Since the beginning of last year, 34 lawmakers have each received more than $100,000 from pharmaceutical companies. Two of those — Reps. Greg Walden of Oregon, a key Republican committee chairman, and Kevin McCarthy of California, the House Republican majority leader — each received more […]
The pharma industry as a whole has behaved similarly, cranking up political contributions and lobbying. Meanwhile, despite much talk about change, Congress and the Trump administration have done little to control drug prices or threaten drug-company profits. Jay Hancock, Kaiser Health News and Elizabeth Lucas, […]
“Pharma Bro” Martin Shkreli, who became the face of all that is wrong with the drug industry, was sentenced last week to seven years for securities fraud. While unrelated to the criminal trial, Shkreli bought in 2015, through one of his companies, a 62-year-old drug […]
Corporate health insurers and Big Pharma spend millions on lobbying in California every year. And every year, insurers blame the drug companies for price hikes, and drug companies blame insurers for premium gouging. The only thing that changes for consumers are their medical costs: They […]
