[sparkscoffee] Big Pharma money trying to defeat CA Proposition 61

  • From: R George <xgeorge@xxxxxxx>
  • To: undisclosed-recipients: ;
  • Date: Mon, 3 Oct 2016 16:14:36 -0700

*No on 61 has outraised supporters six-to-one. As of October 2, 2016, opponents have raised $86.9 million,
while Californians for Lower Drug Prices has received $14.6 million. The top ten donors to No on 61 are all
pharmaceutical companies or companies with interests in the pharmaceutical drug industry. Over 99 percent
of contributions to Californians for Lower Drug Prices came from the AIDS Healthcare Foundation. Polls indicate
support for Proposition 61 to be around 69.5 percent.*
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Drug companies making enormous profits from people's illnesses and misery isn't Just a moral issue. Skyrocketing prescription drug prices are a matter of life and death. More Americans die of hepatitis C than from all other infectious diseases — EVEN THOUGH THERE'S A CURE, One reason? The drug company that controls it charges more than $1,000 per pill, out of most patients' reach.

That's not the only outrageous example of drug-company price-gouging:

The price of a common infection-fighting pill was raised overnight from $13.50 to $750 — nearly a 5000% increase,

The average annual cost of widely-used specialty drugs is estimated at $53,000 — greater than the nation's median household income ($52,000) and almost 3 1/2 times larger than average annual Social Security benefits of $15,000.
One cancer drug costs $300,000 a year.

The drug companies put profits over people, returns for stockholders over cures for patients. What good are miraculous, life-saving medications, if they're priced so high patients can't afford them — and thousands are dying as a result?
Proposition 61, The California Drug Price Relief Act, fights back against the drug companies' price-gouging. And it is expected to save lives. *Here's how it would work: The Act would require the State of California to negotiate with drug companies for prices that are no more than the amounts paid for the same drugs by the U.S. Dept. of Veterans Affairs (DVA).*

*Why the Dept. of Veterans Affairs? Because unlike Medicare, the DVA negotiates for drug prices, and pays on average 20-24% less for medications than other government agencies, up to 40% less than Medicare Part D. The Drug Price Relief Act empowers the State of California, as the healthcare buyer for millions of Californians, to negotiate the same or even better deals for taxpayers, which could save billions in healthcare costs.*

*Drug companies are planning to spend $100 million to fight this measure because they know It would cause downward pressure on ALL drug prices — and cut into their excessive profits.*
Don't just take our word for it, a publication for drug executives called Prop. 61 "GROUND ZERO" in the national fight for lower drug prices, warning:
"If the voters of California approve this proposition ... [it] would no doubt cause an immediate demand for the same VA discount rate to be made available to other states, the federal government, and likely private [health plan] entities, as well. IN SHORT [IT] WOULD BE A PRICING DISASTER FOR THE ENTIRE U.S. DRUG INDUSTRY."

But a "pricing disaster" for drug companies would equal price relief for hard-pressed consumers.

Prop. 61 is strongly supported by the 86,000-member California Nurses Association the largest healthcare-provider organization in the state; AARP, the largest retirees' group in California, with 33 million members; the Urban League; the Campaign for a Healthy California, including many labor unions; Progressive Democrats of America; Sen. Bernie Sanders; former U.S. Labor Secretary Robert Reich; and many others.

JOIN US IN FIGHTING AGAINST HIGH DRUG PRICES AND DRUG COMPANY GREED. VOTE YES ON PROPOSITION 61. For more information, go to

www.StopPharmaGreed.com.

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