drug

House Considers Ending Tax Benefit on Rx Drug Advertising; Rangel Eyes $37 Bil. for Health Reform

House Ways and Means Committee chairman Charles Rangel said he wants to end the tax deduction on prescription drug advertising and by doing so raise $37 billion to pay for healthcare reform. The most curious thing about the report is the idea that drug companies spend $37 billion on ads. They don't.

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BNET Pharma

J&J Is Biggest Spender on Military Prescribing Junkets

Johnson & Johnson was the biggest spender on free travel for Pentagon medical officials -- junkets to conferences that have since been banned for some military staff. Drug and device companies spent $10 million sending Pentagon medical officials on free trips, according to a review of travel expense claims by the Center for Public Integrity.

From: 
BNET Pharma
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