COVID Corruption News Stories

Excerpts of Key COVID Corruption News Stories in Major Media

Below are key excerpts of revealing news articles on COVID corruption from reliable news media sources. If any link fails to function, a paywall blocks full access, or the article is no longer available, try these digital tools.

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Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.

Small businesses are disappearing by the thousands amid the Covid-19 pandemic, and the drag on the economy from these failures could be huge. This wave of silent failures goes uncounted in part because real-time data on small business is notoriously scarce, and because owners of small firms often have no debt, and thus no need for bankruptcy court. Yelp Inc., the online reviewer, has data showing more than 80,000 permanently shuttered from March 1 to July 25. About 60,000 were local businesses, or firms with fewer than five locations. About 800 small businesses did indeed file for Chapter 11 bankruptcy from mid-February to July 31, according to the American Bankruptcy Institute, and the trade group expects the 2020 total could be up 36% from last year. While the businesses are small individually, the collective impact of their failures could be substantial. Firms with fewer than 500 employees account for about 44% of U.S. economic activity, according to a U.S. Small Business Administration report, and they employ almost half of all American workers. About 58% of small business owners say they’re worried about permanently closing, according to a July U.S. Chamber of Commerce survey. In a June 2020 NFIB survey, a net 31% of owners reported lower sales in the past three months, while 7% reported higher sales a year earlier. In the same survey, only 13% of business owners said it was a good time to expand, a dip from 24% a year earlier.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

We’re headed into a global depression–a period of economic misery that few living people have experienced. Depressions don’t just generate ugly stats and send buyers and sellers into hibernation. They change the way we live. COVID-19 fears will bring lasting changes to public attitudes toward all activities that involve crowds of people and how we work on a daily basis; it will also permanently change America’s competitive position in the world and raise profound uncertainty about U.S.-China relations going forward. Most postwar U.S. recessions have limited their worst effects to the domestic economy. But most were the result of domestic inflation or a tightening of national credit markets. That is not the case with COVID-19 and the current global slowdown. This is a synchronized crisis, and just as the relentless rise of China over the past four decades has lifted many boats in richer and poorer countries alike, so slowdowns in China, the U.S. and Europe will have global impact on our globalized world. The Congressional Budget Office has warned that the unemployment rate will remain stubbornly high for the next decade, and economic output will remain depressed for years unless changes are made to the way government taxes and spends. Those sorts of changes will depend on broad recognition that emergency measures won’t be nearly enough to restore the U.S. economy to health. What’s true in the U.S. will be true everywhere else.

Note: A CNN article dated Aug. 15th is titled "1 in 4 young people are reporting suicidal thoughts." A USA Today article states, "More than 40% of respondents who completed surveys during June reported an adverse mental or behavioral health condition, and 11% reported having seriously considered suicide in the 30 days prior." It's possible that deaths from suicide, domestic violence, hunger, and more will significantly exceed the number of virus deaths. For more, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

For 23 years, Larry Collins worked in a [toll] booth. But one day in mid-March, as confirmed cases of the coronavirus were skyrocketing, Collins’ supervisor called and told him not to come into work the next day. Collins’ job was disappearing, as were the jobs of around 185 other toll collectors at bridges in Northern California, all to be replaced by technology. The drive to replace humans with machinery is accelerating as companies struggle to avoid workplace infections of COVID-19 and to keep operating costs low. The U.S. shed around 40 million jobs at the peak of the pandemic. Some will never return. One group of economists estimates that 42% of the jobs lost are gone forever. This replacement of humans with machines may pick up more speed in coming months as companies move from survival mode to figuring out how to operate while the pandemic drags on. Robots could replace as many as 2 million more workers in manufacturing alone by 2025. “Look at the business model of Google, Facebook, Netflix. They’re not in the business of creating new tasks for humans,” says Daron Acemoglu, an MIT economist. The U.S. government incentivizes companies to automate, he says, by giving tax breaks for buying machinery and software. A business that pays a worker $100 pays $30 in taxes, but a business that spends $100 on equipment pays about $3 in taxes, he notes. The 2017 Tax Cuts and Jobs Act lowered taxes on purchases so much that “you can actually make money buying equipment,” Acemoglu says.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the coronavirus from reliable major media sources.

