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A Little Harder For Michael Ferguson To Raise the Cash?

Star Ledger reporter Ed Silverman has a personal blog called Pharmalot, and today he notes that with the Democrats running the House our good Representative Mike Ferguson may have a little harder time raising all that pharma money he's relied on in the past.

Generally, the pharmaceutical industry hasn't been one of Pascrell's biggest backers, although his home district includes Roche's US headquarters, a large facility in Nutley, a 30-minute ride from the Lincoln Tunnel. So such a gathering shouldn't come as a total surprise, given that Democrats now control Congress.

What is interesting, however, is this suggests the influence of Pascrell's Republican counterpart, Mike Ferguson, may be waning. Thel industry has given him tremendous backing and viewed him as the go-to guy among the Garden State delegation, since he sits on the House and Energy Commerce committee, which has jurisdicdtion [sic] over the FDA.

Mike won't go hungry, though. His dad founded a well-known healthcare ad agency that did business with drugmakers and was later sold to a larger advertising conglomerate.

First he loses Tom DeLay, then the majority House, and now will get less from the pharmaceutical industry?

Looks like the playing field may be a little more level in 2008.



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