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Pharmaceutical Corruption News Articles
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Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.


AstraZeneca Sued Over Covid-19 Vaccine Clinical Trial Injury
2024-05-13, Bloomberg
https://news.bloomberglaw.com/health-law-and-business/astrazeneca-sued-over-c...

AstraZeneca is being sued by a woman who claims she was disabled by the company's Covid-19 vaccine. Brianne Dressen said she was "the picture of good health" when getting the AstraZeneca Covid vaccine in 2020 at the age of 39 through a Salt Lake County, Utah, clinical trial. In the hours that followed, her arm began to tingle and the feeling spread up to her shoulder, then to her opposite arm. Later, other symptoms followed, including blurred vision, a headache, ringing ears, and vomiting. In 2021, National Institutes of Health neurologists diagnosed her with "post vaccine neuropathy." Dressen is the co-chair of React19, an interest group for people alleging injury from Covid-19 vaccines. Now, she's suing AstraZeneca over medical expenses and more, arguing she's still disabled and unable to work and carry on with many activities as she once had. The lawsuit, which accuses AstraZeneca of breaching contractual obligations, comes days after AstraZeneca pulled its Covid-19 vaccine off the market. AstraZeneca has said it was doing so due to a lack of demand and not for safety reasons. The vaccine, however, has faced concerns over its efficacy and safety. As of April 1, over 10,000 claims alleging injury or death from a Covid-19 shot have been filed with the Countermeasures Injury Compensation Program, according to the HHS. In a separate lawsuit, Dressen's React19 and people alleging vaccine injuries are suing the HHS over the program.

Note: People injured by AstraZeneca's vaccine were censored on social media when they tried to talk about their experiences. While mainstream narratives emphasize how rare these injuries are, the numbers speak for themselves. The Vaccine Adverse Event Reporting System (VAERS) is a voluntary government reporting system that only captures a portion of the actual injuries. Vaccine adverse event numbers are made publicly available, and currently show 38,068 COVID Vaccine Reported Deaths and 1,652,230 COVID Vaccine Adverse Event Reports.


In bed with big pharma: Corruption fears as report finds US doctors received record $12bn in pharma payments in past decade
2024-03-04, MSN News/Daily Mail (One of the UK's Popular Newspapers)
https://www.msn.com/en-sg/health/other/in-bed-with-big-pharma-corruption-fear...

Almost six in ten doctors in the US received more than $12 billion in payments from pharma firms in the past decade, an analysis has revealed. A study by researchers at Yale University found that 57 percent of doctors earned the huge sums from manufacturers in relation to medical drugs or devices between 2013 and 2022. Most of the money was for consulting services or fees for things such as serving as a speaker at a venue, but the physicians also received large amounts of money for food and beverages and gifts. Orthopedic surgeons were found to receive the largest total sum of payments, at $1.36bn, and the most common drugs related to payments were blood thinners Xarelto and Eliquis. 'Despite evidence that financial conflicts of interest may influence physician prescribing and may damage patients' trust in medical professionals, such payments remain pervasive,' the researchers wrote. After orthopedic surgeons, the physicians that received the largest total sum of payments were neurologists and psychiatrists, who received $1.32bn, and cardiologists, who got $1.29bn. Although the median payment to doctors was $48, payments to the top 0.1 percent of doctors were far higher and differed depending on specialty. The average amount paid to the top 0.1 percent of orthopedists was $4,826,944. For the top 0.1 percent of cardiologists, it was $3,197,675, and for the top 0.1 percent of neurologists and psychiatrists it was $2,588,819.

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


Pharmacies share medical data with police without a warrant, inquiry finds
2023-12-12, Washington Post
https://www.washingtonpost.com/technology/2023/12/12/pharmacy-records-police-...

