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Drug Lobby Holds Sway in New Jersey's Legislature.
Byline: Lewis Krauskopf
Apr. 25--Facing a daunting budget deficit last year, Governor McGreevey proposed a plan to save on the state's prescription drug programs.
The "preferred drug list" would encourage pharmaceutical companies to lower prices to get their products on the roster.
New Jersey's pharmaceutical industry didn't like it, and the idea -- also opposed by some patient groups -- eventually was dropped in favor of alternatives the state said would realize the same savings.
The value of a preferred drug list for New Jersey is a matter of debate, as is how great the industry's role was in squashing it.
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