These Senators received the biggest checks from pharma companies testifying today:
, the pharma executives are expected to be asked to explain price tags that can total as much as a worker’s salary. For example, according to a press release from Sen. Grassley's office, Sanofi’s insulin has riseneanwhile AbbVie’s psoriasis/Crohn’s disease/rheumatoid arthritis drug Humira has fended off cheaper generic competition for over 20 years.
These donations make up only a small percentage of the total contributions pharmaceutical company PACs spend on elections. Between 2017 and 2018 alone, Pfizer contributed over $2 million to federal election campaigns--Merck and Abbvie both spent nearly $1.2 million. Beyond the company PACs, a few of the CEOs testifying Tuesday have made individual contributions to some of the senators who sit on the finance committee. Merck CEOhas spent some $90,000 on federal election campaign contributions in the last decade, $40,000 of which has gone toward current members of the finance committee. In the last six months he donated $5,000 to the campaign committees of Senator Mark Warner, Democrat of Virginia, and $3,900 to Senator Tom Carper, Democrat of Delaware.
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