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LEGISLATIVE UPDATE: Bill taking aim at anti-competitive pharmaceutical pricing passes Oregon Senate

Oregon Senate (Amanda Loman/Salem Reporter) Aug. 10, 2020

The Oregon Senate passed a bill on Thursday intended to stop an anti-competitive practice used by pharmaceutical companies.

THE ISSUE: Prescription drugs are increasingly unaffordable. 

THE BILL: Senate Bill 764

WHAT IT DOES: Allows the Oregon attorney general to take action against pharmaceutical companies that use agreements to stifle competition. 

WHY IT WAS PROPOSED: According to state Sen. Deb Patterson, D-Salem, pharmaceutical companies take legal action against competitors who may be developing a generic version of a drug. As part of the settlement agreement, the pharmaceutical company pays its competitor not to develop the generic version of the drug.

HOW THE MARION/POLK DELEGATION VOTED:

Sen. Brian Boquist, I-Dallas: No

Sen. Peter Courtney, D-Salem: Yes

Sen. Fred Girod, R-Lyons: No

Sen. Deb Patterson, D-Salem: Yes 

Sen. Kim Thatcher, R-Keizer: No

WHAT HAPPENS NEXT: It heads to the House for consideration. 

-Jake Thomas