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Over the past 25 years, the pharmaceutical industry has spent $8.5 billion on lobbying and over $745 million on campaign contributions to get Congress to do its bidding. Incredibly, last year, drug companies hired over 1,700 lobbyists including the former congressional leaders of both major political parties - over 3 pharmaceutical industry lobbyists for every Member of Congress.  Meanwhile, as Americans die because they cannot afford the medications they need, the pharmaceutical industry makes much higher profit margins than other major industries. More

The post On the Greed of the Pharmaceutical Industry appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Bernie Sanders.

Citations

[1]https://www.counterpunch.org/2023/02/16/on-the-greed-of-the-pharmaceutical-industry/[2]https://www.counterpunch.org/2023/02/16/on-the-greed-of-the-pharmaceutical-industry/[3]https://www.counterpunch.org/