The nation's largest pharmacy chains have handed over Americans' prescription records to police and government investigators without a warrant, a congressional investigation found, raising concerns about threats to medical privacy. Though some of the chains require their lawyers to review law enforcement requests, three of the largest – CVS Health, Kroger and Rite Aid, with a combined 60,000 locations nationwide – said they allow pharmacy staff members to hand over customers' medical records in the store. Pharmacies' records hold some of the most intimate details of their customers' personal lives, including years-old medical conditions and the prescriptions they take for mental health and birth control. Because the chains often share records across all locations, a pharmacy in one state can access a person's medical history from states with more-restrictive laws. The Health Insurance Portability and Accountability Act, or HIPAA, regulates how health information is used and exchanged among "covered entities" such as hospitals and doctor's offices. But the law gives pharmacies leeway as to what legal standard they require before disclosing medical records to law enforcement. In briefings, officials with eight American pharmacy giants – Walgreens Boots Alliance, CVS, Walmart, Rite Aid, Kroger, Cigna, Optum Rx and Amazon Pharmacy – told congressional investigators that they required only a subpoena, not a warrant, to share the records.

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


OxyContin's Reformulation Linked to Rising Suicides by Children
2023-12-04, Reason
https://reason.com/2023/12/04/oxycontins-reformulation-linked-to-rising-suici...

In 2010, Purdue Pharma replaced the original version of OxyContin, an extended-release oxycodone pill, with a reformulated product that was much harder to crush for snorting or injection. The reformulation of OxyContin was instead associated with an increase in deaths involving illicit opioids and, ultimately, an overall increase in fatal drug overdoses. Researchers ... found that death rates rose fastest in states where reformulation would have had the biggest impact. A new study by RAND Corporation senior economist David Powell extends those findings by showing that the reformulation of OxyContin also was associated with rising suicides among children and teenagers. The root cause of such perverse effects was the substitution that occurred after the old version of OxyContin was retired. Nonmedical users turned to black-market alternatives that were more dangerous because their potency was highly variable and unpredictable–a hazard that was compounded by the emergence of illicit fentanyl as a heroin booster and substitute. The fallout from the reformulation of OxyContin is one example of a broader tendency: Interventions aimed at reducing the harm caused by substance abuse frequently have the opposite effect. Based on interstate differences in nonmedical use of OxyContin prior to 2010, Powell estimates that "the reformulation of OxyContin can explain 49% of the rise in child suicides."

Note: More than 107,000 people in the United States died due to opioid overdoses in 2021. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.


J&J unit, P&G, Walgreens misled consumers about decongestants, lawsuits say
2023-09-15, Reuters
https://www.reuters.com/legal/jj-pg-sued-after-fda-panel-ruling-cold-medicine...

Procter & Gamble (PG.N), Walgreens (WBA.O) and Johnson & Johnson's (JNJ.N) former consumer business are among several companies accused in lawsuits of deceiving consumers about cold medicines containing an ingredient that a unanimous U.S. Food and Drug Administration advisory panel declared ineffective. Proposed class actions were filed on Wednesday and Thursday, after the panel reviewed several studies and concluded this week that the ingredient phenylephrine marketed as a decongestant was essentially no better than a placebo. According to an agency presentation, about 242 million products with phenylephrine were sold in the United States last year, generating $1.76 billion of sales and accounting for about four-fifths of the market for oral decongestants. The first lawsuit appeared to have been filed in Pensacola, Florida, federal court. It said Johnson & Johnson Consumer and Procter & Gamble should have known by 2018 that their marketing claims about products with phenylephrine were "false and deceptive." That year was when new FDA guidance for evaluating symptoms related to nasal congestion demonstrated that earlier data about phenylephrine's effectiveness could no longer be relied upon, the complaint said. The plaintiff Steve Audelo, a Florida resident, said he bought Johnson & Johnson's Sudafed PE and Benadryl Allergy Plus, and Procter & Gamble's Vicks NyQuil, based on the companies' claims that the products worked.

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


COVID-19 Drugmakers Pressured Twitter to Censor Activists Pushing for Generic Vaccine
2023-01-16, The Intercept
https://theintercept.com/2023/01/16/twitter-covid-vaccine-pharma/

