A five-day course of molnupiravir, the new medicine being hailed as a “huge advance” in the treatment of Covid-19, costs $17.74 to produce, according to a report issued last week by drug pricing experts at the Harvard School of Public Health and King’s College Hospital in London. Merck is charging the U.S. government $712 for the same amount of medicine, or 40 times the price.
Source: Merck Sells Covid Pill for 40 Times What It Costs to Make
At the Purdue Pharma bankruptcy trial that began Thursday, Judge Robert Drain is widely expected to approve a proposed settlement of the Purdue Pharma bankruptcy that would release members of the billionaire Sackler family, the company’s owners, from all current and future opioid-related civil claims.
How the race to develop treatments and a vaccine will create a historic windfall for the industry — and everyone else will pay the price
Big Pharma’s Covid-19 Profiteers – Rolling Stone
We don’t have to leave ourselves at the mercy of the most profitable sector on Earth to get the drugs we need. We must nationalize the pharmaceutical industry and turn the medicines millions rely on into public goods.
Prof Peter Gøtzsche, the paper’s third co-author, believes it was about censoring the research. “The medical publishing system is broken. There are far too many financial connections between big publishers and big pharma,” he said. “The system doesn’t ensure that solid research which goes against financial interests can get published without any major obstacles.”Informed Comment
My generation grew up without vaccines and without all of the associated illnesses associated with vaccines among the over-vaccinated youth of today. Today vaccinations begin at birth and increase into high numbers. Does the natural immune system ever develop?
That is an irrelevant question. The driving force behind vaccination is profit, not health. If we want a health system instead of a death system, Big Pharma must be nationalized and run by scientists on salaries without patent rights and “performance bonuses.”
Corporations and Government haven’t changed since British East India Company when 40% of the shareholders were British MPs. Lobbying and corruption is more sophisticated these days but not with Trump. He’s as basic as meat and potatoes. In the open Quid Pro Quo (ODT)
olddogthoughts 