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Drug CEOs Switch Tactics on Reform

by admin on May.27, 2009, under Healthcare, News, Political

Pharmaceutical Companies Join Health-Care Overhaul, Hoping to Influence Where Costs Are Cut

By JONATHAN D. ROCKOFF

Drug-company executives are aiming to prevent steep cuts in prescription prices by joining the effort to overhaul the U.S. health-care system.

Their approach contrasts sharply with their behavior 15 years ago, when they helped defeat President Bill Clinton’s reform efforts from the outside. “This is not the 1990s, when the industry was playing defense,” says John Lechleiter, Eli Lilly & Co.’s chief executive. “We’re playing offense. We’re at the table.”  click here for more


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