Vaccine-makers sought to shape content moderation actions at Twitter. Stronger, a campaign run by Public Good Projects, a public health nonprofit specializing in large-scale media monitoring programs, regularly communicated with Twitter on regulating content related to the pandemic. The firm worked closely with the San Francisco social media giant to help develop bots to censor vaccine misinformation and, at times, sent direct requests to Twitter with lists of accounts to censor and verify. Internal Twitter emails show regular correspondence between an account manager at Public Good Projects, and various Twitter officials, including Todd O'Boyle, lobbyist with the company who served as a point of contact with the Biden administration. The content moderation requests were sent throughout 2021 and early 2022. The entire campaign ... was entirely funded by the Biotechnology Innovation Organization, a vaccine industry lobbying group. BIO, which is financed by companies such as Moderna and Pfizer, provided Stronger with $1,275,000 in funding for the effort, which included tools for the public to flag content on Twitter, Instagram, and Facebook for moderation. Many of the tweets flagged by Stronger contained absolute falsehoods. But others hinged on a gray area of vaccine policy through which there is reasonable debate, such as requests to label or take down content critical of vaccine passports and government mandates to require vaccination.

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


Big Pharma's Covid-19 Profiteers
2020-08-13, Rolling Stone
https://www.rollingstone.com/politics/politics-features/big-pharma-covid-19-p...

What Americans need to understand about the race to find vaccines and treatments for Covid-19 is that in the U.S., even when companies appear to downshift from maximum greed levels – and it's not at all clear they've done this with coronavirus treatments – the production of pharmaceutical drugs is still a nearly riskless, subsidy-laden scam. Americans reacted in horror five years ago when a self-satisfied shark of an executive named Martin Shkreli, a.k.a. the "Pharma Bro," helped his company, Turing Pharmaceuticals, raise the price of lifesaving toxoplasmosis drug Daraprim from $13.50 to $750 per pill. Shkreli, who smirked throughout congressional testimony ... was held up as a uniquely smug exemplar of corporate evil. Really, the whole industry is one big Shkreli, and Covid-19 – a highly contagious virus with unique properties that may require generations of vaccinations and booster shots – looms now as the ultimate cash cow for lesser-known Pharma Bros. "The power of the industry combined with fear is driving extraordinary spending," says U.S. Rep. Lloyd Doggett (D-Texas), who has been ... warning about pandemic profiteering. "It all suggests rosy times ahead for the pharmaceutical industry." Recent House and Senate emergency-spending bills allocate as much as $20 billion or more for vaccine development, and another $6 billion for manufacturing and distribution. "The public will pay for much research and manufacturing," says Doggett. "Only the profits will be privatized."

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


Ghostwriters Used in Vioxx Studies, Article Says
2008-04-15, New York Times
https://www.nytimes.com/2008/04/15/business/15cnd-vioxx.html

The drug maker Merck drafted dozens of research studies for a best-selling drug, then lined up prestigious doctors to put their names on the reports before publication, according to an article ... in a leading medical journal. The article, based on documents unearthed in lawsuits over the pain drug Vioxx, provides a rare, detailed look in the industry practice of ghostwriting medical research studies that are then published in academic journals. The article cited one draft of a Vioxx research study that was still in want of a big-name researcher, identifying the lead writer only as "External author?" Vioxx was a best-selling drug before Merck pulled it from the market in 2004 over evidence linking it to heart attacks. Last fall the company agreed to a $4.85 billion settlement to resolve tens of thousands of lawsuits. The lead author of Wednesday's article, Dr. Joseph S. Ross ... said a close look at the Merck documents raised broad questions about the validity of much of the drug industry's published research, because the ghostwriting practice appears to be widespread. "It almost calls into question all legitimate research that's been conducted by the pharmaceutical industry with the academic physician," Dr. Ross said, whose article ... was published Wednesday in JAMA, the journal of the American Medical Association. Although the role of pharmaceutical companies in influencing medical journal articles has been questioned before, the Merck documents provided the most comprehensive look at the magnitude of the practice.

Note: Vioxx may have been responsible for 500,000 premature deaths. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.


Pfizer Hikes 2021 Outlook After Vaccine Boosts Sales, Profit
2021-07-28, U.S. News & World Report
https://www.usnews.com/news/best-states/new-york/articles/2021-07-28/pfizer-r...

