Detailed text transcripts for TV channel - CNN - 20100320:11:34:00
For more, 12 years and prevailed. their argument? development takes an average of 12 years and a billion plus dollars. >> if we want people to invest in new cures for cancer and diabetes and aids and all of that, then you have to make sure that they're going have some chance to get their return on their investment. >> reporter: and keeping them honest, brand name biologics had major reinforcements to make their case. last year, pharmaceutical manufacturers spent more than $263 million in lobbying. do the math, more than $721,000 a day. in 2008, they gave $30 million in campaign contributions, ...
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