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“The drug industry is threatening to end its support for President Barack Obama’s health overhaul effort because of a rift with the administration over protecting brand-name biotech drugs from low-cost generic competitors…

“Obama and House Energy and Commerce Committee Chairman Henry Waxman, D-Calif., are leading the drive to shorten that period, which proponents argue would be a boon to consumers.

“Please activate immediately all of your contacts,” said the e-mail from Billy Tauzin, the group’s president…

“Drug companies should profit from the millions of additional people who would be able to afford health coverage under the legislation.”

WATCHDOG: Growl!  Everything for them, nothing for the public!

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Updated: January 16, 2010 — 8:31 pm