The Dutch government says it will not advise the public to wear masks to slow the spread of coronavirus, asserting that their effectiveness has not been proven. The decision was announced by Minister for Medical Care Tamara van Ark after a review by the country's National Institute for Health (RIVM). The government will instead seek more adherence to social distancing rules after a surge in coronavirus cases in the country this week, Van Ark said. "Because from a medical perspective there is no proven effectiveness of masks, the cabinet has decided that there will be no national obligation for wearing non-medical masks" The decision bucks the trend as many European countries have made masks mandatory in stores or crowded outdoor areas. RIVM chief Jaap van Dissel said that the organisation was aware of studies that show masks help slow the spread of disease but it was not convinced they will help during the current coronavirus outbreak in the Netherlands. He argued wearing masks incorrectly, together with worse adherence to social distancing rules, could increase the risk of transmitting the disease. "So we think that if you're going to use masks (in a public setting)... then you must give good training for it," he said. Masks are currently required only on public transportation in the Netherlands and in airports. The decision followed a meeting of health and government officials after new coronavirus cases in the country rose to 1329 in the past week, an increase of more than a third.

Note: Sweden, the country which chose not to lock down, also does not require masks. Their death rates have been in the single digits per day for a couple weeks now. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

As other countries face renewed outbreaks, Sweden’s latest Covid-19 figures suggest it’s rapidly bringing the virus under control. “That Sweden has come down to these levels is very promising,” state epidemiologist Anders Tegnell told reporters in Stockholm on Tuesday. The Health Agency of Sweden says that since hitting a peak in late June, the infection rate has fallen sharply. That’s amid an increase in testing over the period. “The curves are going down and the curves for the seriously ill are beginning to approach zero,” Tegnell said. The development follows months of controversy over Sweden’s decision to avoid a full lockdown. The unusual strategy coincided with a much higher Covid-19 mortality rate than elsewhere in the Nordic region. On Tuesday, Sweden reported two new deaths, bringing the total to 5,702. Tegnell also broached the subject of face masks. “With numbers diminishing very quickly in Sweden, we see no point in wearing a face mask in Sweden, not even on public transport,” he said. Tegnell has consistently argued that Sweden’s approach is more sustainable than the sudden lockdowns imposed elsewhere. With the risk that Covid-19 might be around for years, he says completely shutting down society isn’t a long-term option. Meanwhile, many countries that thought they’d brought the virus under control are now seeing second waves. Tegnell called those developments “worrying.” “The positive trend is reversing, with an increase in the number of cases in Spain, Romania and Belgium, among others,” he said.

Note: In the 7 days ending Aug. 14th, Sweden had a total of 14 deaths from COVID-19 and the numbers continue to decline. By comparison, California with four times the population had 949 deaths. Why isn't the media talking more about Sweden's success without any lockdown? The Dutch government is also not advising the public to wear masks, claiming their effectiveness has not been proven. Why is the media overall so biased against Sweden? For more along these lines, see concise summaries of revealing news articles on the coronavirus from reliable major media sources.

Amid fears over a potential second wave of the novel coronavirus across Europe, new infections in Sweden, where full lockdown measures were not implemented, have mostly declined since late June. The number of new cases per 100,000 people in Sweden reported over the last 14 days since July 29 dropped by 54 percent from the figure reported over 14 days prior to then, according to the latest report Wednesday from the ... WHO. Meanwhile, other parts of Europe have reported large spikes in new cases over the same period, including Spain, France, Germany, Belgium and The Netherlands, which have seen increases between 40 and 200 percent over the last month. The seven-day rolling average of Sweden's daily new cases has been dropping consistently since June 29. The seven-day rolling average of daily new deaths in Sweden has also been declining since around April 15. The country's latest seven-day rolling averages for daily new cases and daily new deaths stand at 154 and 2. Last week Anders Tegnell, the chief epidemiologist at Sweden's public health agency ... said the nation's controversial anti-lockdown strategy has been a success. Tegnell noted: "In many ways the voluntary measures we put in place in Sweden have been just as effective as complete lockdowns in other countries. We are now seeing rapidly falling cases, we have continuously had healthcare that has been working. The failure [of the strategy] has of course been the death toll…that has been very much related to the long-term care facilities in Sweden. Now that has improved, we see a lot less cases in those facilities," Tegnell said.

