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PhRMA Prepares Strong MedicineJune 9, 2003
The Pharmaceutical Research and Manufacturers of America (PhRMA), the trade association which represents the drug industry, plans to spend at least $150 million in the coming year to fight price controls, influence how, and if, prescription drug benefits are provided to the elderly, and subsidize organizations which agree with its positions, The New York Times reported. That figure would be an increase of 23 percent over the past year. According to the Times, the PhRMA budget for the fiscal year that begins on July 1 breaks down as follows:
There is even $1 million set aside "to change the Canadian health care system" and another $450,000 to stop online Canadian pharmacies from supplying low-price prescriptions drugs to U. S. citizens. |