Kenneth Frazier Quotes

The United States government approaches patient choice in medication as Singapore does free speech: its pronouncements sound reasonable and tolerant until you threaten its prerogatives.

We took away government’s power to bring down the price of drugs using its buying power. Nonetheless, the Affordable Health Care Act is a great step forward.

Competition is the best way to ensure prescription drugs are affordable.

Affordability is critical so that patients have access to medicines. At the same time, it's also important that we have the kind of incentives that allow us to do the kinds of studies that we need to do to go after these diseases like Alzheimer's.

If Congress continues to sit on its hands, and the drug companies continue to stash cash in their stockings, Americans will be forever bound in the Jacob Marley-like chains of high prices.

I believe that government is too large, costs too much, spends too much, and has too much regulatory power in our lives.

While I recognize the great value and importance of prescription drugs and strongly support a continued U.S. focus on pharmaceutical research and development, our nation's seniors cannot be asked to subsidize the drug costs of other wealthy industrialized nations any longer.

I don’t want to eliminate government. I just want to shrink it down to the size that you can drag it into the bathroom and drown it in the tub.

Free competition and the open market system as they were known in the old days, have lost their places in the system, and that the only substitute for them, in these modern times, is government regulation and control.

The pharmaceutical industry is spending $1 billion more each year on marketing and lobbying than it does on developing new and better drugs.

You know the pharmaceutical industry. If they are involved with any deal with the government, they are not going to lose any money.

I don’t want to kill the government. I just want to shrink it down to a small enough size that I can flush it down the toilet.

There are so few drugs for these killer diseases, but for erectile dysfunction, we have had 14 drugs since 1996… It says something about where the priorities of the pharmaceutical companies seem to lie.

It’s our tax dollars that fund the initial research for these molecules that get transferred to corporations. We have an investment here… We end up paying for our drugs twice. We pay for the initial development through our tax dollars. And then when it goes on the market we pay their inflated prices.

The left’s reflex is that if something is good then the government ought to provide it, and some conservatives are falling into the left’s political trap.

Businesses across the country are raising their prices in order to compensate for their added costs due to Obama's health care plan. If they aren't raising prices, they're cutting jobs as a result of the added cost, both of which hurt our economy.

Blame me for capitalism. Blame me for EpiPen.

In every country except - industrial country except the United States, the government uses its massive purchasing power to negotiate drug prices. That's one of the reasons prices are so much higher in the United States than in other countries.

President Trump has exposed the dirty secret of drug pricing: There is a shadowy third player in the transaction between patients and their pharmacists: middlemen who have taken a big kickback from the drug manufacturer, which may or may not be reflected in patients' out-of-pocket costs.

To ensure that America remains the leader in medical innovation, we must reduce the costs of developing life-saving drugs and ensure that there are appropriate economic incentives in place to produce them.

The picture of the free market is necessarily one of harmony and mutual benefit; the picture of State intervention is one of caste conflict, coercion, and exploitation.

I support negotiating authority to lower prescription drug prices.

If you're worried about the deficit, pay attention to the fact that it's almost all attributable to military spending and the totally dysfunctional health program.

My citizen activism is a direct outgrowth of a classical and fiscally conservative training in economics at Harvard. It is a perspective rooted in one of the most important concepts in economics - the need for government intervention in the presence of a market failure.

In my view, Obamacare is the most existential threat to our economy than anything we've ever had since the Great Depression, so I think a little bit of additional deficit is nothing compared to delaying if not repealing Obamacare.