The Politics Of Pharmaceuticals: Post-Election Government Impact On The Industry
Saturday, April 20, 2013 - 12:54
in Mathematics & Economics
Pharmaceuticals don't have a discovery problem, or a financing one, they have a political one that impedes everything else. Politics have a greater direct effect on the pharmaceutical industry than anything else in the US, and correspondingly drug companies makes considerable investments in election campaigns, just like unions and any other special interest reliant on government. The November elections kept the face of Washington the same as 2010, with President Obama in the White House, Democrats still in control of the Senate and Republicans still controlling the House of Representatives - but that means the pharmaceutical industry will be impacted in a variety of ways. read more