As I indicated in the last post, it seems Merck has increased its spend by almost as much as Amgen has cut its. Interesting — we shall see if this reversal of fortunes continues through all of 2026. [It is typical that all majors may decrease spending slightly, in the third quarter, as Congress may recess for most of August.] So, we shall wait and see what Q2 brings.

Here is the decreased Amgen Q1 2026 — and you may compare it to the Amgen Q1 2025 listing, here, in any event:

…[Both Houses of Congress:] Issues related to drug pricing; Issues related to cardiovascular disease awareness and treatment; Issues related to FDA; Issues related to patient affordability issues, including copay cards, copay accumulators, copay maximizers, National Benefit Payment Parameters; Issues related to biosimilars reimbursement; Issues related to Supply Chain; Issues related to 340B; Issues related to pharmacy benefit managers; Issues related to biosimilars regulatory standards; Issues related to bone disease awareness and treatment; Issues related to Public law 117-1769 Inflation Reduction Act; HR 1492 Ensuring Pathways to Innovative Cures Act; HR 1672 Maintaining Investments in New Innovation Act; HR 1 One Big Beautiful Bill Act (An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14); S 1954 Biosimilar Red Tape Elimination Act; S.3345 PBM Price Transparency and Accountability Act; H.R. 6166 Lowering Drug Costs for American Families Act; S.3019 No Big Blockbuster Bailouts Act; HR 4317 PBM Reform Act; S 3510 Biosimilar Inspection Modernization Act; PL 119-75 Consolidated Appropriations Act of 2026; HR 4299 Protecting Patient Access to Cancer and Complex Therapies Act; H.R.7837 Most Favored Patient Act of 2026; S 3788 Clear Labels Act; HR 5256 340B Access Act; H.R.5526 Biosimilar Red Tape Elimination Act; HR 7391 Community Health Center Drug Pricing Protection Act….

Issues related to drug pricing; Issues related to cardiovascular disease awareness and treatment; Issues related to reimbursement for biologics/biosimilars; Issues related to PBM reform; Issues related to bone disease awareness and treatment; HR 1 One Big Beautiful Bill Act (An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14); S.3345, PBM Price Transparency and Accountability Act; HR 6166, Lowering Drug Costs for American Families Act; S 3019 – No Big Blockbuster Bailouts Act; S 3349 PBM Disclosure Act; HR 4317 PBM Reform Act; Issues related to Public law 117-1769 Inflation Reduction Act; HR 1492 Ensuring Pathways to Innovative Cures Act (EPIC); HR 1672 Maintaining Investments in New Innovation Act (MINI); HR 4299 Protecting Patient Access to Cancer and Complex Therapies Act; H.R.7837 Most Favored Patient Act of 2026; PL 119-75 Consolidated Appropriations Act of 2026….

[Taxes:] Issues related to corporate and international tax; Public Law 115-97, Tax Cuts and Jobs Act; Public Law 119-21, One Big Beautiful Bill Act (An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14); Issues related to Puerto Rico; Issues related to OECD negotiations on the taxation of global income….

Federal Trade Commission related issues: Issues related to the Patent Act, no specific bill; Issues related to March-In/Bayh Dole, WTO/TRIPS; Issues related to patent thickets; Issues related to obviousness/ double patenting; Issues related to FDA/PTO coordination; Issues related to skinny labeling; S.1041 A bill to amend title 35, United States Code, to address the infringement of patents that claim biological products, and for other purposes; S.1040 -A bill to amend the Federal Trade Commission Act to prohibit product hopping, and for other purposes; S 708/ HR 1574 — Realizing Engineering, Science and Technology Opportunities by Restoring Exclusive Patent Rights Act of 2025 (RESTORE); S.1553/HR3160– Promoting and Respecting Economically Viable American Innovation Act (PREVAIL); S. 1546/ HR 3152– Patent Eligibility Restoration Act of 2025 (PERA); S 2276 / HR 3269 Eliminating Thickets to Increase Competition Act (ETHIC Act); S. 43/HR 6485 Skinny Labels Big Savings Act; S.2658 Medication Affordability and Patent Integrity Act; S. 3452/HR 6624 Biological Intellectual Property Protection Act of 2025….

Issues related to tariffs; Issues related to trade agreements; S. 3452/HR 6624 Biological Intellectual Property Protection Act of 2025….

Now you know — and maybe, just maybe — Amgen figured out that the Supremes (as we’s long said — and as did many other wise heads) were going to all but end tariffs regardless, and thus the company needed to spend less overall, in Q1 — jaw-boning Congress for some future possible legislative “fix“.

Who knows? Anyhoo — onward now, grinning into the Spring sunshine, for a bike ride — by the clear, cold azure waters of the lake….

नमस्ते