[Ip-health] Pharma Money in an Election Year // Pharmalot

Jamie Love james.love at keionline.org
Thu Sep 20 11:55:55 PDT 2012


This from the Pharmalot blog on pharma PAC money.

. . . What jumps out at first is the major change in contributions
from the period 1998 to 2006, which was heavily republican, to the
spending over the 2008 to 2012 cycles, which was much more equal
between the two parties.   For example, Pfizer was giving 4 to 1 for
GOP candidates in 2000, and more than 2 to 1 in 2006, but leans toward
the Democrats from 2008 to 2012. Abbott shifted from giving 18 percent
of its money to Democrats in 2006 to 52 percent in 2010. Eli Lilly
shifted from 27 percent in 2006 to 60 percent in 2010. The shift from
2006 to 2010 was a consequence of a major political realignment
engineered by PhRMA and the Obama White House. The Democratic party
shifted from a traditional critic of high drug prices to a defender or
ineffective opponent to a far ranging PhRMA wish list of policy
positions.  ....

http://www.pharmalot.com/2012/09/the-op-ed-pharma-money-in-an-election-year/




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