Tauzin to leave as president of trade group
Former Louisiana Rep. Billy Tauzin will announce today that he will be leaving his job as president of the Pharmaceutical Research and Manufacturers of America, the drug industry trade group.
Official announcements have confirmed that Representative Billy Tauzin of Louisiana is stepping down from $2 Million-per-year role as the top lobbyist for the medicine industry, amid various complaints from drug manufacturers that he had bargained away their earnings too cheaply, spent too much of his $150 Million advertising campaign in order to sell the revamp and also miscalculated his assessment that the passage of the legislation was all but inevitable.