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In light of the news that historic legislation to lower the prices of prescription drugs is making headway, Mark E. Miller, Executive Vice President of Health Care for Arnold Ventures, issued the following statement:

We are encouraged to hear that the compromise prescription drug legislation appears to be finally moving forward. Congress has a historic opportunity to correct the long-standing failures of the drug market that lead to unjustified prices.

After years of effort, passing this legislation will fulfill a promise made to put the interests of taxpayers, employers, and patients over those who profit from excessive drug prices. It’s time to finish the job.”