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Pushing Prescriptions
What can you buy for over $100 million? Quite a bit, actually. The Center for Public Integrity has a new report out revealing that pharmaceutical companies spent $18 million on political contributions between 2001 and 2004, along with $44 million lobby state governments in 2003 and 2004, in order to thwart state attempts to reduce drug prices. And that all pales beside the $83 million the industry spent to defeat a California drug discount proposition in 2005.
33 states have passed at least 66 separate laws pushing down drug prices since 2003, although the Center doesn't quite say how many further laws were scuttled because of lobbying, besides, of course, the California initiative.
Posted by Bradford Plumer on 04/06/06 at 2:00 PM | E-mail | Print
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Let's remember that California DEFEATED the $83 million proposition in the Governator's special election of '05.
Posted by: alex2012 on 04/08/06 at 1:15 PM
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Ah...is THAT why my bill at the pharmacy After insurance is close to $300 a month. Besides, that can not be true. They said it was because of the cost of research.
Posted by: Katie DeMann on 04/07/06 at 8:12 AM