Pharma CEOs Face Scrutiny Over Drug Prices in Senate Hearing

Pharma CEOs Face Scrutiny Over Drug Prices in Senate Hearing
Senate Health, Education, Labor & Pensions Committee Chairman Bernie Sanders (I-Vt.) in Washington on April 20, 2023. Chip Somodevilla/Getty Images
Savannah Hulsey Pointer
Updated:
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A Senate committee hearing on the price of prescription drugs turned into a disagreement on the value of capitalism in the field of medicine and drug development.

Drug company CEOs were in the hot seat during the Feb. 8 hearing, as Sen. Bernie Sanders (I-Vt.) attempted to pin down the reason for high drug costs and obtain commitments to lower the cost of the medications.