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IPFS News Link • Big Pharma

Who Has Spent The Most Dollars Lobbying Washington In 2019?

• https://www.zerohedge.com by Karl Evers-Hillstrom

Drugmakers have spent more than $129 million through September, slightly down from nearly $133 million at this time last year, but still far more than any other industry. 

The larger pharmaceutical/health products industry, which includes medical devices and dietary supplement companies along with drugmakers, spent $228 million through the third quarter of 2019, a record-breaking pace that is up $10 million from this time last year. 

House Democrats recently advanced legislation that allows the federal government to negotiate the price of drugs that lack generic equivalents. The bill passed the House Ways and Means Committee this week without a number of amendments proposed by progressive Democrats who argued the bill isn't strong enough. 


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