Strong sales of its COVID-19 vaccine and other medicines helped Pfizer nearly double its second-quarter revenue and boost its profit an impressive 59%, beating Wall Street expectations and leading the drug giant to sharply hike its 2021 sales and profit forecasts. Amid the surging coronavirus pandemic, the COVID-19 vaccine became Pfizer's top seller, bringing in nearly half its revenue – $7.84 billion from direct sales and revenue split with its partner, Germany's BioNTech. Pfizer now anticipates revenue from the two-dose vaccine this year to reach $33.5 billion for the 2.1 billion doses it's contracted to provide by year end. That doesn't include a contract struck last week to provide an additional 200 million doses to the U.S. The New York company on Wednesday disclosed that ongoing testing of a booster shot, given six months after the second vaccine dose, showed it raised antibody levels against the more-transmissible Delta variant to 11 times higher in older people and five times higher in younger people, compared to levels after two doses. Pfizer has delivered more than 1 billion doses of the vaccine globally and expects to make 3 billion doses this year, with many more going to low- and middle-income countries from now through year's end. Most doses of all the COVID-19 vaccines produced in Europe and the U.S. so far have gone to wealthy countries.

Note: When public health is at stake, should private companies be making huge profits like this? Read more in this information article. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma profiteering and coronavirus vaccines from reliable major media sources.


The race for a coronavirus vaccine is making some corporate insiders very rich.
2020-07-27, New York Times
https://www.nytimes.com/2020/07/27/business/the-race-for-a-coronavirus-vaccin...

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.


Purdue Pharma pleads guilty to federal criminal charges related to nation's opioid crisis
2020-11-30, CNN News
https://www.cnn.com/2020/11/24/us/purdue-pharma-oxycontin-guilty-plea/index.html

Purdue Pharma, the maker of OxyContin, pleaded guilty Tuesday to three federal criminal charges related to the company's role in creating the nation's opioid crisis. Purdue Pharma board chairman Steve Miller pleaded guilty on behalf of the company during a virtual federal court hearing in front of US District Judge Madeline Cox Arleo. The counts include one of dual-object conspiracy to defraud the United States and to violate the Food, Drug, and Cosmetic Act, and two counts of conspiracy to violate the Federal Anti-Kickback Statute. The plea deal announced in October includes the largest penalties ever levied against a pharmaceutical manufacturer, including a criminal fine of $3.544 billion and an additional $2 billion in criminal forfeiture, according to a Department of Justice press release. According to the US Centers for Disease Control and Prevention, about 70,000 Americans died of drug overdoses in 2018, just one year of the opioid crisis, and about 70% of those deaths were caused by prescription or illicit opioids like OxyContin. Several civil lawsuits against Purdue Pharma related to the opioid crisis are still ongoing as the company undergoes bankruptcy proceedings. The Plaintiffs' Executive Committee in the National Prescription Opiate Litigation Multi-District Litigation called Purdue Pharma's guilty plea "long overdue." "Their illegal and profit-seeking actions were egregious. It is important to note, however, that they are just one company in one part of the larger opioid supply chain," [the plaintiffs'] attorneys ... said.

Note: The company pays huge fines for the deaths of countless thousands, yet the CEO and others responsible face no legal charges. Where is the deterrent for this egregious behavior? For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.


How Healthcare Costs Hurt American Workers and Benefit the Wealthy
2020-02-20, Time
https://time.com/5785945/health-care-problems-america/

The percentage of national income that is absorbed by health care has grown over the past half-century, from 5% in 1960 to 18% in 2017, reducing what is available for anything else from 95% in 1960 to 82% today. The costs of health care contribute to the long-term stagnation in wages; to fewer good jobs, especially for less educated workers; and to rising income inequality. American health care is the most expensive in the world, and yet American health is among the worst among rich countries. The U.S. has lower life expectancy than the other wealthy countries but vastly higher expenditures per person. In 2017, the Swiss lived 5.1 years longer than Americans but spent 30% less per person; other countries achieved a similar length of life for still fewer health dollars. How is it possible that Americans pay so much and get so little? The money is certainly going somewhere. What is waste to a patient is income to a provider. The industry is not very good at promoting health, but it excels at promoting wealth among health care providers. Employer-based coverage is a huge barrier to reform. So is the way that the health care industry is protected in Washington by its lobbyists—five for every member of Congress. Our government is complicit in an extortion that is an important contributor to income inequality. Through pharma companies that get rich by addicting people, and through excessive costs that lower wages and eliminate good jobs, the industry that is supposed to improve our health is undermining it.

