Legislation co-authored by Senator Tina Smith to lower prescription drug costs was signed into law by President Biden:

“We all know that prescription medicines just cost too much. And I’ve heard stories from Minnesotans that are choosing between buying their medicine and paying for groceries or rent or utility bills.”

Right now, pharmaceutical companies engage in “evergreening,” which allows them to extend their patents for five years when they make minor, insignificant changes to a drug.