SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A US National Health Care System?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Koligman who wrote (7698)7/23/2009 2:05:50 PM
From: i-node  Read Replies (2) of 42652
 

"Drug companies have invested nearly $1 billion in lobbying over the last decade, more than any other industry, according to the nonprofit Center for Responsive Politics, and more than $100 million in campaign donations, increasingly to Democrats. And the drug industry in the last three months has increased its spending, according to reports filed Tuesday: PhRMA spent $6.2 million during that period and 10 drug companies each spent more than $1 million."


SO WHAT?

US Drug companies, one of the most heavily regulated businesses in existence, spend $100 Million/year for lobbying.

Versus 60-80 Billion/year in R & D?

And you're finding something to bitch about in there?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext