Bloomberg Law: Drug Lobby Spends Record Amount in Fight Over Medicine Costs - 340B Matters
17146
post-template-default,single,single-post,postid-17146,single-format-standard,ajax_fade,page_not_loaded,,qode-title-hidden,qode-theme-ver-9.1.3,wpb-js-composer js-comp-ver-4.11.1,vc_responsive

22 Jan Bloomberg Law: Drug Lobby Spends Record Amount in Fight Over Medicine Costs

“The main lobbying association for drug makers, the Pharmaceutical Research and Manufacturers of America, spent a record $28.9 million on lobbying last year as it pushed back on legislation meant to control the price of medicine.

The trade group asked lawmakers instead to create an out-of-pocket cap for prescription drugs under Medicare instead of going after drug prices.

The amount spent by PhRMA was up 5% from the year before, according to the federal lobbying disclosures filed Tuesday.”

Read More: https://news.bloomberglaw.com/health-law-and-business/drug-lobby-spends-record-29-million-in-fight-over-medical-costs