The pressure on pharma is not likely to die down. Recently, a non-profit “As You Sow” launched a campaign to push pharma companies to pay for take-back programs. The nonprofit sent a letter to the heads of ten pharmaceutical firms asking the companies to issue policy statements, notes STAT. It also placed shareholder resolutions calling on three drug makers to review their policies on take-back programs.
Read MoreAs You Sow recently sent a letter to the heads of ten pharmaceutical firms on behalf of the funds asking the companies to issue policy statements on drug take back programs. These programs are designed to reduce environmental contamination and lower the risk of prescription drug abuse from unused drugs.
The non-profit As You Sow is building on this local interest and hopes to force companies to address the disposal problem. In its letter, the group asks for companies to develop policies on the take back of unused drugs.
In addition, As You Sow has proposed shareholder resolutions requiring that Merck, Johnson & Johnson and AbbVie pay for the take-back programs. The reception from the three companies has been relatively cold, with all three drugmakers recommending shareholders vote against the proposals, according to Stat.
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