TV News LIES

Tuesday, Sep 02nd

Last update07:43:55 AM GMT

You are here News Health The hidden truth behind drug company profits

The hidden truth behind drug company profits

E-mail Print PDF

This is the story of one of the great unspoken scandals of our times. Today, the people across the world who most need life-saving medicine are being prevented from producing it. Here's the latest example: factories across the poor world are desperate to start producing their own cheaper Tamiflu to protect their populations – but they are being sternly told not to. Why? So rich drug companies can protect their patents – and profits. There is an alternative to this sick system, but we are choosing to ignore it.

Our governments have chosen, over decades, to allow a strange system for developing medicines to build up. Most of the work carried out by scientists to bring a drug to your local pharmacist – and into your lungs, or stomach, or bowels – is done in government-funded university labs, paid for by your taxes.

Drug companies usually come in late in the process of development, and pay for part of the expensive, but largely uncreative final stages, like buying some of the chemicals and trials that are needed. In return, then they own the exclusive rights to manufacture and profit from the resulting medicine for years. Nobody else can make it.

More...


Most Recent Related Stories...


COVID is spiking again, especially in these states

Covid spikingThe U.S. is seeing a late summer surge in COVID-19 cases, tracking from the Centers for...

CDC Director Susan Monarez ousted just weeks after confirmation

Susan MonarezSusan Monarez, the longtime government scientist recently confirmed as director of the Centers for Disease Control...

CDC erupts in chaos after ousted chief Susan Monarez refuses to resign

Susan Monarez refuses to resignThe US’s top public health agency was plunged into chaos on Wednesday after the Trump administration...

FDA reinstates ousted top vaccine regulator Vinay Prasad

FDA vaccine expert reinstatedVinay Prasad, a top vaccine regulator ousted from the Food and Drug Administration (FDA) late last...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!