Romney Offers Measures to Health Bill to Prevent Future Formula Crisis, Support Dietary Supplements Industry, and Lower Drug Prices

WASHINGTON— U.S. Senator Mitt Romney (R-UT) today offered several amendments to the Food and Drug Administration Safety and Landmark Advancements (FDASLA) Actlegislation to be considered by the HELP Committee tomorrow—which will prevent a future infant formula crisis, support the dietary supplements industry in Utah, and advance more options to lower drug prices. One of Romney’s amendments to lower drug prices has already been included in the legislation, and he will push for inclusion of other measures during tomorrow’s markup.

“Utahns and Americans across the country are strapped with skyrocketing prescription drug costs, and it is increasingly difficult for them to receive the medicine they need,” Senator Romney said. “We must explore ways to lower costs for medication and spur the research and development of new drugs, including finding ways for nonprofit generic drug companies like Utah’s Civica Rx to lower drug costs, address shortages, and accelerate the development of new drugs.

“Every member here understands the effects that the recent Abbott infant formula recall has had on infants and families across the country,” Romney continued. “The stories of parents who worried about whether they were going to be able to safely feed their child are absolutely heartbreaking. The FDA has a responsibility to protect infant health by ensuring they have access to safe formula, and when crises arise, to initiate contingency plans to mitigate shortages that risk the lives of infants across the nation.

“The dietary supplements industry is a more than $7 billion dollar industry in my state, having flourished under policies championed by the late Senator Hatch. This is a vital economic driver and source of good jobs in the state that helps sustain our Utah-based suppliers and manufacturers in raw materials, technology, logistics, and service jobs that support the dietary supplements industry. Like any new regulatory policy, we must ensure a balance between government oversight and burdensome, unnecessary requirements,” Romney concluded.

Romney measures being offered to the Food and Drug Administration Safety and Landmark Advancements (FDASLA) Act:

Romney measure included in the Food and Drug Administration Safety and Landmark Advancements (FDASLA) Act: