Nutrition Group Has Close Ties to Food, Pharma Companies
A large U.S. nutrition group and its foundation have a “symbiotic” relationship with the food and pharmaceutical industries, according to public health researchers. In an analysis of documents obtained via a freedom of information request, key leadership for the Academy of Nutrition and Dietetics (AND) hold important positions in multinational food and agribusiness companies, according […]
PhRMA Warns of Dire Consequences if Medicare Allowed to Negotiate Drug Prices
WASHINGTON — Pharmaceutical industry representatives said Wednesday that proposals now being considered on Capitol Hill to lower patients’ prescription drug costs likely will have damaging effects on new drug development and on patients’ access to new medications. As part of a $3.5 trillion infrastructure bill, “lawmakers want to offset this amount of new spending by […]
House Report Spotlights Drug Company Stock Buybacks, High Salaries
WASHINGTON — Pharmaceutical companies spend lavishly on stock buybacks and executive salaries even as Americans struggle to pay for their high-cost prescription drugs, Democratic House members said. “For too long, Big Pharma has charged patients in this country exorbitant prices for critically needed drugs,” said Rep. Carolyn Maloney (D-N.Y.), chairwoman of the House Oversight and […]