SACRAMENTO, Calif. | Dialysis companies spend $111 million to kill ballot measure

SACRAMENTO, Calif. | Dialysis companies spend $111 million to kill ballot measure

SACRAMENTO, Calif. — Dialysis companies have contributed an extraordinary $111 million and counting to defeat a California ballot initiative that would cap their profits, the most any one side has spent on a U.S. ballot issue since at least 2002.

A $5 million donation from this week from dialysis provider Fresenius Medical Care pushed the anti-Proposition 8 campaign’s total past the $109 million pharmaceutical companies spent two years ago to defeat a measure limiting prescription drug costs.

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