Speaker Pelosi?s Drug Pricing Legislation Would Hurt California?s Innovation Ecosystem

SAN DIEGO–(BUSINESS WIRE)– #Biocom–Biocom, the association representing the life science industry of California, issued the following statement in response to a drug pricing proposal unveiled by Speaker Nancy Pelosi and sponsored by Energy & Commerce Chairman Frank Pallone ? H.R.3, the Lower Drug Costs Now Act ? in the U.S. House of Representatives today. This statement may be attributed to Joe Panetta, president and CEO of Biocom: ?On behalf of California?s life sciences community, we are deeply