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Pharmaceutical Group Chiefs March to Individual Beats
This is an interesting article on the history of leadership at the Pharmaceutical Research and Manufacturers of America (PhRMA), the trade group for the drug industry. Critser notes that the PhRMA leadership has often taken stands that had pro-consumer results (and cut against the industry’s own interests). “[The PhRMA leaders approach to issues] often flows from individual political beliefs as much as from political connections and industry obligations.”
Perhaps this will help to slow the media rush to demonize the industry, and force pundits take a closer look at the nuances in how companies actually conduct themselves – as opposed the reigning caricature of greedy drug barons who are oblivious to their public obligations.
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