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Pfizer Is The Most Powerful Political Lobbyist Of The Pharmaceutical Industry

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Pharmaceutical companies have trade in health - a basic need and ideally a basic right for all people. Apparently, the work of investors who have come up with possible cures for terminal illnesses like cancer, AIDS etc., poses a serious threat to the position and financials of large pharmaceutical companies. Having two main influence levers - money and connections – drug companies can easily get their voices heard within political arenas, because economic and political interests are always entangled. Pfizer is one of the top most powerful political lobbyist of the pharmaceutical industry (see Exhibit 1), and it is constantly using this power to influence the making of regulations, laws and policies. The network of influence is very broad: Pfizer
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