Parler
Gab
“With Robert F. Kennedy Jr. slated to take the top spot at the U.S. Department of Health and Human Services (HHS) under President-elect Donald Trump, some in the biopharma industry are concerned about his tenure’s possible impacts on companies’ direct-to-consumer outreach. RFK Jr. has previously expressed a desire to put a stop to DTC pharma ads in the U.S.—which is one of only two countries in the world, along with New Zealand, where prescription drugs can be directly advertised to consumers… In a report Sunday, research firm Intron Health suggested that such a ban represents a major risk of RFK Jr.’s (still to-be-confirmed) HHS leadership for the biopharma industry. “Whilst we have a relatively benign view of RFK’s impact on the Pharma industry, one thing that does worry us is the potential for the US government to ban DTC advertising of drugs,” Intron wrote, adding, “We see this as the biggest imminent threat from RFK and the new Trump administration.”* The analysts noted that because the return on investment for DTC drug ads is quite high—with “estimates ranging as high as 100%-500%, depending on the drug”—pharmas will “almost certainly” see their drug sales take a hit from a DTC ban, even as they save money on marketing spending.”*The fact that industry lobbying groups, which are presumably in a position to know, view a simple, anodyne reversal on DTC advertising, which would bring the United States in line with literally the rest of the planet policy-wise, as the “biggest imminent threat” just shows how neutered RFK Jr. and Trump might turn out to be. We’ll know for sure if that prediction bears out in short order. Read more at: ArmageddonProse.Substack.com
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