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PHRMA STATEMENT ON PROPOSED CALIFORNIA DRUG PROGRAM

August 28, 2006

PhRMA Senior Vice President Ken Johnson released the following statement regarding a proposed new prescription drug program for California: "America's pharmaceutical research companies are committed to developing real world, workable public policy solutions to help reduce the number of uninsured and help those with low incomes better afford their medicines. Unfortunately, the program announced today is not a comprehensive healthcare solution. In fact, the likely consequence of this proposal may mean poor patients will have less access to the very medicines their physician has prescribed."
PhRMA