Note: Sweden, the country which chose not to lock down, also does not require masks. Their death rates have been in the single digits per day for a couple weeks now. As mentioned above, the seven-day rolling average is two deaths a day. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

An additional 6.7 million children under the age of five could suffer from wasting – and therefore become dangerously undernourished – in 2020 as a result of the socio-economic impact of the COVID-19 pandemic, UNICEF warned today. According to an analysis published in The Lancet, 80 per cent of these children would be from sub-Saharan Africa and South Asia. Over half would be from South Asia alone. “It’s been seven months since the first COVID-19 cases were reported and it is increasingly clear that the repercussions of the pandemic are causing more harm to children than the disease itself,” said UNICEF Executive Director Henrietta Fore. “Household poverty and food insecurity rates have increased. Essential nutrition services and supply chains have been disrupted. Food prices have soared. As a result, the quality of children’s diets has gone down and malnutrition rates will go up.” Wasting is a life-threatening form of malnutrition, which makes children too thin and weak, and puts them at greater risk of dying, poor growth, development and learning. Even before the COVID-19 pandemic, 47 million children were already wasted in 2019. Without urgent action, the global number of children suffering from wasting could reach almost 54 million over the course of the year. This would bring global wasting to levels not seen this millennium. The estimated increase in child wasting is only the tip of the iceberg, UN agencies warn. COVID-19 will also increase other forms of malnutrition in children and women.

Note: You can find the Lancet study on this webpage. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

A leading epidemiologist says "thousands of people" will be quarantined in isolation facilities for months - and possibly years - into the future. University of Otago professor of public health Michael Baker's appearance on Newshub Nation on Saturday comes after multiple cases of people breaking out of their facilities. Prof Baker says ... we need to be prepared for a "long-term risk management challenge". "Mistakes happen, and we have to learn from them and improve our systems so we don't repeat those errors," he [said]. "We're going to have thousands of people sitting in these facilities, quarantined in isolation facilities for months, maybe years ahead." The latest escapee, a person in their 60s, broke the window of the Waipuna Hotel in Auckland on Friday and climbed out of the building. Their escape is the fourth since last Saturday, when a woman scaled two fences to escape from Auckland's Pullman Hotel. On Tuesday, a 32-year-old man snuck through a gap in the Stamford Plaza fencing and visited an inner-city supermarket. Prof Baker says we need to look at why these people feel the need to escape from the isolation facilities. ACT leader David Seymour said the Government needs to start profiling travelers based on their risk of absconding. "The vast majority of people entering New Zealand will pose absolutely no risk of absconding from managed isolation and quarantine facilities," he said in a statement. "But a tiny minority will be a risk. The Government should ... place them under tighter security."

Note: Baker likely is not referring to individuals being detained for years, but to these policies continuing for years. A second MSN article includes a video describing how police are now guarding the quarantine facilities in New Zealand, which is being called "managed isolation." The "managed isolation" aka quarantine policy started in April. As this article states, "every person arriving in New Zealand will have to go into compulsory quarantine as a measure to try and combat Covid-19." For more, see summaries of revealing news articles on the coronavirus from major media sources.

