Big Pharma is the nickname given to the world’s vast and influential pharmaceutical industry and its trade group, the Pharmaceutical Research and Manufacturers of America …
Big Pharma
Big Pharma is the nickname given to the world’s vast and influential pharmaceutical industry and its trade group, the Pharmaceutical Research and Manufacturers of America or PhRMA. Big Pharma and medical device companies make billions of dollars every year selling drugs and devices — including those that were recalled or involved in fraud or product liability lawsuits. The global revenue for pharmaceuticals was over $1 trillion in 2014. But nowhere else in the world do the drug and medical device industries have as much power and make as much money as in the U.S. In fact, Americans spent an all-time high of $457 billion on prescription drugs in 2015. By 2020, it will be $610 billion. Medical devices are also lucrative. The U.S. makes up about half of the world’s share of the market at about $148 billion, according to the U.S. Department of Commerce.
Meanwhile, drug prices continue to rise. Consulting firm Segal Consulting expects drug prices for Americans under age 65 to rise 11.6 percent in 2017. In contrast, wages are only expected to rise 2.5 percent, leaving many American unable to afford their medications. Big Pharma even contributes heavily to the annual budget of the U.S. Food and Drug Administration (FDA) through application fees (user fees) for its new products. Experts say the industry contributes about two thirds of the FDA’s budget. Five of the top 10 pharma and medical device companies for 2016 are headquartered in the U.S.: Johnson & Johnson, Pfizer, Merck, Gilead and AbbVie.
The underside of the industry reveals a history of fraud, bribery, product liability lawsuits and scandals that led to billions in settlements — a known cost of doing business for these companies who are “too big to jail.” Despite criminal charges and fines, the companies continue to do business. The majority of drugs and medical devices have ties to a small group of parent companies. Prescription drugs and devices manufactured by these companies bring in billions in profits. The biggest drug makers may also have subsidiaries that manufacture medical devices. Pharmaceutical companies are typically larger and make more money than companies that focus on medical devices.
Seven children were paralyzed by vaccine-derived polio linked to the new nOPV2 polio vaccine developed by the Bill & Melinda Gates Foundation, according to health officials in the Democratic Republic of the Congo and Burundi and the Global Polio Eradication Initiative (GPEI), which on Thursday announced the news. Seven children were paralyzed by vaccine-derived polio linked to the new nOPV2 polio vaccine developed by the Bill & Melinda ... Read More
Dr. Susan Bradley, who helped pioneer “gender affirming care” in Canada, has now spoken against the popular model of “gender affirming care” by placing children on puberty blockers, according to an interview with the Daily Caller. Dr. Bradley founded the Child and Adolescent Gender Identity clinic in Toronto, Canada in 1975 began to issue puberty blockers to children around the early 2000s. Prior to the medication, she ... Read More
The Department of Defense (DOD) mandated the vaccine for all servicemembers and marketed it as safe, but whistleblowers say their concerns about possible adverse responses went unheeded. A spokesperson for the Defense Health Agency (DHA), which oversees medical services for the Army, Navy and Air Force, told the Daily Caller News Foundation DOD monitors a database where individuals can publicly report negative health events they believe may be related to the mandated ... Read More
The 65th Annual Grammy Awards held in Los Angeles Sunday night and broadcast on CBS featured the Grammy’s usual tribute to the Prince of Darkness, this time apparently sponsored by pharmaceutical giant Pfizer. The Satanic performance of the 2022 hit song Unholy by Sam Smith and transgender singer Kim Petras (“Mummy don’t know Daddy’s getting hot, At the Body Shop, doing something unholy”) was followed by a promo ... Read More
Researchers in the United States and the United Kingdom have revealed that Lagevrio, a drug designed by Merck meant to treat COVID, is causing the virus to mutate in patients. This creates the potential for more communicable and deadly versions of COVID to emerge in the future. When one studies how Lagevrio works, this should not come as a shock. The pill attacks the COVID virus by trying ... Read More
Project Veritas released a new video today exposing a Pfizer executive, Jordon Trishton Walker, who claims that his company is exploring a way to “mutate” COVID via “Directed Evolution” to preempt the development of future vaccines. When confronted following the release of the undercover video, Jordan Tristan Walker plays victim and destroys a Project Veritas iPad. Walker says that Directed Evolution is different than Gain-of-Function, which ... Read More
In a massive victory for humanity, the Florida Supreme Court has approved of a criminal investigation into the experimental COVID injections that were in many cases forced upon American citizens. Gov. Ron DeSantis (R) had requested the Supreme Court impanel a grand jury to review evidence that the pharmaceutical companies who deployed the COVID-19 shots should be held accountable for vaccine injuries. The Florida Supreme Court ... Read More
A former California state senator whose proposal to mandate coronavirus vaccines for school children was too radical for the progressive state legislature is now consulting with the American Medical Association. Dr. Richard Pan will join the AMA's Medical Education Group, where he will consult on the organization's standards for universities' medical training programs. Pan, a pediatrician, made waves this year with a proposal to vaccinate all ... Read More
Pfizer’s Covid vaccine has been authorised in the U.K. for infants aged six months to four years-old, the medicines regulator confirmed today. The Mail has more. Covid vaccines were today approved for babies in Britain, in a move likely to spark huge controversy. Regulators gave the green light for all infants older than six months to get a special, low-dose formulation of Pfizer’s jab. Its decision opens the ... Read More
Members of the World Health Organization (WHO), an unelected international public health agency, are meeting to consider a draft version of a proposed international pandemic treaty which will give the WHO new powers to “tackle false, misleading, misinformation or disinformation” and be legally binding under international law. The draft treaty contains various provisions in Article 16 (“Strengthening pandemic and public health literacy”) that require the WHO’s 194 ... Read More
Big Pharma is the nickname given to the world’s vast and influential pharmaceutical industry and its trade group, the Pharmaceutical Research and Manufacturers of America or PhRMA. Big Pharma and medical device companies make billions of dollars every year selling drugs and devices — including those that were recalled or involved in fraud or product liability lawsuits. The global revenue for pharmaceuticals was over $1 trillion in 2014. But nowhere else in the world do the drug and medical device industries have as much power and make as much money as in the U.S. In fact, Americans spent an all-time high of $457 billion on prescription drugs in 2015. By 2020, it will be $610 billion. Medical devices are also lucrative. The U.S. makes up about half of the world’s share of the market at about $148 billion, according to the U.S. Department of Commerce.
