How The Pharma Industry Is Supporting Republicans
With a fight over drug prices expected next year, drug companies have been funneling significant political contributions toward Republican candidates, fearful of what a full Democratic takeover of Washington might mean for the industry, according to a STAT analysis.
Drug makers have been bracing for a renewed push in Washington to bring down prices, particularly with polls consistently showing Hillary Clinton leading Donald Trump in the presidential race. In the battle for Congress, Democrats have long had a chance to win the Senate, but a takeover of the House as well — now seen as a possibility, however remote — would present the pharmaceutical industry with a worst-case scenario.
Drug makers have been bracing for a renewed push in Washington to bring down prices, particularly with polls consistently showing Hillary Clinton leading Donald Trump in the presidential race. In the battle for Congress, Democrats have long had a chance to win the Senate, but a takeover of the House as well — now seen as a possibility, however remote — would present the pharmaceutical industry with a worst-case scenario.