More than 600 of the nation’s physicians sent a letter to President Trump this week calling the coronavirus shutdowns a “mass casualty incident” with “exponentially growing negative health consequences” to millions of non COVID patients. “The downstream health effects ... are being massively under-estimated and under-reported," according to the letter initiated by Simone Gold, M.D., an emergency medicine specialist. “Suicide hotline phone calls have increased 600%,” the letter said. Other silent casualties: “150,000 Americans per month who would have had new cancer detected through routine screening.” From missed cancer diagnoses to untreated heart attacks and strokes to increased risks of suicides, “We are alarmed at what appears to be a lack of consideration for the future health of our patients.” The physicians’ letter focuses on the impact on Americans’ physical and mental health. “The millions of casualties of a continued shutdown will be hiding in plain sight, but they will be called alcoholism, homelessness, suicide, heart attack, stroke, or kidney failure. In youths it will be called financial instability, unemployment, despair, drug addiction, unplanned pregnancies, poverty, and abuse. “It is impossible to overstate the short, medium, and long-term harm to people’s health with a continued shutdown,” the letter says. “Losing a job is one of life’s most stressful events, and the effect on a person’s health is not lessened because it also has happened to 30 million [now 38 million] other people.”

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.

Scientists have devised a way to use the antibody-rich blood plasma of COVID-19 survivors for an upper-arm injection that they say could inoculate people against the virus for months. Using technology that's been proven effective in preventing other diseases such as hepatitis A, the injections would be administered to high-risk healthcare workers, nursing home patients, or even at public drive-through sites. But the idea exists only on paper. Federal officials have twice rejected requests to discuss the proposal, and pharmaceutical companies — even acknowledging the likely efficacy of the plan — have declined to design or manufacture the shots. The antibodies in plasma can be concentrated and delivered to patients through a type of drug called immune globulin, or Ig, which can be given through either an IV drip or a shot. Yet for the coronavirus, manufacturers are only developing an intravenous solution of Ig. Intravenous plasma products are traditionally the main economic driver for the industry. The money-making antibodies are also far more diluted in intravenous drugs than in injectable ones, which boosts profit margins. “They charge a fortune off of intravenous drugs in the hospital. They don't want to devote the manufacturing plant to something that won't make oodles of money,” said one infectious disease expert. Researchers also said industry executives have little incentive to produce the immunity shots for the coronavirus, given the possibility that a longer-lasting vaccine could replace it within a year.

Note: For more along these lines, see concise summaries of deeply revealing news articles on big Pharma corruption and the coronavirus from reliable major media sources.

Across the pharmaceutical and medical industries, senior executives and board members are making millions of dollars after announcing positive developments, including support from the government, in their efforts to fight Covid-19. After such announcements, insiders from at least 11 companies – most of them smaller firms whose fortunes often hinge on the success or failure of a single drug – have sold shares worth well over $1 billion since March, according to figures compiled for The New York Times. The sudden windfalls highlight the powerful financial incentives for company officials to generate positive headlines in the race for coronavirus vaccines and treatments, even if the drugs might never pan out. Some officials at the Department of Health and Human Services have grown concerned about whether companies are trying to inflate their stock prices by exaggerating their roles in Operation Warp Speed, the flagship federal initiative to quickly develop drugs to combat Covid-19. In some cases, company insiders ... appear to be pouncing on opportunities to cash out while their stock prices are sky high. And some companies have awarded stock options to executives shortly before market-moving announcements about their vaccine progress. "It is inappropriate for drug company executives to cash in on a crisis," said Ben Wakana, executive director of Patients for Affordable Drugs. "Every day, Americans wake up and make sacrifices during this pandemic. Drug companies see this as a payday."

Note: For more along these lines, see concise summaries of deeply revealing news articles on big Pharma corruption and the coronavirus from reliable major media sources.

