Contribute Try STAT+ Today

WASHINGTON — A drug pricing advocacy group on Thursday announced a roughly $1 million ad campaign to boost a Trump administration proposal to align American drug prices with those in other wealthy nations, providing an outside boost to a policy concept that the drug industry has vocally opposed.

The same advocacy group, Patients for Affordable Drugs, spent $10 million via its political arm to endorse midterm election candidates it said were working to lower drug costs — and to oppose candidates it said were in bed with industry.

Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!

GET STARTED

What is it?

STAT+ is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.

What's included?

  • Daily reporting and analysis
  • The most comprehensive industry coverage from a powerhouse team of reporters
  • Subscriber-only newsletters
  • Daily newsletters to brief you on the most important industry news of the day
  • STAT+ Conversations
  • Weekly opportunities to engage with our reporters and leading industry experts in live video conversations
  • Exclusive industry events
  • Premium access to subscriber-only networking events around the country
  • The best reporters in the industry
  • The most trusted and well-connected newsroom in the health care industry
  • And much more
  • Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.
  • It is amusing how the real Americans “don’t want foreign countries setting our drug prices”, although it is not clear why it would be such a despicable thing. And, on the other hand, they are perfectly fine with Russia manipulating US elections and politics

  • The US medical drug supply chain from drug maker to patient contributes substantially to the “cost of drugs” in the USA. Cut out a huge chunk of the interim handlers and their “incentive discounts”, put curbs on the extravagant advertising and lobbying allowances, and the cost would foreseeably come down dramatically.

Comments are closed.