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CLSA Comments to W&M/E&C Committee Leadership on Proposed Part D Legislation – June 2019

June 6, 2019

The Honorable Richard E. Neal
Chairman, House Ways & Means Committee
1102 Longworth House Office Building
Washington, D.C. 20515
The Honorable Frank Pallone, Jr.
Chairman, House Energy & Commerce Committee
2125 Rayburn House Office Building
Washington, D.C. 20515
The Honorable Kevin Brady
Ranking Member, House Ways & Means Committee
1139 Longworth House Office Building
Washington, D.C. 20515
The Honorable Greg Walden
Ranking Member, House Energy & Commerce Committee
2322 Rayburn House Office Building
Washington, D.C. 20515

 

Dear Chairman Neal, Chairman Pallone, Ranking Member Brady, and Ranking Member Walden:

On behalf of the California Life Sciences Association (CLSA), thank you for the opportunity to submit comments in response to the solicitation for feedback on draft legislation to reform and improve the Medicare Part D program.

CLSA is the premier statewide public policy and business leadership organization representing California’s life sciences innovators, including medical device, diagnostic, biotechnology and pharmaceutical companies, research universities and private, non-profit institutes, and venture capital firms. California’s 3,418 biomedical and life sciences companies directly employ over 133,000 people throughout the state (representing approximately 18 percent of the total U.S. biopharmaceutical workforce, and 19 percent of the total U.S. medical device workforce), truly leading the world in life sciences research and development. The work of California’s innovative companies and research institutions has led to groundbreaking therapies and technologies to diagnose, treat, and prevent conditions such as diabetes, arthritis, cancer, cardiovascular disease, chronic pain, hepatitis, HIV/AIDS, and Parkinson’s disease. Just as important, the life sciences sector is an increasingly important component of our state’s economic engine, employing nearly 958,000 people, paying $37.1 billion in wages, and accounting for $25.2 billion in exports annually.

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