P
hRMA, the drug industry’s big trade group, spent nearly $10 million lobbying the federal government in the first three months of this year — its most on record for a single quarter.
The trade group’s spending has risen annually since 2014 — a sign of just how powerful a player the drug industry has become in Washington. In 1999 and 2000, it spent less each year on lobbying than it did over the past quarter.
Unlock this article by subscribing to STAT Plus. Try it FREE for 30 days!
SUBSCRIBE TODAYWhat is it?
STAT Plus is a premium subscription that delivers daily market-moving biopharma coverage and in-depth science reporting from a team with decades of industry experience.
What's included?
- Authoritative biopharma coverage and analysis, interviews with industry pioneers, policy analysis, and first looks at cutting edge laboratories and early stage research
- Subscriber-only networking events and panel discussions across the country
- Monthly subscriber-only live chats with our reporters and experts in the field
- Discounted tickets to industry events and early-bird access to industry reports
About the Authors
