TV News LIES

Sunday, Dec 21st

Last update09:46:34 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...


Trump's push to end transgender care for young people opposed by pediatricians

Display at Gender Health Program Dr. Kade Goepferd watched the Trump administration's moves on Thursday to ban gender-affirming care for transgender...

Johnson & Johnson ordered to pay $40m to women who said talc to blame for cancer

J&J settles over talc A California jury on Friday awarded $40m to two women who said Johnson & Johnson’s baby...

Obamacare expiration will have ‘death spiral’ effect on US healthcare – experts

Obamacare expiration will be death spiralWith subsidies for Affordable Care Act (ACA) health insurance set to expire, Americans who rely on...

Nearly 3 million people have caught the flu. Here’s where the virus is hitting hardest

Flu seasonConnecticut, Georgia, Idaho, Massachusetts, Michigan, Rhode Island, South Carolina, Texas and Puerto Rico also saw an...
 
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!