Health Secretary Matt Hancock last month ordered an urgent review into how daily death counts are calculated in England because of a 'statistical flaw'. Academics found Public Health England's methods ... count victims as anyone who died after ever testing positive for Covid-19 — even if they were hit by a bus after beating the disease months later. Thousands of coronavirus deaths will be wiped off the government's official toll. Public Health England ... admitted that a coronavirus death is one that happens to anyone who has previously tested positive, regardless of how long ago the test happened. It would've meant that, technically, no-one could ever recover from the virus and all 265,000 of England's confirmed patients would eventually have had their deaths attributed to the disease. The blunder could see up to 4,000 deaths removed from England's official toll of 41,749. Mr Hancock is set to bring the figures in line with Scotland and Northern Ireland, which only attribute deaths to Covid-19 if it occurs within a month of their diagnosis. The statistical flaw was uncovered by Oxford University's Professor Carl Heneghan and Dr Yoon Loke. Professor Heneghan, director of the Centre for Evidence-Based Medicine at the prestigious [University of East Anglia commented], 'If it's someone who picked up the virus in a care home in March and recovered, and last week died of a heart attack, what does that actually tell us?' Ministers are thought to be planning a huge reform of PHE following a series of failings by the beleaguered agency. Separate figures ... revealed overall deaths in England and Wales are still below the number usually expected at this time of year, based on an average from the previous five years.

Note: A recent Newsweek article is titled "Florida Man Killed in Crash Listed as COVID-19 Death, Raising Doubts Over Health Data." Could it be that some officials are wanting to inflate the figures? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

According to a July 17 study published in the International Journal of Geriatrics and Rehabilitation, 50 percent of nucleic acid coronavirus tests distributed by the Centers for Disease Control and Prevention (CDC) provided inaccurate results. The study's lead author, Sin Hang Lee, MD, director of Milford Molecular Diagnostics Laboratory, found that the testing kits gave a 30 percent false-positive rate and a 20 percent false-negative rate. To determine these false-positive and false-negative rates, the Connecticut State Department of Public Health Microbiology Laboratory provided Lee 20 tests, which were then re-tested using his own methodology, which examines samples on a cellular level, rather than just testing fluid with no cellular matter from potentially infected oral and nasal secretions. While the results of Lee's testing may be alarming, they also pointed to yet another discovery: new mutations of the virus. Two tests that initially provided false-negatives and one test that yielded a positive result were actually found to be positive for coronavirus and a mutation of the virus, meaning two variants of the virus can simultaneously infect one person. However, it's not just the test you use that may be contributing to inaccurate results—when you get tested is important, too. Getting tested the day a person is infected with coronavirus will likely yield a 100 percent false-negative rate; by day 8 after becoming infected, however, that rate drops to just 20 percent.

Note: Explore an excellent, well-researched article further questioning the validity of these tests. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

On June 26, a small South San Francisco company called Vaxart made a surprise announcement: A coronavirus vaccine it was working on had been selected by the U.S. government to be part of Operation Warp Speed, the flagship federal initiative to quickly develop drugs to combat Covid-19. The race is on to develop a coronavirus vaccine, and some companies and investors are betting that the winners stand to earn vast profits from selling hundreds of millions – or even billions – of doses to a desperate public. Across the pharmaceutical and medical industries, senior executives and board members ... are making millions of dollars after announcing positive developments, including support from the government, in their efforts to fight Covid-19. After such announcements, insiders from at least 11 companies – most of them smaller firms whose fortunes often hinge on the success or failure of a single drug – have sold shares worth well over $1 billion since March. Senior officials appear to be pouncing on opportunities to cash out. And some companies have awarded stock options to executives shortly before market-moving announcements about their vaccine progress. Some companies are attracting government scrutiny for ... using their associations with Operation Warp Speed as marketing ploys. Vaxart's news release declared: "Vaxart's Covid-19 Vaccine Selected for the U.S. Government's Operation Warp Speed." But Vaxart is not among the companies selected to receive significant financial support from Warp Speed.

Note: MSN strangely removed this article a few days after posting it. A similar article by the New York Times titled "The race for a coronavirus vaccine is making some corporate insiders very rich" is available here. For more along these lines, see concise summaries of deeply revealing news articles on big Pharma corruption and the coronavirus from reliable major media sources.

