Robert F. Kennedy Jr has announced plans to ban pharmaceutical advertisements on television

Apple, AAPL, iPhone could triple in price to $3,500 if they’re made in the US

Former U.S. Rep. George Santos sentenced to 7 years in prison for fraud

One-third of younger millennials received down payment help in the form of a gift or a loan from a friend or relative

China is considering suspending its 125% tariff on some US imports including medical equipment, ethane and plane leasing

Elon Musk, leading a government cost-cutting effort, recently declared on X—his social media platform—“No advertising for pharma.”Meanwhile, Brendan Carr, former FCC commissioner and Trump’s pick to head the agency, has suggested that the Federal Communications Commission (FCC) could enforce a potential ban on pharmaceutical ads. “I think we’re way, way too overmedicated as a country,” he said.A Blow to Pharma and TV NetworksRestricting or banning TV drug advertisements could significantly impact pharmaceutical company revenues. Analysts estimate that for every dollar spent on advertising, drugmakers recoup five times that amount in sales. It would also pose major financial risks for television networks, which rely on big-budget pharmaceutical ad campaigns to reach their primary audience: older viewers who take more medications.Despite the push, how a ban might be implemented remains unclear. Robert F. Kennedy Jr. has proposed an executive order, but such a move would likely face strong legal challenges. Past attempts to even moderately restrict drug ads have failed in court, with judges often citing First Amendment protections.For example, during Trump’s first term, his administration sought to mandate price disclosures in drug commercials. A judge blocked the rule, ruling that it lacked congressional authorization.“No one’s putting the genie back in the bottle at this point,” said Dr. David Kessler, former FDA commissioner in the 1990s.How Drug Ads Took Over TVPharmaceutical ads targeting consumers began in newspapers and magazines in the 1980s. However, television ads were rare due to a rule requiring them to list all side effects in detail.That changed in 1997, when the FDA loosened its guidelines, allowing drug companies to briefly summarize risks rather than providing a full list of side effects. This opened the floodgates for big-budget pharmaceutical advertising.In the early 2000s, Merck’s aggressive TV campaign for Vioxx helped turn it into a blockbuster painkiller—before it was pulled from the market for increasing the risk of heart attacks and strokes.More recently, a wave of commercials has fueled demand for Ozempic and other powerful weight-loss and diabetes drugs.A $5 Billion IndustryThe pharmaceutical industry is set to spend over $5 billion on TV ads this year, according to iSpot.TV. Drugmakers invest the most in newer, high-priced medications that haven’t yet gone generic—especially those treating common conditions like arthritis, diabetes, and obesity.Are Drug Ads Actually Helpful?While critics argue that TV drug ads push unnecessary medications, some research suggests unexpected benefits:Ads may prompt patients to seek treatment for serious conditions.Some consumers end up choosing cheaper, generic alternatives rather than the advertised brand-name drug.Public health campaigns, such as vaccine ads, have encouraged preventative care.Still, RFK Jr. remains a staunch opponent of pharmaceutical advertising. He argues that drug commercials are steering Americans toward ineffective treatments, worsening the country’s high rates of chronic illness.