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Comment on Trump Announces Crackdown On Drug Ads On TV, Potentially Disrupting Billions In Ad Spending by SouthBay
['Tyler Durden', 'Mac Slavo', 'Emric Egbert']
Comments for SHTF Plan
As noted above, the US is the only place, besides New Zealand, where pharma companies can directly advertise to consumers.
Drug companies spent $10.8 billion in 2024 on direct-to-consumer pharmaceutical advertising in total, according to a report from the advertising data firm MediaRadar.
Realizing that the new regulations meant a much higher return on investment, TV pharma ad spending surged, and so did chronic diseases, autism, and mental disorders.
Last year, 59% of the pharmaceutical industry’s expenditures were on TV advertising, making pharma the third-highest spending industry, according to MediaRadar.
Administration officials said they’d also be taking a closer look at advertisements from telehealth companies, which operate differently from traditional pharma companies.
['crackdown'
'media'
'pharma'
'advertising'
'spending'
'disrupting'
'companies'
'effects'
'potentially'
'tv'
'pharmaceutical'
'trump'
'billions'
'announces'
'regulations'
'ads'
'drug']