Pharma Industry Spends Big on Lobbying Amid COVID-19, Upcoming Election

Over the past six months, the pharmaceutical industry spent more than $156 million on lobbying even as drugmakers have been racing to produce coronavirus vaccines and treatments. The Pharmaceutical Research and Manufacturers of America (PhRMA) spent $14.43 million in the first half of 2020, according to the U.S. Senate Lobbying Disclosure Act Database. Lobbying expenditures from Gilead Sciences jumped by 26%, going from $2.94 million in the first half of 2019 to $3.71 million over the same period in 2020. Meanwhile, drugmakers have distributed thousands of checks to lawmakers ahead of this year’s election, according to a recent Stat analysis. The industry has traditionally supported Republican candidates, and it donated nearly $200,000 to Senate Majority Leader Mitch McConnell (R-Ky.) this year. Among the 14 lawmakers who’ve received more than $100,000 from the industry in 2020, 11 are Republican lawmakers and six are senators up for reelection.

© 2022 MMIT
Jinghong Chen

Jinghong Chen Reporter

Jinghong produces infographics and data stories on health insurance and specialty pharmacy for AIS Health. She graduated from Missouri School of Journalism with a focus on data journalism and international reporting. Before joining AIS in 2018, she worked at WBEZ, Al Jazeera English and The New York Times Chinese.

Related Posts

workers-prepping-infusion-drug
May 12

Major PBMs Look Ahead to 2023 for Biosimilars Boom

READ MORE
wall-street-sign
May 12

Centene Plans to Sell Magellan Rx, PANTHERx Rare for $2.8 Billion

READ MORE
pills-and-dollars
May 12

Study: With High Prices, Rebate Revenue Is Growing for PBMs

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today