Senators from both parties express support for patent reform to lower drug costs

Published May 21, 2024 1:11pm ET



Republicans and Democrats in the Senate Judiciary Committee on Tuesday demonstrated bipartisan support for reforming the patent system in order to lower the price of prescription drugs. 

Chairman of the Judiciary Committee Dick Durbin (D-IL) arranged the hearing to address the loopholes in the patent system that are allegedly manipulated by pharmaceutical companies to extend patent terms.

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