Guest guest Posted April 27, 2005 Report Share Posted April 27, 2005 Thanks for the article. Have known there were plenty of drug lobbyists. Have some articles below that add to your topic. Rather than post them separately, thought could just put them in one post. The last article tells of the Hawaii trips. ____________________________________________ http://www.newstarget.com/000864.html Tuesday, April 26, 2005 Commentary | Home Drug companies spent $91 million on 675 lobbyists to make sure Congress passed favorable laws It's a medical racket of historic proportion, involving the FDA, lawmakers, drug companies, health insurance companies and many willing doctors. It generates billions in profits in exchange for the death and suffering of millions of Americans. It's bad medicine, and it's time for serious health care reform. If you find this article interesting, be sure to also read 'Massive medical fraud exposed: pharmaceutical company paid doctors to prescribe drugs and run sham clinical trials.' _________________________ June 23, 2003 Drug Industry Employs 675 Washington Lobbyists, Many with Revolving-Door Connections, New Report Finds Companion Study Shows That Top 10 Drug Companies Made $36 Billion Last Year More Than Half of All Profits Netted by Fortune 500 Companies WASHINGTON, D.C. The drug industry spares no effort to ensure that Congress does not encroach on its hefty profits and the high prescription prices that support them, according to a pair of Public Citizen reports released today. Public Citizen found that the drug industry hired 675 different lobbyists from 138 firms in 2002 nearly seven lobbyists for each U.S. senator, according to federal lobbying disclosure records. The industry spent a record $91.4 million on lobbying activities in 2002, an 11.6 percent increase from 2001. The pharmaceutical industry’s most significant victory came in derailing efforts to include a prescription drug benefit in the traditional Medicare program. Instead, the industry pushed to have Medicare drug coverage provided by private insurers and HMOs – fracturing the bargaining power of the 41 million Medicare beneficiaries in negotiating for lower prices. " The drug industry is winning the war on Capitol Hill right now, " said Clemente, director of Public Citizen’s Congress Watch. " The Medicare bills before Congress provide drug coverage only through private insurers not Medicare. This will safeguard their astronomical profits for as far as the eye can see and keep seniors and people with disabilities scrambling to cover their prescription costs. " Public Citizen’s new report, The Other Drug War 2003, exposes the drug industry’s lobbying barrage. Among its findings: Drug industry lobbying ranks include 26 former members of Congress. All told, 342 lobbyists (51 percent of those employed by the industry) have " revolving door " connections between K Street and the federal government. The Pharmaceutical Research & Manufacturers of America (PhRMA), which represents more than 100 brand-name prescription drug companies, shelled out $14.3 million last year, a 26 percent increase from 2001 and nearly double what the group spent in 2000. PhRMA hired 112 lobbyists in 2002, 30 more than the year before. Brand-name drug manufacturers spent more than 20 times as much on lobbying as generic drug-makers – $76 million versus $3.4 million. And they employed seven lobbyists for every one hired by their generic counterparts. Biotechnology companies spent $12 million on lobbying. Since Public Citizen began tracking the drug industry’s lobbying activities in 1997, the industry has spent nearly $478 million lobbying the federal government. In that same period, the top 25 pharmaceutical companies and trade groups gave $48.6 million to federal campaigns. Well over $100 million more went to paying for issue ads, hiring academics, funding nonprofits and other activities to promote the industry’s agenda in Washington. All told, the drug industry has spent nearly $650 million on political influence since 1997. The success drug companies have enjoyed in protecting high prescription prices is reflected in annual profitability rankings recently published by Fortune magazine. In a year when the stock market remained listless and company after company was wounded by accounting scandals, the 10 drug companies in the Fortune 500 maintained nearly the same level of total profits in 2002 as in 2001. According to Public Citizen’s report, 2002 Drug Industry Profits: As a group, the 10 drug companies in the Fortune 500 saw $35.9 billion in profits in 2002, a drop of 3.5 percent from 2001. By comparison, all companies in the Fortune 500 suffered a combined loss of 66.3 percent in profits from 2001 to 2002. The pharmaceutical industry soared past other business sectors raking in profits five-and-a-half times greater than the median for all industries represented in the Fortune 500. Profits