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Article

23 Jul 2001

Author:
Public Citizen

New Report Debunks Drug Industry Claims About the Cost of New Drug Research and Development [USA]

Second Report Documents Industrys Intense Lobby and Political Contribution Campaign to Keep Prices and Profits High - The pharmaceutical industry spends about one-fifth of what it says it spends on the research and development (R&D) of new drugs, destroying the chief argument it uses against making prescription drugs affordable to middle and low-income seniors, a Public Citizen investigation has found.