FierceBiotechFierceBiotechResearchFierceBiotechITFierceVaccinesFiercePharmaFiercePharmaManufacturing   FierceHealthcare

Free Newsletter

About | View Sample | Privacy

Millennium spent $1.3M on lobbying

According to public records, Millennium Pharmaceuticals spent $1.3 million in 2007 lobbying the federal government on patent reform and biotech drug regulation. A bill--currently in the Senate--had drawn the ire of pharmaceutical companies. Among other things, the bill calls a reduction in the number of patent infringement lawsuits and the institution of a post-approval patent re-evaluation process. Pharma companies fear that such a law would weaken patent protection. Amgen also spent a chunk of money lobbying against the patent bill.

Millennium also lobbied for legislation that would pave the way for approval of generic biotech drugs. You can bet Amgen wasn't with them on that one.

- see this Forbes article
- read the AP report on Amgen's activities

ALSO: Pharma may be giving big bucks to presidential candidates--$9.1 million so far--but it's surpassed by 16 other industries, according to the Center for Responsive Politics. Report

Related Articles:
Pharma lobbies big-time in '07. Report
Drug lobby stalls pro-generics bill. Report
Amgen ups lobbying efforts. Report
Abiomed shells out $100,000 to lobby feds. Report

More stories about pharmacovigilance   pharmaceutical companies   patent   Millennium Pharmaceuticals   biotech drugs   Amgen  

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.

More information about formatting options

To combat spam, please enter the code in the image.