Thursday, May 23, 2019

SIGN: Stop this Big Pharma merger

Add your name to tell the FTC you oppose Bristol-Myers Squibb's attempt to create a veritable monopoly over oncology and cardiovascular medications.

Dear fellow MoveOn member,

Bristol-Myers Squibb wants to buy out rival Celgene for $74 billion, the largest pharmaceutical merger ever.1 The consolidated company would have a veritable monopoly over oncology and cardiovascular medications.2

As patients, we bear the ever-increasing costs, and we can't afford to keep paying and paying. Many people depend on medicine to stay alive, and nobody should have to choose between a roof over their head and the drugs they need to thrive.

The Federal Trade Commission must block the attempt by Bristol-Myers Squibb to buy out Celgene. We urge you to stop this mega-merger.

The Federal Trade Commission must listen to comments from the public before approving the merger. Here is our chance to speak up. This mega-merger will block the development and sale of affordable drugs and reduce competition just when we need more of it.

We've seen what happens when big pharmaceutical companies merge: medication prices soar. It happened to the Epi-Pen. It happened with arthritis drugs. It even happened with insulin.3

Click here to add your name to tell the FTC you oppose this mega-merger, and then pass the petition along to your friends.

Thank you.

—Laura Packard


1. "Bristol-Myers to buy Celgene in a $74 billion deal; Celgene shares surge," CNBC, January 3, 2019

2. "Bristol-Myers says shareholders vote to approve Celgene takeover," Reuters, April 12, 2019

3. "To Fix High Drug Prices, Stop the Merger Madness," Fortune, May 17, 2016

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