The pharmaceutical industry’s PAC money continues to favor Obama over McCain! The chart below compares donations as of July 28, 2008 with those as of September 2, 2008. Pharma PAC contributions to Obama grew by 6.1% during this period, whereas contributions to McCain grew by 4.6%. Obama has now received just about 2X more pharma PAC money as has McCain!
What does it all mean? Is Obama better for pharma? What do YOU think? Who do you intend to vote for?
If you haven’t given me your opinion on Obama vs. McCain yet, please take 2 minutes to respond to the survey, which you can find here. If you have already taken the survey and wish to change your response (especially if you were undecided before and have now made up your mind who to vote for), you can go back and change your response as long as you are using the same computer and have not deleted cookies.
As always, you can remain anonymous or you can identify yourself if you wish to be quoted in a Pharma Marketing News article I plan to write for the October, 2008 issue. I keep all comments confidential and, if I quote someone, I always let them review it before publication.
METHODOLOGY: The totals on these charts are calculated from PAC contributions and contributions from individuals giving more than $200, as reported to the Federal Election Commission. Individual contributions are generally categorized based on the donor’s occupation/employer, although individuals may be classified instead as ideological donors if they’ve given more than $200 to an ideological PAC.