registered by the 10 drug companies on the list were equal to more than half the $69.6 billion in profits netted by the entire roster of Fortune 500 companies when all losses are subtracted from all gains. " The drug industry contends that it needs high prices to finance the discovery of new, innovative drugs, " Clemente said. " But a closer look shows that drug-makers make far more money in profits than they spend on research and development. " __________________________________ http://www.mercola.com/2003/jun/18/drug_industry.htm Drug Industry Lobbyists Spending More to Influence Congress Drug industry lobbyists are spending more to influence Congress, the states and even foreign governments to fight price controls and other regulations on prescription drugs. The Pharmaceutical Research and Manufacturers of America, known as PhRMA, will spend at least $150 million in 2004, according to confidential budget documents. This is a 23 percent increase over this year's budget of $121.7 million. The debate over drug costs and benefits is likely to continue for some time, although Congressional leaders have noted their intent to add drug benefits for the elderly and reconstruct Medicare. PhRMA gets close to all of its revenue from dues paid by member companies. It plans to spend $1 million on an " intellectual echo chamber of economists " to speak against federal price control regulations. For the fiscal year budget that begins on July 1, the pharmaceutical lobby plans to spend $72.7 million to lobby at the federal level, directed mainly at Congress; $4.9 million to lobby the Food and Drug Administration; and $48.7 million to lobby at the state level. Additionally, the budget allows $17.5 million to fight price controls and protect patent rights in foreign countries and in trade negotiations. There is also money set aside " to change the Canadian health care system " and discourage low-price drugs from online pharmacies in Canada from reaching U.S. customers. Canada offers health insurance to all citizens but limits drug prices. Since 1999 the federal affairs staff at PhRMA has quadrupled, from five employees to 20. The organization plans to spend $5 million for lobbyists at the federal level and $3.1 million to retain more than 60 lobbyists in the 50 states. Additionally, PhRMA plans to spend $12.3 million to develop coalitions and strategic alliances with doctors, patients, universities and leading members of minority groups. ____________________ FOR IMMEDIATE RELEASE JUNE 13, 2002 10:32 AM CONTACT: Public Citizen 202-588-7742 Biggest Drug Companies Expand Lobbying Army in 2001 New Report Shows Size, Strength, Connections of Drug Lobby as House Takes Up Medicare Rx Drug Legislation WASHINGTON - June 13 - In 2001, the drug industry’s army of lobbyists easily outnumbered all 535 members of Congress as pharmaceutical companies employed 623 different hired guns, according to a new Public Citizen report based on newly available data. These same drug lobbyists are expected to swarm Capitol Hill next week as the House Energy and Commerce and the House Ways and Means committees begin to mark up Medicare prescription drug legislation. ____________________________ http://query.nytimes.com/gst/abstract.html?res=F30A13FE3F540C758DDDAB0994DC40448\ 2 NATIONAL DESK | December 16, 2004, Thursday House's Author Of Drug Benefit Joins Lobbyists By ROBERT PEAR (NYT) 1068 words Late Edition - Final , Section A , Page 1 , Column 5 ABSTRACT - Rep Tauzin, principal author of new Medicare drug law, will become president of chief lobby for brand-name drug companies, Pharmaceutical Research and Manufacturers of America; drug makers say job is not reward for his work on Medicare bill, which followed industry's specifications in many respects; bill was signed into law by Pres Bush weeks before Tauzin's lawyer began talks with drug trade group; Tauzin, onetime Democrat who became Republican in 1995, has announced his retirement from Congress, where he has served for 24 years and has wealth of connections; he is latest policy maker to move from government to industry; Bush administration's main negotiator with Congress on drug bill, A Scully, has registered as lobbyist for some major drug companies after getting waiver of federal ethics rules that permitted him to negotiate with potential employers while still running Medicare program (M) ________________________ http://www.newstarget.com/001298.html I've seen it myself: a room-full of doctors in Hawaii, ditching a drug company sponsored " education " event, where airfare and hotels were provided for free. Why were the doctors ditching the class? Because they wanted to have fun in Hawaii, and attendance wasn't required after the first hour. It's basically just a paid vacation scam, courtesy of the pharmaceutical company. And it's happening every day, right now. rescription drugs are so profitable -- some drugs are now sold at more than 