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Ted Slafsky, the executive director of Safety Net Hospitals for Pharmaceutical Access, a nonprofit group, welcomed the action by Congress.
The organization, Safety Net Hospitals for Pharmaceutical Access, warned companies that help the hospitals run their discount programs to avoid using terms like "increasing profits" and "revenue enhancement".
"In actual practice, manufacturers have been able to overcharge covered entities with impunity," said Ted Slafsky, executive director of Safety Net Hospitals for Pharmaceutical Access, which represents 600 hospitals in the drug-discount program.
"Basically the pendulum has swung so aggressively toward oversight of the hospitals, with little concern about the drug companies," said Ted Slafsky, president of Safety Net Hospitals for Pharmaceutical Access.
If inmates "become 'patients' of the hospital, a 'win-win' arrangement can be negotiated with the state, county or city," said a slide from a 2010 presentation by Safety Net Hospitals for Pharmaceutical Access.
Nevertheless, with the program under scrutiny, the organization representing 340B hospitals, Safety Net Hospitals for Pharmaceutical Access, has warned companies that help those hospitals run their discount programs to avoid using terms like "increasing profits" and "revenue enhancement".
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The Corixa Corporation agreed yesterday to buy Coulter Pharmaceutical, gaining access to a potentially promising cancer drug and a sales force.
Nevertheless, the company has licensing agreements with American, Japanese, French and German drug companies that allows some of the world's major pharmaceutical giants access to its arsenal of patents.
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