Opponents Of Drug Price Ballot Initiative Sink $50M Into Fight 8 Months From Election
The California Drug Price Relief Act's supporter has raised a little more than $4 million, making it one of the most expensive state ballot measures in the past 15 years.
Drug Industry Raises Nearly $50M To Fight Prescription Pricing Ballot Measure
Opponents of a November ballot initiative intended to lower prescription drug costs in California have already raised nearly $50 million, putting the measure on track to become one of the most expensive fights in recent years. (Plevin, 3/15)
Big Pharma Dumps Big Money Into Fight Against Prescription Drug Measure
Pharmaceutical companies continue to pour cash into their campaign to defeat a California ballot measure that would limit prescription drug prices, a new campaign finance analysis shows. An analysis by MapLight, a nonpartisan organization that tracks money in politics, says the pharmaceutical industry has poured $49 million into the effort to defeat a ballot measure that would limit how much the state can pay for prescription drugs it purchases for a range of people, from those in prisons to Medi-Cal enrollees. (Orr and Brekke, 3/15)