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


The medications that change who we are
2020-01-08, BBC News
https://www.bbc.com/future/article/20200108-the-medications-that-change-who-w...

Many ordinary medications don't just affect our bodies – they affect our brains. Over the years, [researcher Beatrice] Golomb has collected reports from patients across the United States – tales of broken marriages, destroyed careers, and a surprising number of men who have come unnervingly close to murdering their wives. In almost every case, the symptoms began when they started taking statins, then promptly returned to normal when they stopped; one man repeated this cycle five times. From paracetamol (known as acetaminophen in the US) to antihistamines, statins, asthma medications and antidepressants, there's emerging evidence that they can make us impulsive, angry, or restless, diminish our empathy for strangers, and even manipulate fundamental aspects of our personalities, such as how neurotic we are. But Golomb's most unsettling discovery isn't so much the impact that ordinary drugs can have on who we are – it's the lack of interest in uncovering it. "There's much more of an emphasis on things that doctors can easily measure," she says, explaining that, for a long time, research into the side-effects of statins was all focused on the muscles and liver, because any problems in these organs can be detected using standard blood tests. This is something that Dominik Mischkowski, a pain researcher from Ohio University, has also noticed. "There is a remarkable gap in the research actually, when it comes to the effects of medication on personality and behaviour," he says.

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


Our dangerous fear of pain
2019-11-27, Washington Post
https://www.washingtonpost.com/outlook/2019/11/27/our-dangerous-fear-pain/?ar...

One of the first things I learned about pain was its value. I was a third-year medical student in 1976. We were ... encouraged to listen carefully to the patient’s experience of pain, the timing, the duration and any factors that made it better or worse. Forty years later, our concept of pain couldn’t be more different. Instead of learning from pain, we now regard it as an illness in and of itself. Insurance companies, health-care providers and drugmakers have all worked to increase the public’s fear of pain, leading us to see it as something to be treated, eliminated, banished — never lived with or accommodated or managed — lest it destroy us. They turned our natural fear into big business; our fee-for-service system has multiplied treatments based primarily on the financial rewards for pharmaceutical companies, doctors and hospitals. That attitude shift is perhaps the most overlooked explanation for an opioid crisis that kills tens of thousands of Americans every year. A healthy fear of pain ... protects us from injury and reminds us to allow time for healing. But otherwise, the fear of pain, and the belief that a pain-free existence is optimal or even possible, has been a catastrophe for patients. Before the opioid revolution, doctors understood that pain was important to keeping us safe, to be lived with and managed. Even if this meant we bore frequent episodes of discomfort, that was better than the nationwide crisis America faces today. Life isn’t “pain free.” If we want to end the epidemic of addiction, we need to relearn that lesson.

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


Purdue Pharma to pay $270 million to settle historic Oklahoma opioid lawsuit
2019-03-26, CNN News
https://www.cnn.com/2019/03/26/health/purdue-pharma-oklahoma-opioid-lawsuit-s...

Purdue Pharma has agreed to pay $270 million to settle a historic lawsuit brought by the Oklahoma attorney general, who accused the OxyContin maker of aggressively marketing the opioid painkiller and fueling a drug epidemic that left thousands dead in the state. The settlement comes after Purdue [sought] to delay the start of the trial, which is scheduled for May 28. Attorney General Mike Hunter said ... that $102.5 million of the settlement would be used to help establish a national addiction treatment and research center at Oklahoma State University. The company will also provide $20 million of addiction treatment and opioid rescue medications to the center. A remaining $12.5 million from the settlement will be used directly to help cities and counties with the opioid crisis. The Sackler family, who founded and own Purdue Pharma, will also contribute $75 million over the next five years to the treatment and research center. The lawsuit was brought by Hunter against some of the nation's leading makers of opioid pain medications, alleging that deceptive marketing over the past decade fueled the epidemic in the state. Hunter has said the defendants - Purdue Pharma, Johnson & Johnson, Teva Pharmaceuticals, Allergan and others - deceived the public into believing that opioids were safe for extended use. The settlement was only with Purdue Pharma, and the other defendants are still scheduled to go to trial. Thirty-six states have brought cases against Purdue and other opioid drugmakers.

