Big Pharma Spent ‘Horrifying’ Sums of Money to Weaken Drug Price Reform

Pharmaceutical corporations and private health insurers spent $171 million on lobbying through the first nine months of the year, the most of any industry. Big Pharma’s 1,600 lobbyists outnumber members of Congress by a ratio of three to one. The industry’s focus on drug pricing has increased dramatically in recent years as the issue became more top-of-mind for voters. In 2012, lobbyists registered to work on the issue of ‘drug prices’ 69 times for 20 different clients.

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2021-11-20 11:13:34