Senator Bernie Sanders, representing Vermont, and Senator Ed Markey, representing Massachusetts, held a news conference at the Capitol on Thursday, January 25, 2024. They discussed the issuance of subpoenas for pharmaceutical company CEOs to testify about drug prices. The CEOs of Merck and Johnson & Johnson have agreed to testify at an upcoming Senate hearing on high drug prices in the U.S., as part of efforts to reduce health-care costs for Americans. The hearing is scheduled for February 8 at 10 a.m. ET. The Senate Health, Education, Labor and Pensions Committee had planned to vote to subpoena J&J CEO Joaquin Duato and Merck CEO Robert Davis to testify after both executives declined earlier requests to appear at the hearing. Meanwhile, Bristol Myers Squibb CEO Chris Boerner and another unnamed pharmaceutical CEO agreed to initial invitations…
2024-01-26 17:23:53
Article from merck-jj-ceos-agree-to-testify-in-senate-hearing-on-drug-prices-.html” target=”_blank” style=”color:blue” rel=”noopener”>www.cnbc.com