WSJ picks up my BrandweekNRX story on Pfizer CEO supporting Hillary.
Pfizer CEO Jeff Kindler has donated a couple grand to Hillary Clinton’s presidential campaign, a post over on Brandweek NRX points out.
Not terribly surprising, perhaps, given Clinton’s new ideas on health care, and Kindler’s history of donating to Democrats. But it’s sure a switch for Pfizer’s top brass. Kindler’s predecessor Hank McKinnell showered his dough on Republicans (with few exceptions), according to data from the Federal Election Commission. (Enter “McKinnell” on this page at the FEC to see for yourself.)
But it’s always interesting to learn how pharma fat cats are using their cash to play politics — especially at a time when Washington’s buzzing about health care. So the Health Blog did a little digging at this Center for Responsive Politics web site to see what other drug company CEOs are up to. Here are a few interesting tidbits:
- Pfizer’s Kindler isn’t afraid to put some money on a longshot — in addition to giving $2,300 to Clinton, he gave $2,300 to Chris Dodd, a presidential candidate and senator from Kindler’s current home state, Connecticut. Dodd’s chances of becoming president are about the same as torcetrapib becoming Pfizer’s next blockbuster.
- Amgen CEO Kevin Sharer has been ladling out gravy left and right — $26,000 to the Republican Senatorial and Congressional campaign committees, and another $26,000 to the Democratic Senatorial and Congressional campaign committees. On top of that, he’s given to Hillary Clinton, John McCain, Mitt Romney and assorted senators. Makes sense for a guy running a company whose cash-cow anemia drugs have been facing lots of scrutiny in Washington.
- Abbott Laboratories’ Miles White, on the other hand, is a party-line man. He gave $15,000 to the Republican Party of Illinois (where Abbott is headquartered), $5,000 to the National Republican Congressional Committee, and smaller donations to Senator Ted Stevens (R-Ak.), Congressman Mark Kirk (R-Ill.) and Republican presidential candidate Mitt Romney.
The data go back to the beginning of this year, and were downloaded from the SEC on Sept. 24. So there may be some donations that aren’t captured here.