No. of Recommendations: 1
in political reality? Our foreign friends were quick to point out that big pharma has had advertising restrictions in their country's for decades. Does this seem very material to you?
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Since 1997, when the Food and Drug Administration relaxed disclosure requirements for DTC ads, pharmaceutical companies have increasingly leaned on consumer advertising to drive demand. Under current rules, companies need only disclose a drug’s “most important” risks during commercials.
The result has been a media environment saturated with pharmaceutical messaging. Drug ads made up 24.4 percent of all advertising minutes on evening news broadcasts across major networks — including ABC, CBS, CNN, Fox News, MSNBC, and NBC — through May of this year, according iSpot. On CBS Evening News, pharmaceutical companies appeared in more than 70 percent of commercial breaks, per Kantar Media.”
What a country. What will fill those advertising spaces, gaming apps? In foreign nations do they allow gaming apps to run ads on every sport watched by kids? Those ads will cause more long-term damage than the pharma ads.
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https://www.zerohedge.com/markets/markets-are-due-...