Bicameral, Bipartisan TRACK Act Introduced to Provide Transparency into Taxpayer Pharmaceutical R&D Spending—as Vaccine Makers Prepare Price Spikes

This press release from Representative Lloyd Doggett (D-TX) was published on 2023-02-09 and titled "Bicameral, Bipartisan TRACK Act Introduced to Provide Transparency into Taxpayer Pharmaceutical R&D Spending—as Vacc". It focuses on healthcare and touches on the environment, foreign policy.

Bicameral, Bipartisan TRACK Act Introduced to Provide Transparency into Taxpayer Pharmaceutical R&D Spending—as Vaccine Makers Prepare Price Spikes Bicameral, Bipartisan TRACK Act Introduced to Provide Transparency into Taxpayer Pharmaceutical R&D Spending—as Vaccine Makers Prepare Price Spikes Washington, D.C.—Just now, U.S. Representative Lloyd Doggett (D-TX), Ranking Member of the House Ways & Means Health Subcommittee, U.S. Senator Jeff Merkley (D-OR), member of the Senate Appropriations Labor, Health and Human Services, Education, and Related Agencies Subcommittee, and Senator Mike Braun (R-IN), member of the U.S. Senate Committee on Health, Education, Labor & Pensions Committee, filed the Taxpayer Research and Contributions Knowledge (TRACK) Act (H.R. 885) to provide taxpayers easy access to an accounting of how their investments in pharmaceutical research and development are spent and the corresponding terms of federal funding agreements. This legislation comes as vaccine manufacturers prepare to increase COVID-19 vaccine prices, including for the Moderna vaccine which was developed almost exclusively with taxpayer funds. Sebastian.DeLa… Thu, 02/09/2023 - 15:37 February 9, 2023