in a preview of the
event.
Biden has made lowering healthcare costs a key part of his
2024 re-election campaign.
Biden will also highlight successful efforts included in the
Inflation Reduction Act that placed a $2,000 cap on Medicare
prescription drugs and a separate $35 cap on insulin.
He will also use the event to push to expand the number of
Medicare drugs the federal government can negotiate with
pharmaceutical companies from 10 to 50, the White House said.
Part of 2022's Inflation Reduction Act allows Medicare to
negotiate prices for prescription drugs that had been
particularly expensive for the federal health program that
covers millions of Americans aged 65 and older as well as the
disabled.