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...think it will have a particularly big impact," says Eric Schmidt, equity analyst at Cowen and Co., an investment bank. "The companies have already started scaling back their marketing budgets, and they've tended to direct advertising into more established brands." According to Jon Swallen, a research analyst at TNS Media Intelligence, pharmaceutical companies spent about $4.7 billion in magazine and television advertising in 2008, a 10.7% drop from 2007. And only about 15% of DTC ads are for drugs that are less than a year...
...forced delay would certainly endure a First Amendment challenge. "In free-speech areas, government management of speech, even if it's commercial speech, should always be the last resort," says Billy Tauzin, a former Republican Congressman from Louisiana who now runs Pharmaceutical Research and Manufacturers of America, the industry's trade association. Banning tobacco ads is one thing - cigarettes can kill you. But these are prescription drugs we're talking about. They at least have the potential to save you, right? (See the top 10 video moments of campaign...
Funding for the NIH and the NSF stagnated during the Bush administration, which, combined with the rising cost of research and inflation, resulted in a decrease in funding from 2003 until now. We applaud the Obama administration for reversing this disastrous trend and reaffirming the federal government’s support for scientific research...
...were in the middle of a broccoli field covered in mud,” said Alison M. Forsyth, a research assistant in the School of Engineering and Applied Sciences and a co-chair of the project...
What about the spending provisions in the various plans? Again, there has been an Alice in Wonderland quality to much of the criticism, as if Keynes were a fraud and government spending couldn't possibly create jobs - especially spending on biomedical research or education about STDs or any other programs that sound vaguely liberal and exotic. But biomedical research jobs are real jobs. So are jobs beautifying the Mall and warning teenagers about herpes. So are jobs building and engineering rail lines for Amtrak, regardless of the company's current profitability. Granted, some spending proposals would work faster and better...