PhRMA, the trade association forthe U.S.'s top drug makers, spent more than $6 million to lobbyCongress and the Trump administration in the fourth quarter,(Photo: Shutterstock)
The pharmaceutical industry's leading trade group disclosed Tuesday that ithad spent a record $27.5 million on lobbying in 2018, $1.4 millionmore than in 2009, when Congress and the White House created theAffordable Care Act, the health-care overhaulbetter known as Obamacare.
The surge in spending by the PharmaceuticalResearch and Manufacturers of America came as the industry failedto win a last-minute legislative fix that would have reduced itsshare of outlays in a popular Medicare program, and as it preparedfor what could be its most challenging year in decades.
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