Note: Many doctors also profited from excessive prescribing of dangerous opioids. And according to a former DEA agent, Congress helped drug companies fuel the opioid epidemic. For more along these lines, see concise summaries of deeply revealing Big Pharma corruption news articles from reliable major media sources.


These NHS Staff Were Told The Swine Flu Vaccine Was Safe, And Now They're Suffering The Consequences
2018-02-23, BuzzFeed
https://www.buzzfeed.com/shaunlintern/these-nhs-staff-were-told-the-swine-flu...

When nurse Meleney Gallagher was told to line up with her colleagues on the renal ward at Sunderland Royal Hospital, for her swine flu vaccination, she had no idea the injection she was about to have had not gone through the usual testing process. It had been rushed into circulation after the swine flu virus had swept across the globe in 2009. Gallagher was one of thousands of NHS staff vaccinated with Pandemrix, a vaccine made by pharmaceutical giant GlaxoSmithKline (GSK). Eight years later, her career in the NHS is a memory and she's living with incurable, debilitating narcolepsy and suffers from cataplexy, a sudden, uncontrollable loss of muscle tone that can cause her to collapse without warning. Because of her condition, she can no longer work or drive. People with narcolepsy experience chronic fatigue and difficulty sleeping at night. They can have night terrors, hallucinations, and a range of mental health problems. Gallagher is not alone. More than a dozen frontline NHS staff are among around 1,000 adults and children across Europe who are believed to have developed narcolepsy after being given Pandemrix. Gallagher and four other NHS professionals – two nurses, a community midwife, and a junior doctor – have told how they felt pressured into receiving the vaccine, were given misleading information, and ultimately lost their careers. They are all suing GlaxoSmithKline seeking compensation for what they believe was a faulty drug that has left them with lifelong consequences.

Note: Yet the media and big Pharma continually tout the safety of their vaccines. For more along these lines, see concise summaries of deeply revealing news articles on vaccines from reliable major media sources.


You'd Think Doctors Would Know About Big Pharma's Rap Sheet – Many Don't
2024-09-11, The Brownstone Institute
https://brownstone.org/articles/big-pharmas-rap-sheet/

The pharmaceutical industry, as a whole and by its nature, is conflicted and significantly driven by the mighty dollar, rather than altruism. A 2020 peer-reviewed article published in the Journal of the American Medical Association outlines the extent of the problem. The group studied both the type of illegal activity and financial penalties imposed on pharma companies between the years 2003 and 2016. Of the companies studied, 85 percent (22 of 26) had received financial penalties for illegal activities with a total combined dollar value of $33 billion. The illegal activities included manufacturing and distributing adulterated drugs, misleading marketing, failure to disclose negative information about a product (i.e. significant side effects including death), bribery to foreign officials, fraudulently delaying market entry of competitors, pricing and financial violations, and kickbacks. The highest penalties were awarded to Schering-Plough, GlaxoSmithKline (GSK), Allergan, and Wyeth. The biggest overall fines have been paid by GSK (almost $10 billion), Pfizer ($2.9 billion), Johnson & Johnson ($2.6 billion), and other familiar names including AstraZeneca, Novartis, Merck, Eli Lilly, Schering-Plough, Sanofi Aventis, and Wyeth. Five US states – Texas, Kansas, Mississippi, Louisiana, and Utah – are taking Pfizer to court for withholding information, and misleading and deceiving the public through statements made in marketing its Covid-19 injection.

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


Supreme Court opioid case makes it harder to shield wealth in bankruptcy
2024-06-29, Washington Post
https://www.washingtonpost.com/business/2024/06/29/bankruptcy-supreme-court-p...

