Thursday, August 12, 2004

Best President Money Can Buy--Part 2

From today's Progress Report from the American Progress Action Fund:

COMPANIES FIGHTING REIMPORTATION GAVE BIG TO BUSH: The Kansas City Star reports that Eli Lilly, Glaxo SmithKline and Pfizer are at the forefront of the fight against reimportation, taking the ethically questionable step of restricting supplies of medicine to keep prices high. Pfizer, for instance, has restricted supplies of the cholesterol drug Lipitor because, as one industry spokesman said, the industry must "protect the huge investment they make developing new drugs." What he didn't say was that Lipitor and many other medicines now being held hostage were originally developed with billions of dollars of taxpayer money. The Bush administration, meanwhile, has done nothing, instead pocketing huge campaign contributions from these three companies. Pfizer's CEO is a Bush Pioneer (someone who has raised over $100,000), Pfizer executives have given the Bush campaign more than $110,000, and the company has given the RNC more than $2.5 million in soft money since 2000. Eli Lilly executives have given the Bush campaign more than $53,000, and the company has given the RNC more than $1.4 million in soft money since 2000. And Glaxo executives have given the Bush campaign more than $23,000, while the company has given the RNC more than $1.4 million in soft money since 2000.

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