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A powerful Senate Republican heralded on Wednesday a slate of policies aimed at lowering the price of prescription medicines — and outlined a clear path forward for passing them into law with bipartisan, bicameral support.

Sen. Chuck Grassley, the Iowa Republican who chairs the Senate Finance Committee, said his “good working relationship” with ranking member Sen. Ron Wyden (D-Ore.), along with his conversations with other key lawmakers in the House and on the Health, Education, Labor, and Pensions Committee, present a “real opportunity” for a collaborative product — brought by both committees to the Senate floor — by the end of this year.

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