500,000% markup over the actual cost of their raw ingredients -- that drug companies will do practically anything to sell more pills. They invent fictitious diseases and urge doctors and parents to dose their children with powerful narcotics. They conduct fraudulent clinical trials, making sure to bury any negative results that would show how dangerous their drugs really are. They buy the favor of the media by pumping hundreds of millions of dollars into magazine, television, newspaper and online advertising. They pressure the FDA into delaying the ban on extremely dangerous drugs in order to squeeze out another twelve months of profits even while patients are dying from drug-induced liver failure. __________________________________________________ Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 27, 2005 Report Share Posted April 27, 2005 Another wowza! Growing up, I've never been one who cared anything about politics. It has only been in the last few years in reading fiction books by some of my fave authors ( North , Brad Meltzer, Grisham) did I learn the intricacies of how government and corporations work. Let's just say appalled is a good word & leave it at that. > Thanks for the article. Have known there were plenty > of drug lobbyists. Have some articles below that add > to your topic. Rather than post them separately, > thought could just put them in one post. The last > article tells of the Hawaii trips. > ____________________________________________ > http://www.newstarget.com/000864.html > Tuesday, April 26, 2005 Commentary | Home > Drug companies spent $91 million on 675 lobbyists to > make sure Congress passed favorable laws > It's a medical racket of historic proportion, > involving the FDA, lawmakers, drug companies, health > insurance companies and many willing doctors. It > generates billions in profits in exchange for the > death and suffering of millions of Americans. It's bad > medicine, and it's time for serious health care > reform. If you find this article interesting, be sure > to also read 'Massive medical fraud exposed: > pharmaceutical company paid doctors to prescribe drugs > and run sham clinical trials.' > _________________________ > June 23, 2003 > Drug Industry Employs 675 Washington Lobbyists, Many > with Revolving-Door Connections, New Report Finds Quote Link to comment Share on other sites More sharing options...
Guest guest Posted April 28, 2005 Report Share Posted April 28, 2005 , I have had some interest in politics, but never really got ito the nitty gritty of things. I know know how and why Monsanto got saccarin, sweetn low, and now splenda thru, when the plant I was at buried that dept. BTW: And now medicare is using other insurance companies to handle claims. Mutual of Omaha is one. he A net acquaintance whom has cerebral palsey, is 40 and medicaid was slashed in his state. He is at a loss as what he is going to do. :-( I at one time was on medicaid, ended up in the hospital, and the remaining food stamps which I hadn't been able to use, were taken back by the state. I knew the Gov was messing with our health care system, but not to the extent we are finding out. :-( Am sickened at what this world has come to. --- xhannahx24 <xhannahx24@...> wrote: > Another wowza! Growing up, I've never been one who > cared anything about politics. It has only been in the last few years in reading > fiction books by some of my fave authors ( > North , Brad Meltzer, Grisham) did I learn the intricacies of how government and corporations work. Let's just say > appalled is a good word & leave it at that. > > > > > > > Thanks for the article. Have known there were > plenty > > of drug lobbyists. Have some articles below that > add > > to your topic. Rather than post them separately, > > thought could just put them in one post. The last > > article tells of the Hawaii trips. > > ____________________________________________ > > http://www.newstarget.com/000864.html > > Tuesday, April 26, 2005 Commentary | Home > > Drug companies spent $91 million on 675 lobbyists > to > > make sure Congress passed favorable laws > > It's a medical racket of historic proportion, > > involving the FDA, lawmakers, drug companies, > health > > insurance companies and many willing doctors. It > > generates billions in profits in exchange for the > > death and suffering of millions of Americans. It's > bad > > medicine, and it's time for serious health care > > reform. If you find this article interesting, be > sure > > to also read 'Massive medical fraud exposed: > > pharmaceutical company paid doctors to prescribe > drugs > > and run sham clinical trials.' > > _________________________ > > June 23, 2003 > > Drug Industry Employs 675 Washington Lobbyists, > Many > > with Revolving-Door Connections, New Report Finds > > > > > > > Quote Link to comment Share on other sites More sharing options...
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