JoNova

A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).


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Big Pharma spent $4.7b lobbying Big Government which never affects rules, regulations or drug prices, right?

Which industry spends more than any other in Washington? Big Pharma

Over the last 20 years no industry spent more than Pharmaceuticals and Health products on lobbying and campaign contributions. Fully $4,700 million dollars traveled from pharmaceutical giants to politicians, parties and lobbyists.

In 2018 the citizens of the US spent $345 billion on prescription drugs in pharmacies… which works out to about $1,000 per person per year. Adjusted for inflation, that has doubled since 1999 which is not that long ago. Despite competition, discovery and efficiency gains, Americans are spending more than ever.

Maybe Americans are getting much better painkillers, antibiotics, and blood pressure medications than ever before, or maybe government regulations are doing more to protect profits rather than people?

All that lobbying is quite legal, but it isn’t enough. Somehow Big Pharma keep getting caught being naughty as well, lying and hiding things from customers. And if there is no reputational damage from outright deceit and fraud, perhaps the billion-dollar fines are just another cost on the balance sheet. (If only The Media wanted to shine a light on that…)

The Black Pigeon lists some crimes: ..

Oliver Wouters study on Lobbying…

Lobbying Expenditures and Campaign Contributions […]