The Senate Health, Education, Labor, and Pensions (HELP) Committee held a historic hearing bringing together CEOs of major insulin manufacturers (Eli Lilly, Novo Nordisk, Sanofi) and executives from the three largest PBMs (CVS Caremark, Express Scripts, OptumRx) to examine soaring insulin prices. …
Bernie SandersSenate HELP CommitteeLars Fruergaard JorgensenPaul HudsonHeather Cianfrocco+6 morehealthcarepbmpharmacyinsulindrug-pricing+2 more
On January 24, 2018, the Senate confirmed Alex Azar as Secretary of Health and Human Services by a vote of 55-43, installing as the nation’s top healthcare regulator a pharmaceutical executive who had overseen dramatic insulin price increases during his decade at Eli Lilly. As President of …
Alex AzarEli LillyDepartment of Health and Human ServicesRon WydenDonald Trumprevolving-doorregulatory-capturehealthcarepharmaceutical-industryinsulin-pricing+3 more
In January 2017, diabetes patients filed a federal antitrust class action lawsuit alleging that the three pharmaceutical manufacturers controlling 99% of the U.S. insulin market—Eli Lilly, Novo Nordisk, and Sanofi—conspired to raise insulin prices in near-lockstep coordination, increasing prices by …
Eli LillyNovo NordiskSanofiCVS CaremarkExpress Scripts+1 morehealthcarepharmaceutical-price-gougingantitrustcorporate-crimeregulatory-capture
The average price of insulin in the United States began a decade-long tripling from $231 per patient annually in 2002 to $762 in 2013, according to congressional hearing data—with some patients paying up to $900 per month for insulin products that cost $4.34 per milliliter in 2002 but reached $12.92 …
Eli LillyNovo NordiskSanofiCongressional Diabetes CaucusBig Pharmapharmaceutical-industrydrug-pricinghealthcaremonopolyinsulin-crisis+1 more
By 1984, ALEC’s corporate membership had grown so rapidly that Executive Director Kathleen Teague reported corporations were overwhelming the organization’s capacity. Major corporations supporting ALEC that year included Edison Electric Institute, Procter & Gamble Co., Mary Kay …
American Legislative Exchange Council (ALEC)Kathleen TeagueEdison Electric InstituteProcter & GambleEli Lilly+5 morecorporate-capturelegislative-capturealeccorporate-membershiplobbying+1 more
The American Enterprise Association (AEA) moves its main offices from New York City to Washington, D.C. in 1943 to more effectively oppose the New Deal and capitalize on Congress’s need for help making sense of its vastly increased wartime portfolio. AEA was founded in 1938 by a group of New …
American Enterprise AssociationLewis H. BrownJohns-Manville CorporationHenry HazlittBristol-Myers+5 moreamerican-enterprise-instituteaeithink-tanksnew-deal-oppositioncorporate-funding+1 more