Pharma Most ‘Poorly Regarded’ Industry: Gallup

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The drug industry has dropped to the bottom of the Gallup Poll’s annual Work and Education Poll, taking that position away from the federal government in terms of its net-positive score. Pharma received a 27% total positive ranking, 15% neutral, and 58% total negative, for a -31 net positive. Gallup says the federal government has been last or tied for last from 2011 through 2018, and is now next to last, just above pharma.

“The healthcare industry’s negative ratings also exceeded its positive ratings by double digits,” Gallup says, “while the advertising and public relations industry’s net rating is barely negative” (-1 net positive). The restaurant industry was rated most positively with a +58 net positive ranking.

“Americans’ net ratings for the pharmaceutical industry have never been lower since Gallup first polled on industries in 2001,” the poll says. “Over the past 19 years, few industries have been rated lower than the pharmaceutical industry’s current -31 net rating. These include the federal government and the oil and gas, real estate, and automobile industries.”

Gallup says the ratings drop comes amid a range of criticisms of industry norms, from generating the highest drug costs in the world to spending massive amounts on lobbying politicians to the industry’s role in the U.S. opioid crisis.

Meanwhile, the poll says, the images of electric/gas utilities and the oil and gas industries were at new highs, with the utilities receiving a net-positive score of +23 and the oil and gas industry at +3, its first positive score in the trend.

Gallup says the pharmaceutical industry can hope to recover in the way other industries have after particularly negative ratings. “As the opioid epidemic rages on,” it says, “and as the actors involved in creating it continue to experience lawsuits, protests, and public shaming, it may be hard for the pharmaceutical industry to make a comeback just yet. The industry’s rating likely will not recover until its role in the opioid epidemic is addressed, and the political pressure on the industry for high prices and massive profits subsides.”

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