Sweden famously took a totally different approach to its Nordic neighbours in trying to contain the spread of the novel coronavirus. The Swedish strategy allowed people to keep living largely as normal. Stores and restaurants remained open – so too did many schools. With a COVID-19 death toll of 5,700, Sweden’s mortality rate from the disease is now around a quarter higher than that of the United States, when adjusted for population size. However, authorities insist that the number of deaths has considerably dropped in recent weeks. "We've actually seen a clearly declining trend in the number of patients in intensive care and also in the number of deaths since the middle of April," said Anna Mia Ekström ... at Stockholm’s Karolinksa Institute. So how close is Sweden to possibly reaching herd immunity? We don’t know at this point. Scientists are still trying to figure out whether immunity from the new coronavirus can even be reached – and for how long. Ekström noted that the reproduction number of the epidemic – or R number, which measures the average number of people that one infected person will pass the virus on to – has now fallen in Sweden to around 0.6, meaning transmission is declining. The number of people with antibodies against the new coronavirus, meanwhile, is increasing. Data published by Sweden’s public health agency in June showed that about 10 per cent of people in Stockholm – the nation's worst affected area – had developed antibodies to COVID-19, more than anywhere else in the country.

Note: The number of new cases and deaths in Sweden has dropped significantly while the U.S. other non-European countries are seeing a rise in both, according to this MSN article. For the month of July 2020, Sweden had 370 deaths while California had 3,200 deaths. California has a population about four times that of Sweden, yet California with its strict lockdown had almost 10 times as many deaths as Sweden, which is one of the few countries that chose not to lock down. For more, see concise summaries of revealing news articles on the coronavirus from reliable major media sources.

Pandemics can be indiscriminate. COVID-19 has been different. The disease has shown a special animus for older people, with those 65-plus considered at especially high risk for hospitalization and death, and those 18 and below catching a semblance of an epidemiological break. Adolescents ... are likelier to experience milder symptoms or none at all. But if COVID-19 is sparing most kids’ bodies, it’s not being so kind to their minds. In one study out of China, published in JAMA Pediatrics, researchers in Hubei province, where the pandemic originated, examined a sample group of 2,330 schoolchildren for signs of emotional distress. The kids had been locked down for ... an average of 33.7 days. 22.6% of them reported depressive symptoms and 18.9% were experiencing anxiety. Then too there is ... the economy, which continues to struggle badly. A 2018 paper published in Health Economics ... studied economic conditions in the U.S. from 2001 to 2013 and found that during the Great Recession, a 5-percent-age-point increase in the national unemployment rate correlated with an astounding 35% to 50% increase in “clinically meaningful childhood mental-health problems.” With unemployment now exceeding 11%, [health-policy researcher Ezra] Golberstein expects to see more of the same emotional blowback. “When the economy is in a bad place, kids’ mental health gets worse,” he says. “Children who were struggling before [the pandemic] are at higher risk now,” says psychologist Robin Gurwitch.

Note: For the second quarter of 2020, the U.S. GDP plunged 32.9% according to this CNBC article. The lockdown policies are clearly damaging not only the health of the economy, but of the children as well. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.

Mounting evidence suggests the coronavirus is more common and less deadly than it first appeared. The evidence comes from tests that detect antibodies to the coronavirus in a person's blood rather than the virus itself. The tests are finding large numbers of people in the U.S. who were infected but never became seriously ill. And when these mild infections are included in coronavirus statistics, the virus appears less dangerous. "The current best estimates for the infection fatality risk are between 0.5% and 1%," says Caitlin Rivers, an epidemiologist at the Johns Hopkins Center for Health Security. That's in contrast with death rates of 5% or more based on calculations that included only people who got sick enough to be diagnosed with tests that detect the presence of virus in a person's body. And the revised estimates support an early prediction by Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases. In an editorial published in late March ... Fauci and colleagues wrote that the case fatality rate for COVID-19 "may be considerably less than 1%." The new evidence is coming from places such as Indiana, which completed the first phase of a massive testing effort early in May. Indiana's infection fatality rate turned out to be about 0.58%, or roughly one death for every 172 people who got infected. In New York ... an antibody study indicated the state has an infection fatality rate around 0.5%. Studies in Florida and California have suggested even lower fatality rates.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

