Similar Stories to The Drug Industry Is Pretty Much Coasting on Bing News

APWASHINGTON — Less than six months ago, President Trump stood at a podium and roiled the pharmaceutical industry with an emphatic declaration that its executives are “getting away with murder.” If Congress has its way, the same president will soon sign into law a massive package that is at the top of the industry’s wish list: a reauthorization of drug makers’ funding agreements with the Food and Drug Administration. At least so far, the powerful pharmaceutical industry has managed to keep the package that is speeding toward Trump’s desk free of any controversial policy changes that could threaten the industry’s business model — as well as any partisan add-ons that could jeopardize its smooth, overwhelmingly bipartisan trip through the policymaking process. That progress is a testament to an often-overlooked truth in Washington these days: Despite frustration over high drug prices and partisan brawling over health care legislation, the pharmaceutical industry has been carrying on with business as usual, scoring some early legislative victories, and reminding lawmakers why it is one of the most influential groups on Capitol Hill. At the same time, an executive order on drug prices being crafted by the White House may prove far more favorable to industry than Trump’s campaign rhetoric would have suggested, according to documents obtained by Kaiser Health News. The industry’s recent successes are the result in no small part of its shrewd and penetrating advocacy strategy — and, of course, the money it puts into that effort. Drug lobbyists are “on the job every minute, every day,” Rep.

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