Academic group in the country focusing on this matter. Its my pleasure to be here and i want to thank American University for putting together such Great Program and the American Society of law medicine and ethics and other sponsors of this conference which have been a fantastic conversation. We spent a lot of time talking about the future of healthcare policymaking. Industry plays an Important Role in bringing these products forward, but in recent years, drug crisis has continued to rise which has made some of these breakthroughs unaffordable for patients and leading directly to bad consequences when patients are unable to afford the medication as well as driving healthcare spending with spending on pharmaceutical by some estimates making up 20 of healthcare spending overall. We are extremely fortunate during this lunchtime to have one of the key players in helping, who helped establish this pharmaceutical marketplace in representative henry waxman who served as a member of the u. S.
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