The Biden Administration is acting to promote competition and lower drug prices for all Americans

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The Biden Administration is acting to promote competition and lower drug prices for all Americans

Joint blog by Kathi Vidal, Under Secretary of Commerce for Intellectual Property and Director of the USPTO, and Robert M. Califf, FDA Commissioner

President Biden is helping Americans protect and preserve their health and live with the dignity of knowing that they can care for themselves and their loved ones, in part by making the cost of prescription drugs more reasonable. The President has outlined a multipoint plan to increase access and reduce the cost of prescription drugs in his July 2021 Executive Order on Promoting Competition in the American Economy. Included in that plan was a call for the United States Patent and Trademark Office (USPTO) and the Food and Drug Administration (FDA) to leverage our collective expertise in promoting innovation, competition, and the approval and regulation of safe and effective drugs to help provide relief to American families at the pharmacy.

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