{"id":2234502,"date":"2024-05-01T12:14:02","date_gmt":"2024-05-01T16:14:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jacky-rosen-pledges-to-combat-overpriced-drugs-as-she-rakes-in-cash-from-big-pharma\/"},"modified":"2024-05-01T12:16:16","modified_gmt":"2024-05-01T16:16:16","slug":"jacky-rosen-pledges-to-combat-overpriced-drugs-as-she-rakes-in-cash-from-big-pharma","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jacky-rosen-pledges-to-combat-overpriced-drugs-as-she-rakes-in-cash-from-big-pharma\/","title":{"rendered":"Jacky Rosen Vows to Fight Pricey Drugs While Receiving Funds from Big Pharma"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjacky-rosen-pledges-to-combat-overpriced-drugs-as-she-rakes-in-cash-from-big-pharma%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2234502&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Senator Jacky Rosen, known for her\u2062 stance against escalating\u2063 drug prices, has \u200breceived significant campaign \u200bcontributions from pharmaceutical\u200c companies. These ties, along with her \u2062stock investments in the industry, have drawn \u200dattention and \u200ccriticism, potentially impacting her \u2064upcoming \u200dreelection campaign in 2024. The Senator faces scrutiny \u200band potential charges of hypocrisy due\u200b to these associations, amidst a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ftc-expands-its-power-to-penalize-powerful-companies\/\" title=\"FTC Expands Its Power to Penalize Powerful Companies\">shifting political landscape<\/a> in \u2064Nevada.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div>\n<p>Sen. Jacky Rosen boasts that she &#8220;took on big drug companies&#8221; to stop them from jacking up prices. The Nevada Democrat also took on close to a quarter million dollars in donations from those same companies.<\/p>\n<p>Since winning her first term in the Senate in 2018, Rosen has raked in nearly $250,000 in campaign contributions from a group of 25 pharmaceutical political action committees, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dem-cheri-bustos-diverts-post-office-aid-cash-to-own-campaign\/\" title=\"Dem Cheri Bustos Diverts Post Office Aid Cash to Own Campaign\">campaign finance disclosures show<\/a>. That cadre includes several companies suing to block Medicare from negotiating <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/what-you-need-to-know-about-trumps-latest-drug-pricing-moves\/\" title=\"What You Need To Know About Trump\u2019s Latest Drug Pricing Moves\">lower drug prices<\/a>, one of the policies Rosen touts in a new <a href=\"https:\/\/www.instagram.com\/reel\/C51s2FzvEc3\/\" target=\"_blank\" rel=\"noopener\">campaign ad<\/a> highlighting her fight against Big Pharma.<\/p>\n<p>The senator has also made a tidy profit from investments in many of those same pharmaceutical companies, earning dividends upwards of $50,000 from the industry throughout her time in Congress.<\/p>\n<p>Rosen\u2019s ties to drug companies could open her up to charges of hypocrisy as she braces for what could be one of the tightest Senate races in 2024. The Cook Political Report <a href=\"https:\/\/thehill.com\/homenews\/campaign\/4572534-cook-political-report-shifts-nevada-senate-race-toward-republicans\/\" target=\"_blank\" rel=\"noopener\">shifted its rating<\/a> of the race from &#8220;lean Democrat&#8221; to &#8220;toss up&#8221; in early April following strong polling by Rosen\u2019s likely Republican opponent, Army veteran Sam Brown. And though Democrats carried Nevada in the 2016 and 2020 presidential elections, former President Donald Trump has <a href=\"https:\/\/projects.fivethirtyeight.com\/polls\/president-general\/2024\/nevada\/\" target=\"_blank\" rel=\"noopener\">consistently outperformed<\/a> President Joe Biden in state polling since October.<\/p>\n<p>Among Rosen\u2019s pharmaceutical backers is Amgen, a California-based company that charges $17,900 per month for a <a href=\"https:\/\/www.foxbusiness.com\/healthcare\/new-drugs-coming-market-sky-high-prices\" target=\"_blank\" rel=\"noopener\">lung cancer treatment<\/a> and has raised prices on Enbrel, an arthritis medication used by seniors, by at least 457 percent since acquiring the drug in 2002, the House Oversight Committee <a href=\"https:\/\/www.csrxp.org\/two-birds-of-a-feather-big-pharma-price-hikers-to-join-forces-in-largest-health-care-merger-of-the-year\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> in 2020. Amgen PAC has <a href=\"https:\/\/www.fec.gov\/data\/receipts\/?data_type=processed&#038;committee_id=C00606939&#038;committee_id=C00654475&#038;committee_id=C00772517&#038;contributor_name=C00251876\" target=\"_blank\" rel=\"noopener\">contributed<\/a> $8,500 to Rosen\u2019s campaign since 2018, and the Nevada Democrat owns up to $50,000 in Amgen stock, according to her latest financial disclosure.<\/p>\n<p>Rosen also reported owning stock in Viatris, a pharmaceutical company that in February 2022 paid a $264 million settlement over its move to raise the price of its EpiPen allergy treatment from $100 to $600 in 2008, which <a href=\"https:\/\/www.reuters.com\/business\/healthcare-pharmaceuticals\/viatris-settle-epipen-antitrust-litigation-264-million-2022-02-28\/\" target=\"_blank\" rel=\"noopener\">sparked<\/a> a national debate about drug prices in the United States. And in 2016, when Viatris was known as Mylan, the company paid a $465 million <a href=\"https:\/\/www.justice.gov\/opa\/pr\/mylan-agrees-pay-465-million-resolve-false-claims-act-liability-underpaying-epipen-rebates#:~:text=Pharmaceutical%20companies%20Mylan%20Inc.,Mylan%20Inc.