drug industry

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 over …

Obama’s Secret Deal With The Drugmakers

Shrewd politics–or cynical ones? In today’s NYT, David Kirkpatrick shines a light on the secret deal that the Obama White House made with the pharmaceutical industry to keep it at the table in health reform negotiations. It turns out that even as they were applauding their deal to find $80 billion in savings, they weren’t telling us …