A Supreme Court ruling against the opioid company Purdue Pharma ... substantially raised the bar for executives and owners trying to shield their wealth. Johnson & Johnson, Boy Scouts of America and Rite Aid are among the entities trying to handle a vast number of lawsuits in bankruptcy court, seeking to resolve all claims in a single settlement. These proceedings have echoes of the Purdue Pharma case decided by the Supreme Court on Thursday, in which the Sackler family, which owns the bankrupt opioid-maker, offered plaintiffs about $6 billion of the $11 billion they extracted from the company. In exchange, family members would have received immunity from future lawsuits, without filing for bankruptcy themselves. A 5-4 Supreme Court held that settlement was inadequate. Its ruling threw the massive bankruptcy case against Purdue Pharma into doubt after years of court battles over the company's role in the nation's opioid epidemic. The decision also adds a fresh wrinkle to a controversial legal strategy, called the Texas two-step, in which companies use a Texas law to split into separate companies and shift a large volume of legal claims onto the newly created entity. In the second step, the entity carrying the lawsuits files for bankruptcy and seeks to release its parent organization from all liability in exchange for a payout. Johnson & Johnson transferred some of its assets and all of the legal claims against it over asbestos-tainted talcum powder into a new legal entity that filed for Chapter 11. Boy Scouts of America ... agreed to pay $2.5 billion to settle claims of sexual abuse in bankruptcy court, a deal that shields from future litigation insurance companies as well as schools, churches and community organizations involved with the nonprofit.

Note: For more like this, read about how powerful corporations use the bankruptcy system to dodge lawsuits over sexual abuse and deadly products. Along US opioid industry lines, read how the industry operated like a drug cartel. Watch our Mindful News Brief video on how the deadly War on Drugs protects the activities of the rich and powerful: military-intelligence interests within the US government, big banks, Big Pharma, and drug cartels.


The Opaque Industry Secretly Inflating Prices for Prescription Drugs
2024-06-21, New York Times
https://www.nytimes.com/2024/06/21/business/prescription-drug-costs-pbm.html

Americans are paying too much for prescription drugs. Pharmacy benefit managers ... are driving up drug costs for millions of people, employers and the government. The three largest pharmacy benefit managers, or P.B.M.s, act as middlemen overseeing prescriptions for more than 200 million Americans. They are owned by huge health care conglomerates – CVS Health, Cigna and UnitedHealth Group – and are hired by employers and governments. The job of the P.B.M.s is to reduce drug costs. Instead, they frequently do the opposite. They steer patients toward pricier drugs, charge steep markups on what would otherwise be inexpensive medicines and extract billions of dollars in hidden fees. Most Americans get their health insurance through a government program like Medicare or through an employer, which pay for two different types of insurance for each person. One type covers visits to doctors and hospitals, and it is handled by an insurance company. The other pays for prescriptions. That is overseen by a P.B.M. The P.B.M. negotiates with drug companies, pays pharmacies and helps decide which drugs patients can get at what price. In theory, everyone saves money. But those savings appear to be largely a mirage, a product of a system where prices have been artificially inflated so that major P.B.M.s and drug companies can boost their profits while taking credit for reducing prices.

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


Poison centers see nearly 1,500% increase in calls related to injected weight-loss drugs as people accidentally overdose
2023-12-18, CNN News
https://edition.cnn.com/2023/12/13/health/semaglutide-overdoses-wellness/inde...

Poison control centers across the US say they are seeing a steep increase in calls related to semaglutide, an injected medication used for diabetes and weight loss, with some people reporting symptoms related to accidental overdoses. Some have even needed to be hospitalized for severe nausea, vomiting and stomach pain, but their cases seem to have resolved after they were given intravenous fluids and medications to control nausea. From January through November, the America's Poison Centers reports nearly 3,000 calls involving semaglutide, an increase of more than 15-fold since 2019. In 94% of calls, this medication was the only substance reported. In most of the calls, people reported dosing errors, said Dr. Kait Brown, clinical managing director of the association. "Oftentimes, it's a person who maybe accidentally took a double dose or took the wrong dose," Brown said. Semaglutide was approved by the US Food and Drug Administration in 2017. It is sold as Ozempic when used for diabetes and Wegovy when used for weight loss. Even when used as directed by a doctor, people can have stomach and bowel side effects, including nausea, vomiting and constipation, especially when they start the drugs. After celebrities began openly embracing Ozempic on social media in 2022 as a way to lose weight, demand overwhelmed supply. There's no specific antidote for a semaglutide overdose.

Note: The money behind the makers of weight-loss drugs is staggering, with the economic value of Wegovy's Novo Nordisk soaring to over $420 billionexceeding the entire GDP of Denmark, its home country. Read more on the significant adverse effects associated with these drugs. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.


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