\" target=\"_blank\" rel=\"noopener\">settlement<\/a> for overcharging Medicaid for EpiPen treatments.<\/p>\n<p>Jazz Pharmaceuticals, a company that <a href=\"https:\/\/www.businessinsider.com\/jazz-drug-price-increase-841-percent-drug-regulators-2016-11\" target=\"_blank\" rel=\"noopener\">increased<\/a> the price of its narcolepsy medication Xyrem by 841 percent from 2007 to 2014, is also a top Rosen contributor, <a href=\"https:\/\/www.fec.gov\/data\/receipts\/?data_type=processed&#038;committee_id=C00606939&#038;committee_id=C00654475&#038;committee_id=C00772517&#038;contributor_name=C00721811\" target=\"_blank\" rel=\"noopener\">doling<\/a> out $10,000 to her campaign since 2022. Rosen owns up to $50,000 in Jazz Pharmaceuticals stock as of the end of 2022.<\/p>\n<p>The Rosen campaign would not say if the Nevada Democrat will continue to invest in and accept contributions from the pharmaceutical industry.<\/p>\n<p>&#8220;Unlike her extreme opponents, Senator Jacky Rosen has a consistent record of working to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/star-of-sen-mark-kelly-campaign-ad-called-white-men-single-greatest-domestic-terrorist-group\/\" title=\"Star of Sen. Mark Kelly Campaign Ad Called White Men 'Single Greatest Domestic Terrorist Group'\">lower prescription drug costs<\/a> for hardworking Nevadans. Jacky successfully took on the big drug companies to cap the cost of insulin at $35 per month and finally allow Medicare to negotiate for lower drug prices, and she will continue standing up against high drug prices that hurt Nevada families,&#8221; a Rosen spokesperson told the <em>Free Beacon<\/em>.\t<\/p>\n<p>Some of Rosen\u2019s top pharmaceutical donors are <a href=\"https:\/\/www.fec.gov\/data\/receipts\/?data_type=processed&#038;committee_id=C00606939&#038;committee_id=C00654475&#038;committee_id=C00772517&#038;contributor_name=C00097485\" target=\"_blank\" rel=\"noopener\">Merck<\/a>, <a href=\"https:\/\/www.fec.gov\/data\/receipts\/?data_type=processed&#038;committee_id=C00606939&#038;committee_id=C00654475&#038;committee_id=C00772517&#038;contributor_name=C00035675\" target=\"_blank\" rel=\"noopener\">Bristol Myers Squibb<\/a>, and <a href=\"https:\/\/www.fec.gov\/data\/receipts\/?data_type=processed&#038;committee_id=C00606939&#038;committee_id=C00654475&#038;committee_id=C00772517&#038;contributor_name=C00010983\" target=\"_blank\" rel=\"noopener\">Johnson &#038; Johnson<\/a>, all of whom are <a href=\"https:\/\/www.washingtonpost.com\/business\/2023\/06\/06\/merck-medicare-price-controls\/\" target=\"_blank\" rel=\"noopener\">suing<\/a> the Biden administration to put a stop to one of Rosen\u2019s <a href=\"https:\/\/www.instagram.com\/reel\/C51s2FzvEc3\/\" target=\"_blank\" rel=\"noopener\">top accomplishments<\/a>: the ability for Medicare to negotiate for lower drug prices. A district judge in New Jersey on Monday <a href=\"https:\/\/www.reuters.com\/legal\/jj-bristol-myers-lose-challenges-us-drug-price-negotiation-program-2024-04-29\/\" target=\"_blank\" rel=\"noopener\">rejected<\/a> the argument from Bristol Myers Squibb and Johnson &#038; Johnson that the policy amounted to an illegal seizure of company property.<\/p>\n<p>Rosen has a history of pushing policies that go against her interests. She introduced legislation that would <a href=\"https:\/\/freebeacon.com\/democrats\/jacky-rosen-wants-to-block-lobbyists-from-working-in-congress-she-has-a-penchant-for-hiring-them\/\" target=\"_blank\" rel=\"noopener\">prohibit<\/a> lawmakers from hiring former lobbyists, despite hiring several former lobbyists to serve as her senior policy advisers throughout her political career. She also <a href=\"https:\/\/freebeacon.com\/democrats\/jacky-rosen-says-corporate-landlords-are-hurting-her-constituents-as-she-takes-cash-from-their-execs\/\" target=\"_blank\" rel=\"noopener\">committed<\/a> to cracking down on corporate landowners jacking up rents on her constituents while raking in over $83,000 in campaign contributions from executives of one of America\u2019s largest corporate landowners.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senator Jacky Rosen claims to have challenged major pharmaceutical companies to prevent price increases while accepting almost a quarter of a million dollars in donations from them. Since her Senate victory in 2018, Rosen has accumulated nearly $250,000 in campaign funds<\/p>\n","protected":false},"author":108,"featured_media":2234503,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/freebeacon.com\/wp-content\/uploads\/2018\/07\/GettyImages-860604662-e1531163605175.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[],"class_list":["post-2234502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon"],"fifu_image_url":"https:\/\/freebeacon.com\/wp-content\/uploads\/2018\/07\/GettyImages-860604662-e1531163605175.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2234502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/108"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2234502"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2234502\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2234503"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2234502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2234502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2234502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}