Bill Clinton Quotes


The pharmaceutical industry is spending $1 billion more each year on marketing and lobbying than it does on developing new and better drugs.


Citations

William Clinton, 42nd President of the United States (Democrat, AR), Speech, Arlington, VA, February 12, 1993

Sourced by: Eigen's Political and Historical Quotations

Related Quotes

The “inflated prices” refers to the fact Americans pay more for pharmaceuticals than any other country in the world as the American government allows the companies to charge any amounts while other governments either negotiate or mandate much lower prices.


The major killer diseases such as malaria and sleeping sickness are not contracted by Americans, and America is the only large country in the world where the Governments allow the drug companies to charge such high prices and make such huge profits. So any drug that Americans might pay for is a better potential profit generator than one that would be critical to the lives of millions where the governments to preserve lives would force the prices down or allow other companies to also make the drug. See {628648} for other factors affecting drug company priorities.


Bill Clinton
Bill Clinton
  • Born: August 19, 1946
  • Nationality: American
  • Profession: 42nd American President

William Jefferson "Bill" Clinton is an American politician who was the 42nd President of the United States from 1993 to 2001. Clinton was previously Governor of Arkansas from 1979 to 1981 and 1983 to 1992, and the Arkansas Attorney General from 1977 to 1979. Clinton was born William Jefferson Blythe III – he changed to his stepfather's name at age 15.