One by one, vaccine developers at a White House roundtable convened by President Donald Trump in early March pitched their product as a viable solution to the coronavirus. Stéphane Bancel of Moderna Inc. glanced across the table at the nation's top infectious disease expert, Dr. Anthony Fauci, and said he is "very proud to be working with the US government and to have already sent, in only 42 days from the sequence of the virus, our vaccine to Dr. Fauci's team at the NIH." Bancel went on to say that he needed just "a few months" to start phase two of a three-part clinical trial of the sort that typifies vaccine development. (The entire process often takes more than a decade.) The day after the roundtable, the FDA green-lit Moderna's product for trial, making it the first vaccine candidate to advance to the first phase of a clinical study, in which an as-yet unapproved vaccine is injected into the arms of a small group of 45 human volunteers. The effort received another boost on April 16, when the federal Biomedical Advanced Research and Development Authority (BARDA) awarded Moderna up to $483 million to accelerate the development and manufacturing of the vaccine. The FDA allowed Moderna's RNA vaccine ... to essentially gloss over the animal-testing that typically precede clinical trials in humans. [Moderna's former director of chemistry Dr. Suhaib] Siddiqi said this is cause for alarm. "I would not let that [vaccine] be injected in my body," he said. "I would demand: Where is the toxicity data from the lab?"

Note: Read a New York Times/MSN article titled "Corporate Insiders Pocket $1 Billion in Rush for Coronavirus Vaccine." For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and vaccines from reliable major media sources.

The drug that buoyed expectations for a coronavirus treatment and drew international attention for Gilead Sciences, remdesivir, started as a reject. To make progress, Gilead needed help from U.S. taxpayers. Lots of help. Three federal health agencies were deeply involved in remdesivir’s development every step of the way, providing tens of millions of dollars of government research support. Federal agencies have not asserted patent rights to Gilead’s drug. That means Gilead will have few constraints other than political pressure when it sets a price. “Without direct public investment and tax subsidies, this drug would apparently have remained in the scrapheap of unsuccessful drugs,” Rep. Lloyd Doggett (D-Tex.) ... said earlier this month. Doggett and Rep. Rosa L. DeLauro (D-Conn.) have asked Health and Human Services Secretary Alex Azar for a detailed financial accounting of federal support for remdesivir’s discovery and development. Watchdog groups ... have documented the large taxpayer-funded contributions toward the drug. Public Citizen estimates public investment at a minimum of $70 million. An independent organization that measures the cost-effectiveness of drugs said Gilead could be justified in charging up to $4,500 for a 10-day course of treatment for a single coronavirus patient. But advocates, citing a study by academic researchers on what it costs to make the drug, have said Gilead could break even by charging $1 per dose.

Note: According to this CNBC article Gilead is charging from $2,000 to $3,120 per patient despite huge subsidies. Gilead is the same company which developed Tamiflu and licensed it to Roche. Aggressive sales of Tamiflu to governments around the world brought profits of over $1 billion yet almost none of the doses sold were ever used, as described in this Reuters article. The study that is being used to tout Remdesivir was conducted by none other than Gilead. Could there be conflict of interest here? For more, see summaries of revealing news articles on big Pharma corruption.

Pediatricians say students should be in classrooms for in-person learning as soon as possible – the most full-throated endorsement yet for getting children back into schools amid the coronavirus pandemic and one that was included in a set of recommendations released by the American Academy of Pediatrics for how schools should safely reopen. "The importance of in-person learning is well-documented, and there is already evidence of the negative impacts on children because of school closures in the spring of 2020," the group representing 67,000 pediatricians wrote. "Lengthy time away from school ... often results in social isolation, making it difficult for schools to identify and address important learning deficits as well as child and adolescent physical or sexual abuse, substance use, depression, and suicidal ideation. This, in turn, places children and adolescents at considerable risk of morbidity and, in some cases, mortality." The recommendations acknowledge that infectious disease experts are still learning about the effects of COVID-19. But the academic, physical and mental upsides associated with reopening outweigh the risks, the group concludes, especially as evidence mounts that children ... tend to exhibit milder symptoms when they do contract the virus. Perhaps most importantly, the pediatric group concludes, reopening is essential for the country's most vulnerable students, including poor students and students of color.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

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