Supplements industry injects $4.5bn into Romney presidential campaign

[ax1]

Supplements industry injects $4.5bn into Romney presidential campaign

19 July 2012
Nutritional and dietary supplements firms have funded Republican candidate Mit Romney’s US presidential campaign to the tune of $4.5 billion.

The funding comes at a time when the industry is in disagreement with the Food and Drug Administration (FDA) over plans to introduce more stringent regulation of dietary supplements.

Unlike the pharmaceutical industry, supplements firms are currently exempt from federal review of product safety and effectiveness before they are marketed.

The industry has faced a wave of political pressure to improve standards recently.

Earlier this month, Senators Dick Durbin and Richard Blumenthal said that they were “deeply concerned about the poor manufacturing standards that expose consumers to potentially serious health risks" and called for the $28 billion industry to state their plans to improve conditions.

Trade associations including the Natural Products Association and Council for Responsible Nutrition defended the safety record and ethical standards of the vast majority of the industry.

Supplements industry injects $4.5bn into Romney presidential campaign - News-content | Ingredients Network | Food Ingredients news powered by Fi & Hi Europe

 

[Delta Force]

I didn't know supplement industry had that kinda of money laying around to give out to just one presidential candidate, maybe $4.5M donated? even then thats still a lot of money.

If Romney cant win with that much money how much does it take to run a presidential campaign?

 

[ax1]

I didn't know supplement industry had that kinda of money laying around to give out to just one presidential candidate, maybe $4.5M donated? even then thats still a lot of money.

If Romney cant win with that much money how much does it take to run a presidential campaign?

Obama had over a billion dollars just for the coming election last year.

4.5 mill is pocket change to be honest.

 

[Geoforce]

Yeah, 4.5 million is basically nothing. Time magazine's cover this week was a picture of the White House with a for sale sign and asking price of 2.5 billion. And it's only going to get worse. Welcome to the coming eras of big money politics. Hope you didn't feel like you had a say in anything

 

[AE14]

Romney has been outraising him pretty remarkably recently. After the convention, I believe the rules will change and both sides will really spend on nasty ads, etc....

Sept, Oct, and Nov should be fun and sad at the same time

 

[cokeholio]

Romney ads all over pandora radio