Drug industry spent millions to prevent reduction in consumer drug costs


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Topic: Politics > Politics-USA
User: "Harry Hope"
Date: 06 Apr 2006 09:37:48 AM
Object: Drug industry spent millions to prevent reduction in consumer drug costs
From Reuters, 4/6/06:
http://today.reuters.com/news/newsarticle.aspx?type=domesticNews&storyid=2006-04-06T071326Z_01_N06387475_RTRUKOC_0_US-DRUGMAKERS.xml
Drug industry spends millions on US states: report
WASHINGTON (Reuters) -
The pharmaceutical industry spent $44 million lobbying U.S. state
officials during a two-year period with much of the money going to
fight proposals that would have reduced prescription drug costs,
according to report released on Thursday.
The Center for Public Integrity said industry representatives spent
the money in 2003 and 2004, a time when more than half of all states
were considering proposals to reduce the cost of medicines.
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Surprised? Of course you're not.
Harry
.

 

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