Senate panel grills pharmaceutical CEOs on drug prices: ‘You bear a measure of responsibility’ ...Middle East

By Jacqueline Howard, CNN (CNN) — US senators and pharmaceutical CEOs faced off in a hearing Thursday about why prescription drugs have higher price tags in the United States than in other nations. The chief executives of three major pharmaceutical companies – Johnson & Johnson, Merck and Bristol Myers Squibb – testified before the Senate Committee on Health, Education, Labor and Pensions, acknowledging that certain medications cost more in the United States but arguing that there are complexities behind the reasons why. “Despite its benefits, we know our American system is far from perfect,” Bristol Myers Squibb CEO Chris Boerner said. “Patients bear the brunt of a complex US system

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