U.S. Drug Industry Braces for Democrat-Led Congress

  1. WASHINGTON (Reuters) - With Democrats set to take control of Congress and vowing measures to cut drug prices, the U.S. pharmaceutical industry will have to revamp its huge lobbying operation, analysts and campaign finance experts said.
    "Off-label marketing of drugs, patent litigation settlements, and drug safety will all be on the table, something that (pharmaceutical) companies have not had to worry about under a Republican-controlled House," said Catherine Bennett, a health care attorney who used to work for Pfizer.
  2. 3 Comments

  3. by   sunnyjohn
    If they stop those ridiculous drug ads, I'm happy!

    "May cause dry mouth, dry eye, dry hair, dry skin, constipation and diahrrea!".... Umm yeah riiiiiight!
  4. by   pickledpepperRN
    How is Big Pharma money free speech? THEY make laws like Medicare Part "D".
    Now they're trying to buy off Democrats too. It is just wrong. This is nothing like nurses, doctors, and patients talking to their legislators.

    By some estimates, the drug industry has nearly three lobbyists for each member of Congress.
    The Center for Public Integrity in 2005 ranked the pharmaceutical lobby the biggest in the nation, burning up more than $675 million and only exceeded by the insurance industry when campaign contributions are included
  5. by   CHATSDALE
    hillary clinton has already said that this is a priority, she was always very angry when her plans while first lady were not accepted

    there are laws which will perserve the tx and meds of a certain pharm company so that they can retrieve the money that was spend to develop them and also to pay for drugs/tx that were not successful but this can put them out of the reach of many insurers and they will not pay for it esp if they can get this classified as 'experimental'

    lots of sides..few answers