Pharma may be giving big bucks to presidential candidates--$9.1 million so far--but it's surpassed by 16 other industries, according to the Center for Responsive Politics. Individual contributions accounted for $3.8 million of that total, with the rest coming from PACs. And the money has been split 51/49 between Democrats and Republicans.
What's more interesting, though, is how that money divides among the candidates themselves. Hillary Clinton has brought in $349,270 from pharma and health products companies, barely edging Barack Obama with $337,525. Now-history candidates Mitt Romney and Rudy Giuliani nabbed $318,226 and $165,675, respectively. The putative Republican nominee, John McCain, captured a comparatively paltry $97,597--proving that, when you call an industry the "bad guys," it's not likely to write you a big check in thanks.
- read our analysis [1] of the candidates' positions on pharma issues
- see pharma's giving history [2] at CRP
- check out the organization's candidate breakdown [3]
- watch the YouTube video [1] of McCain talking pharma during the NH debate
Related Articles:
The 2008 Election: What does it mean for drugmakers? Report [4]
Pharma lobbies big-time in '07. Report [5]
Drug lobby stalls pro-generics bill. Report [6]
Links:
[1] http://www.youtube.com/watch?v=AZ1N0adp0TE
[2] http://www.opensecrets.org/industries/indus.asp?Ind=H04
[3] http://www.opensecrets.org/pres08/select.asp?Ind=H04
[4] http://www.fiercebiotech.com/story/2008-election-what-does-it-mean-drugmakers/2008-02-06
[5] http://www.fiercepharma.com/story/pharma-lobbies-big-time-07/2007-09-19
[6] http://www.fiercepharma.com/story/drug-lobby-stalls-pro-generics-bill/2007-11-13