I am no fan of big pharma, but read your history son.
I remember the reporting on the congressional hearings to ban steroids. Mostly, I remember, the media and Congress were focused on preventing "cheating" in sports and were afraid of the mass monsters (Arnold and his crew) who they thought would act like the Incredible Hulk during the day while having mad sex with all the housewives at night (so they were protecting the American Dream -- sports, community and family). I don't remember big pharma taking a strong position, though I remember reading later the American Medical Society came out against the ban. Big pharma was making money on steroids and when they were banned, they lost out with the rest of us.