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Bad Medicine: Pharmaceuticals’ Prescription for Profits over People | 18
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1
Jason Sattler, “Boehner Demands Medicare, Social Security And Medicaid Cuts To Raise Debt Limit,” The National Memo, August 27, 2013,
http://www.nationalmemo.com/boehner-demands-medicare-social-security-and-medicaid-cuts-to-raise-debt-limit/
2
Bob Linton, “IMS Health Study Points to a Declining Cost Curve for U.S. Medicines in 2012,” IMS Institute, May 9, 2013, http://www.imshealth.com/
portal/site/ims/menuitem.d248e29c86589c9c30e81c033208c22a/?vgnextoid=8659cf4add48e310VgnVCM10000076192ca2RCRD&vgnextchannel=43
7879d7f269e210VgnVCM10000071812ca2RCRD&vgnextfmt=default
3
USA Today, “Prescription drug prices rise at double inflation,” TribLive.com, February 14, 2013, http://triblive.com/usworld/nation/3489192-74/
drug-drugs-prices#axzz2eQDgQna2
4
For a discussion of patents in the pharmaceutical industry see Michele Boldrin and David K. Levine. Economic and Game Theory against
Intellectual Monopoly, January 2007. Chapter 9. http://levine.sscnet.ucla.edu/papers/ip.ch.9.m1004.pdf
5
For a discussion of the benefit of publicly funded research see Ashley J. Stevens, D.Phil., Jonathan J. Jensen, M.B.A., Katrine Wyller, M.B.E., Patrick
C. Kilgore, B.S., Sabarni Chatterjee, M.B.A., Ph.D., and Mark L. Rohrbaugh, Ph.D., J.D. The Role of Public-Sector Research in the Discovery of Drugs
and Vaccines. New England Journal of Medicine, February 10, 2011.
6
See a study in the Journal of the American Medical Association January 20, 2010, Funding of US Biomedical Research, 2003-2008 E. Ray Dorsey,
MD, MBA; Jason de Roulet, MD; Joel P. Thompson, MPH; Jason I. Reminick, MS; Ashley Thai, BS; Zachary White-Stellato; Christopher A. Beck,
PhD; Benjamin P. George, BS; Hamilton Moses, MD. “Funding of US Biomedical Research, 2003-2008,” E. Ray Dorsey, MD, MBA; Jason de Roulet,
MD; Joel P. Thompson, MPH; Jason I. Reminick, MS; Ashley Thai, BS; Zachary White-Stellato; Christopher A. Beck, PhD; Benjamin P. George, BS;
Hamilton Moses, MD.
7
Lee Graczyk, “FDA bill signed, importation in serious jeopardy,” RxRights.org, July 12, 2012, http://www.rxrights.org/your-thoughts/fda-bill-signedimportation-in-serious-jeopardy
8
Margaret Clapp, Michael A. Rie and Phillip L. Zweig; “How a Cabal Keeps Generics Scarce,” New York Times, September 2, 2013.
9
“Keeping Watch Over Direct-to-Consumer Ads,” U.S. Food & Drug Administration, May 10, 2010, http://www.fda.gov/ForConsumers/
ConsumerUpdates/ucm107170.htm
10
Alexander Eichler, “Pharmaceutical Companies Spent 19 Times More On Self-Promotion Than Basic Research: Report,” August 9, 2012,
http://www.huffingtonpost.com/2012/08/09/pharmaceutical-companies-marketing_n_1760380.html
11
“National Health Expenditure Projections 2011-2021,” Centers for Medicare & Medicaid Services, 2012, p.1, http://www.cms.gov/ResearchStatistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/Downloads/Proj2011PDF.pdf
12
Congressional Budget Office, letter to Rep. Nancy Pelosi, March 20, 2010, p. 9, http://www.cbo.gov/sites/default/files/cbofiles/ftpdocs/113xx/
doc11379/amendreconprop.pdf
13
“Obamacare Will Bring Drug Industry $35 Billion in Profits,” Forbes.com, May 25, 2013, http://www.forbes.com/sites/brucejapsen/2013/05/25/
obamacare-will-bring-drug-industry-35-billion-in-profits/
14
“The Prescription Drug Price Tsunami: Are We Powerless?” NorthWestPharmacy.org, 2012, http://canadiandrugsworld.com/Drug-Prices.html
15
“Total Medicaid Enrollment, FY2010,” The Henry J. Kaiser Family Foundation, 2013, http://kff.org/medicaid/state-indicator/total-medicaidenrollment/
16
“Total Number of Medicare Beneficiaries,” The Henry J. Kaiser Family Foundation, 2013, http://kff.org/medicare/state-indicator/total-medicarebeneficiaries/ also, “Medicaid’s Role for Dual Eligible Beneficiaries,” The Henry J. Kaiser Family Foundation, August 2013,
http://kaiserfamilyfoundation.files.wordpress.com/2013/08/7846-04-medicaids-role-for-dual-eligible-beneficiaries.pdf; and “Statistical Abstract of
the United States: 2012,” U.S. Census Bureau, 2013, p.107. http://www.census.gov/compendia/statab/2012/tables/12s0147.pdf
17
“Medicaid’s Role for Dual Eligible Beneficiaries,” The Henry J. Kaiser Family Foundation, August 2013. P.1. http://kaiserfamilyfoundation.files.
