Pharma Giant Funds Ads Attacking Drug Bill After Hiking Prices Up to 470 Percent

Pharmaceutical giant AbbVie inflated prices for widely-used drugs while its executives pocketed growing bonuses, according to a new report from the House Oversight and Reform Committee. Now it’s helping fund ads attacking legislation that would lower prescription drug costs.

The committee’s two-year investigation found that AbbVie “pursued a variety of tactics to increase drug sales while raising prices for Americans, including exploiting the patent system to extend its market monopoly, abusing orphan drug protections to further block competition, and engaging in anticompetitive pricing practices.”

The company raised the cost of the popular drug Humira, which is used to treat rheumatoid

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Bill Gates once fist-pumped at party during Sundance Film Festival

Bill Gates isn’t just a billionaire tech nerd — he can also party like a rockstar.

The billionaire Microsoft founder was once photographed “dancing Paris Hilton-style” on a banquette with a group of attractive women at a Microsoft-sponsored party during the 2010 Sundance Film Festival.

“He gyrated in a VIP booth until 2 a.m.,” Page Six reported at the time. “Everybody was snapping photos of him until his security rushed him out the back door after he tipped a waitress $500.”

He was seen high-fiving female friends dancing in his booth and pulling a series of moves including air

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