The Drug Industry Threatens To Oppose The Health Bill

The Associated Press reports that in the wake of President Obama’s decision to push for a shorter period of exclusivity for biologics, the drug lobby is threatening to walk away from its deal to support the bill:

More on Obama and the Biotech Industry

It was a surprise indeed. Most people had figured that the biologic drug industry had sealed the deal for 12 years of protection from generic competition when it succeeded in getting language to that effect in both the House and Senate health care bills. Although President Obama had supported shorter protection of seven years,* there [...]

Health Care: Is Obama Taking on the Biotech Industry?

A while back, Michael Scherer and I wrote this story about how the biotech industry has been one of the big winners in the health care debate. Maybe not so much, it now appears. The New York Times reports that President Obama may be making a last stand to bring lower-cost generic biologics to market [...]

Health Reform: How The Drug Companies Won A Big One

$609,000 a day. That’s how much the drug and biotech companies have been spending to influence Congress in the health reform debate, more than any other industry. So it’s no surprise that they have been extraordinarily successful. In the upcoming issue of dead-tree TIME, Michael Scherer and I look behind the scenes at the fight [...]