wordpress.com/2013/08/7846-04-medicaids-role-for-dual-eligible-beneficiaries.pdf
18
“The Medicare Prescription Drug Benefit Fact Sheet,” The Henry J. Kaiser Family Foundation, November 19, 2012. http://kff.org/medicare/factsheet/the-medicare-prescription-drug-benefit-fact-sheet/
19
“Rockefeller and 18 other Senators Introduce Legislation to Protect Seniors and Reduce Deficit by $141.2 Billion,” Jay Rockefeller for West
Virginia, April 16, 2013, http://www.rockefeller.senate.gov/public/index.cfm/press-releases?ID=617fffeb-4c5a-4123-a5b3-1f8b790e5f8b
20
21
Ibid.
“Big Pharma Pockets $711 Billion in Profits by Price-Gouging Taxpayers and Seniors,” Healthcare for America Now! April 8, 2013,
http://healthcareforamericanow.org/2013/04/08/pharma-711-billion-profits-price-gouging-seniors/
22
“Big Pharma CEOs Rake in $1.57 Billion in Pay,” Healthcare for America Now!, May 8, 2013, http://healthcareforamericanow.org/2013/05/08/
pharma-ceos-billion-in-pay/
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23
”Lobbying: Top Industries,” Center for Responsive Politics, 2013, http://www.opensecrets.org/lobby/top.php?showYear=a&indexType=i
24
“Lobbying: Pharmaceutical,” Center for Responsive Politics, 2012, http://www.opensecrets.org/lobby/induscode_lobs.php?id=H4300&year=2012
25
“Pharmaceutical Manufacturing: Lobbying, 2012,” Center for Responsive Politics, 2012, http://www.opensecrets.org/industries/lobbying.
php?cycle=2012&ind=H4300
26
“Biographies: J. Michael Hudson,” The Health Policy Group: Business and Public Policy Strategies for Health Care, http://www.healthpolicygroup.
com/BioHudson.html
27
“Hudson, J. Michael,” Center for Responsive Politics, http://www.opensecrets.org/revolving/rev_summary.php?id=13566
28
“Zawistowich, Lu,” Center for Responsive Politics, http://www.opensecrets.org/revolving/rev_summary.php?id=32720
29
“Health Care, Pharmaceuticals and Life Sciences,” Patton Blogs, 2013, http://www.pattonboggs.com/industry/health-care-pharmaceuticals-andlife-sciences
30
Anna Palmer & Dave Levinthal, “Forbes, Tate form new firm,” Politico, July 10, 2012,
http://www.politico.com/politicoinfluence/0712/politicoinfluence300.html
31
“Cauthen, Forbes & Williams,” Influence Explorer, http://influenceexplorer.com/organization/cauthen-forbeswilliams/6049904d69464be3a9a15818
c6f23efe
32
Eric Lipton & Kevin Sack, “Fiscal Footnote: Big Senate Gift to Drug Maker,” The New York Times, January 19, 2013,
http://www.nytimes.com/2013/01/20/us/medicare-pricing-delay-is-political-win-for-amgen-drug-maker.html?pagewanted=all
33
“Bates, G. Hunter,” Center for Responsive Politics, http://www.opensecrets.org/revolving/rev_summary.php?id=28086
34
“Tauzin, Billy,” Center for Responsive Politics, http://www.opensecrets.org/revolving/rev_summary.php?id=33468
35
William M. Welch, “Tauzin switches sides from drug industry overseer to lobbyist,” USA Today, December 15, 2004, http://usatoday30.usatoday.
com/money/industries/health/drugs/2004-12-15-drugs-usat_x.htm
36
“Pharmaceutical Manufacturing: Long-Term Contribution Trends,” Center for Responsive Politics, 2013, http://www.opensecrets.org/industries/
totals.php?cycle=2012&ind=H4300
37
“Organization Profiles: Pfizer Inc,” Center for Responsive Politics, 2012, http://www.opensecrets.org/orgs/summary.php?id=D000000138
38
“Pharmaceutical Manufacturing: Money to Congress,” Center for Responsive Politics, 2013, http://www.opensecrets.org/industries/summary.php?i
nd=H4300&recipdetail=A&sortorder=U&cycle=All
39
“Pharmaceutical Manufacturing: Long-Term Contribution Trends,” Center for Responsive Politics, 2013, http://www.opensecrets.org/industries/
totals.php?ind=H4300
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