Modal close

Dear Democracy Now! visitor,

You turn to Democracy Now! for ad-free news you can trust. Maybe you come for our daily headlines. Maybe you come for in-depth stories that expose corporate and government abuses of power. Democracy Now! brings you crucial reporting like our coverage from the front lines of the standoff at Standing Rock or news about the movements fighting for peace, racial and economic justice, immigrant rights and LGBTQ equality. We produce our daily news hour at a fraction of the budget of a commercial news operation—all without ads, government funding or corporate sponsorship. How is this possible? Only with your support. If every visitor to this site in December gave just $10 we could cover our basic operating costs for 2017. Pretty exciting, right? So, if you've been waiting to make your contribution to Democracy Now!, today is your day. It takes just a couple of minutes to make sure that Democracy Now! is there for you and everybody else in 2017.

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Topics

Public Citizen Accuses the Drug Industry of Falsifying Research Costs While Spending Millions to Fight Lower Drug Prices

StoryJuly 24, 2001
Watch iconWatch Full Show

Public Citizen has accused the pharmaceutical industry of overstating the costs of developing new drugs while itspends millions of dollars to lobby against legislation that would rein in prescription drug prices for seniorcitizens and others burdened by soaring drug costs.

The report, released yesterday, adds fuel to Congressional calls for sweeping reforms of drug prices, including drugbenefits for seniors on Medicare.

The report also comes at a time when the American Pharmaceutical industry and the Bush Administration are waging anall out campaign against poorer nations such as Brazil and South Africa that want to manufacture generic equivalentsof life-saving drugs.

We invited representatives of the Pharmaceutical Research Manufacturers of America numerous times to be on the show,but they declined. They have denounced the findings of the Public Citizen report and criticized its methodology.

Guest:

  • Frank Clemente, head of Public Citizen’s Congress Watch.

Related link:


The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.

Make a donation