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.
Planned Parenthood is promoting a new cartoon ad urging children to take hormone blockers to delay puberty if they believe they are “intersex” or feel confused about their gender. “There’s no one-size fits all puberty experience. If you’re trans, intersex or nonbinary know that you’re not the only one feeling confused,” the narrator of the ad for kids assures. Children who are “intersex” may experience puberty ...
The Canadian Covid Care Alliance, which consists of over 500 independent Canadian doctors, scientists, and health care practitioners, released an in-depth analysis of the Pfizer COVID-19 vaccine claiming that it can do more harm than good to people. According to its website, the Pfizer 6 month data shows that Pfizer’s COVID-19 vaccines cause more illness than they prevent. Also, an overview of the Pfizer trial flaws in ...
A panel of health advisors to the Centers for Disease Control and Prevention voted Thursday unanimously that adults seeking boosters should go with Pfizer-BioNTech or Moderna vaccine rather than Johnson & Johnson vaccine. The Advisory Committee on Immunization Practices voted 15-0 that the mRNA vaccines are “preferred” to the J&J vaccine because they’re the safest and most effective vaccines. CDC Director Rochelle Walensky is expected to ...
The leading doctor credited with improving early treatment of COVID-19 said in a conference that the goal of vaccine transmission campaigns is to “control and kill off a large proportion of our population without anyone suspecting that we were poisoned.” “The deaths that are meant to follow the vaccinations will never be able to be pinned on the poison. They will be too diverse, there will be too ...
A nurse who has worked in the intensive care unit for over two decades is sounding the alarm on the disturbing malpractice she has witnessed and was subjected to in a hospital’s intensive care unit throughout the coronavirus pandemic. As the medical community adjusts to treating the man-made virus, a Chi-com bioweapon, the end of the “state of emergency” appears to have no end. A nurse ...
On November 16, 2021, it was reported that 15 vials of smallpox (variola) were found at Merck’s North Wales, PA laboratory in a freezer. While many people are panicking about smallpox being used as a bioweapon to unleash on Americans, as Bill Gates suggested just a couple weeks ago, the real question is – were there really vials found, or is this to invoke panic, siphon ...
The FDA has asked a federal judge to make the public wait until the year 2076 to disclose all of the data and information it relied upon to license Pfizer’s COVID-19 vaccine. That is not a typo. It wants 55 years to produce this information to the public. As explained in a prior article, the FDA repeatedly promised “full transparency” with regard to Covid-19 vaccines, including reaffirming “the ...
Two weeks before Omicron variant suddenly appeared in Africa and started making the news cycle, Israel, which has been Pfizer’s human laboratory to test their COVID shots, ran a “war games” simulation to prepare for a “deadly new variant” which at the time had not yet been named. They called this future variant “Omega,” and the simulation was carried out on November 11, 2021. The Jerusalem Post ...
Billionaire globalist Bill Gates has urged world leaders to prepare for an imminent “bioterrorist attack” that will result in a pandemic much deadlier than Covid. Appearing in a Policy Exchange interview with the chair of the Health Select Committee Jeremy Hunt on Wednesday, Gates called for the creation of a new World Health Organization (WHO) body to be formed. Bill Gates was one of the few who warned ...
A whistleblower involved in Pfizer's pivotal phase III Covid-19 vaccine trial has leaked evidence to a notable peer-reviewed medical publication that poor practices at the contract research company she worked for raise questions about data integrity and regulatory oversight. Brook Jackson, a now-fired regional director at Ventavia Research Group, revealed to The BMJ that vaccine trials at several sites in Texas last year had major problems - including falsified data, broke fundamental ...
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.
