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As Drug Maker Stocks Fall, Pressure Builds On PhRMA To Derail RFK Jr.

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Pfizer,RFK,Jr. Glaxosmithkline

Bruce Japsen has written about healthcare business and policy for three decades. He has covered the rise, fall and rise again of health reform, chronicling trends that include the influence of Bill and Hillary Clinton to Barack and Michelle Obama from Chicago where he's based.

What Can Happen To Your Brain And Spine When You Take A Slap Shot To The Neck? A Neurosurgeon Explainsthe U.S. Department of Health and Human Services. In this photo, the vaccine skeptic speaks during a hearing with the House Judiciary Subcommittee on the Weaponization of the Federal Government on Capitol Hill on July 20, 2023 in Washington, DC. PhRMA represents the biggest drug makers in the world, including Pfizer, GlaxoSmithKline, Johnson & Johnson, Merck & Co.

PhRMA is long known to have key ties to influential Republicans in Washington like U.S. Sen. Chuck Grassley, a 91-year-old Iowa Republican who has long held high-ranking roles on influential health committees including a one-time chairmanship of the Senate Finance Committee when he was younger. Kennedy will face a Senate Finance Committee hearing.

Though PhRMA’s statement on Thursday didn’t mention Kennedy other than to acknowledge he was nominated, it hinted at the industry’s importance to the economy.

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