The dialysis industry is on track to exceed Big Pharma's spending record for a ballot initiative in order to quell a union-backed measure to cap their profits and drastically hit the business model of giants DaVita HealthCare Partners and Fresenius Medical.
Dialysis cos. dole out more than $100M to beat Calif. ballot measure
Approximately 47% of California voters support Proposition 8, according to a poll this week. That's a double digit lead over the 34% opposing the bill. But 19% of voters are still undecided.
Both sides see that survey as a point in their favor. With three weeks to go and more than $70 million left in the opposition's $105 million war chest, analysts give Prop. 8 slim odds for success.
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