California Senate Passes Bill Banning Drug Company Gifts to Doctors

On May 18, the California Senate passed a bill that would ban pharmaceutical companies from giving gifts to doctors. The Senate voted 23-13 in favor of sending the bill to the Assembly. [1] For the bill, SB 790, California lawmakers used a similar 2009 Vermont law enacted in 2009 as a template. If the bill […]

Trump’s Pick for FDA Chief Has Drug and Biotech Industry Ties

President Trump’s pick for head of the FDA, Dr. Scott Gottlieb, has taken more than $400,000 from drug makers in the last few years alone, and Gottlieb has deep ties to the pharmaceutical industry. [1] Gottlieb has testified multiple times on Capitol Hill concerning complex drug pricing issues, and is largely approved of by drug companies and […]

Pharma Companies Spend 19x more on Marketing than Research, and Returns are Dropping

The pharmaceutical industry swears the high cost of drugs is due to research and development costs, conveniently omitting the actual amount of money spent on the marketing of these drugs, which is exorbitantly more. A recent Deloitte report suggests that pharmaceutical companies are taking a hit because investments made in R&D on new drugs simply are […]