The Pharmaceutical Industry and Political Influence in the United States
This is a 5 page paper discussing the pharmaceutical brand-name industry and its political influence in the U.S. The brand-name pharmaceutical industry in the United States has a great deal of influence over the legislation which controls the drug industry in the U.S. In addition, there is a great deal of political influence on the pharmaceutical industry as many of those lobbying for support of the desires of the drug industry are former members of Congress and people who have previously worked for the federal government from both parties. Critics call the relationship between the drug industry and Washington politicians “a revolving door” and so far this relationship has maintained the steadfast control the drug companies have over any cost saving measures to the public. The drug companies who consistent have the largest percent profit margin over any other industry in the U.S. are primarily opposed to any legislation which would decrease this annual profit and are specifically opposed to any actions which would allow the Medicare benefit program to have a federal price control system; to any legislation which further opens the industry to generic competition; and to legislation which would allow for the re-importing of U.S. manufactured and FDA-approved drugs from Canada at a considerably lower price – all areas the drug industry has successfully controlled with political support.
Bibliography lists 4 sources.
File: D0_TJpharm1.rtf
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