Log in to your IBTimes Account

close
ID
Password
  • Set your IBTimes.com Edition

Cephalon spent $512,000 on lobbying in first quarter



By AP
16 May 2008 @ 12:41 pm ET

WASHINGTON - Biotech drugmaker Cephalon spent more than $512,000 lobbying the federal government in the first quarter, according to a government disclosure form.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
CEPH 55.94 1.7

Cephalon lobbied in favor of more funding for the Food and Drug Administration, which reviews the safety of all new medicines in the U.S.

The Frazer, Pa.-based company lobbied Congress on a bill aimed at updating the U.S. patent system. Software and computer companies supported the bill that passed the House last year, saying it would cut down on frivolous patent-infringement lawsuits. But the pharmaceutical industry argued it would weaken patent protections on drugs by reducing infringement penalties. The bill has stalled in the Senate.

Cephalon also lobbied for new standards for alcoholism treatments. The company markets the drug Vivitrol, a monthly injectable treatment for alcoholism.

Along with Congress, Cephalon lobbied the Federal Trade Commission, the White House and the National Institutes of Health.

Cephalon disclosed its lobbying spending in a form filed April 21 with the Senate's office of public records.

Copyright 2009 The Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

*Name


advertisement
More Industries
Warren Buffett's Berkshire Hathaway Inc said it plans to limit the amount of business underwritten by its reinsurance operations, as it prepares to spend...
California was awarded $19.5 million in a settlement against Royal Dutch Shell Plc's U.S. unit for not storing fuel properly at filling stations in the s...
Citigroup Inc said on Friday that new accounting rules for securitization trusts may prevent the bank from funding some of its assets with a top debt rat...

advertisement
Advertisement
POS Magnetic Card Readers

Online distributor for point of sale equipment, TYSSO and Pegasus.

 
IBTimes.com Web
Partners
International Business Times© 2009 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives