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Corporate Corruption News Articles
Excerpts of key news articles on corporate corruption


Below are key excerpts of little-known, yet highly revealing news articles on corporate corruption from the major media. Links are provided to the full news articles for verification. If any link fails to function, read this webpage. These articles on corporate corruption are listed by order of importance. You can also explore them ordered by the date of the article or by the date posted. By choosing to educate ourselves, we can build a brighter future.


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.


Erik Prince Recruits Ex-Spies to Help Infiltrate Liberal Groups
2020-03-07, New York Times
https://www.nytimes.com/2020/03/07/us/politics/erik-prince-project-veritas.html

Erik Prince, the security contractor with close ties to the Trump administration, has in recent years helped recruit former American and British spies for secretive intelligence-gathering operations that included infiltrating Democratic congressional campaigns, labor organizations and other groups considered hostile to the Trump agenda. One of the former spies, an ex-MI6 officer named Richard Seddon, helped run a 2017 operation to copy files and record conversations in a Michigan office of ... one of the largest teachers’ unions in the nation. The next year, the same undercover operative infiltrated the congressional campaign of Abigail Spanberger, then a former C.I.A. officer who went on to win an important House seat in Virginia as a Democrat. Both operations were run by Project Veritas, a conservative group that has gained attention using hidden cameras and microphones for sting operations. Mr. Prince, the former head of Blackwater Worldwide ... appears to have become interested in using former spies to train Project Veritas operatives in espionage tactics sometime during the 2016 presidential campaign. In 2017, he met with White House and Pentagon officials to pitch a plan to privatize the Afghan war. Mr. Prince invited Project Veritas operatives ... to his family’s Wyoming ranch for training in 2017. [They] shared social media photos of taking target practice with guns at the ranch, including one post ... saying that with the training, Project Veritas will be “the next great intelligence agency.”

Note: Mr. Prince's Blackwater operation got caught systematically defrauding the government. Then Blackwater changed its name to Academi and made over $300 million off the Afghan drug trade. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption from reliable major media sources.


Top MIT official resigns in wake of explosive report on donations facilitated by Jeffrey Epstein
2019-09-08, CNN News
https://www.cnn.com/2019/09/08/us/jeffrey-epstein-mit-official-resigns/?iid=o...

Joi Ito, the director of the Media Lab at MIT, resigned Saturday and the university is calling for an independent investigation following explosive allegations that he and at least one other person at the lab made efforts to make sure Jeffrey Epstein's name was not associated with donations he made or helped solicit. Internal communications and documents obtained by CNN - first reported by the New Yorker - show Epstein was integral to incoming donations from major donors, including $2 million from Bill Gates and at least $5 million from Leon Black, the founder of private equity firm Apollo Global Management. Internal email exchanges show Ito was in direct contact with Epstein about the late financier's donations, which documents show at one point were earmarked for a research scientist. As discussions continued about the funding for the researcher, the Director of Development and Strategy, Peter Cohen, sent an email to an undisclosed recipient, saying "Jeffrey money, needs to be anonymous." Internal communications dating back to 2014 include several references to Epstein being allowed to make small donations anonymously. The communications show that Epstein helped as an intermediary on high-dollar proposals. In October of 2014 Ito sent an email stating, "This is a $2M gift from Bill Gates directed by Jeffrey Epstein." His director of Development and Strategy - Cohen - responds "Great! For gift recording purposes, we will not be mentioning Jeffreys name as the impetus for this gift."

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


An onslaught of pills, hundreds of thousands of deaths: Who is accountable?
2019-07-20, Washington Post
https://www.washingtonpost.com/investigations/an-onslaught-of-pills-hundreds-...

The origin, evolution and astonishing scale of America’s catastrophic opioid epidemic just got a lot clearer. The drug industry - the pill manufacturers, wholesalers and retailers - found it profitable to flood some of the most vulnerable communities in America with billions of painkillers. They continued to move their product, and the medical community and government agencies failed to take effective action, even when it became apparent that these pills were fueling addiction and overdoses and were getting diverted to the streets. This has been broadly known for years, but this past week, the more precise details became public for the first time. The revelatory data comes from the Drug Enforcement Administration and its Automation of Reports and Consolidated Orders System (ARCOS). “This really shows a relationship between the manufacturers and the distributors: They were all in it together,” said Jim Geldhof, a retired DEA employee. “We’re seeing a lot of internal stuff that basically confirms ... that it was all about greed, and all about money.” The data shows a trend in pill distribution that, according to the lawsuit plaintiffs, can’t be passed off as reasonable therapeutic medical treatment. The industry shipped 76 billion oxycodone and hydrocodone pills across the country from 2006 through 2012, the period covered by the ARCOS data released this past week. These pills didn’t flow in a steady stream but were more like a flash flood, spiking from 8.4 billion in 2006 to 12.6 billion in 2012.

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


Pfizer had clues its blockbuster drug could prevent Alzheimer’s. Why didn’t it tell the world?
2019-06-04, Washington Post
https://www.washingtonpost.com/business/economy/pfizer-had-clues-its-blockbus...

A team of researchers inside Pfizer made a startling find in 2015: The company’s blockbuster rheumatoid arthritis therapy Enbrel, a powerful anti-inflammatory drug, appeared to reduce the risk of Alzheimer’s disease by 64 percent. The results were from an analysis of hundreds of thousands of insurance claims. Verifying that the drug would actually have that effect in people would require a costly clinical trial - and after several years of internal discussion, Pfizer opted against further investigation and chose not to make the data public, the company confirmed. Researchers in the company’s division of inflammation and immunology urged Pfizer to conduct a clinical trial on thousands of patients, which they estimated would cost $80 million ... according to an internal company document obtained by The Washington Post. Pfizer’s deliberations, which previously have not been disclosed, offer a rare window into the frustrating search for Alzheimer’s treatments inside one of the world’s largest drug companies. Pfizer did share the data privately with at least one prominent scientist, but outside researchers contacted by The Post believe Pfizer also should at least have published its data, making the findings broadly available to researchers. “Of course they should. Why not?” said Rudolph E. Tanzi, a leading Alzheimer’s researcher and professor at Harvard Medical School. “It would benefit the scientific community to have that data out there,” said Keenan Walker, an assistant professor of medicine at Johns Hopkins.

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


Purdue Pharma accused of 'corrupting' WHO to boost global opioid sales
2019-05-22, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/us-news/2019/may/22/purdue-pharma-opioid-world-he...

Purdue Pharma, the drug manufacturer that kickstarted the US opioid epidemic, corruptly influenced the World Health Organization in order to boost painkiller sales across the globe, according to a report by members of Congress. An investigation by Katherine Clark and Hal Rogers, who represent districts in Massachusetts and Kentucky hard hit by the US opioid epidemic, accuses Purdue of replicating its false marketing claims about the safety and effectiveness of opioids to change WHO prescribing guidelines in an attempt to expand foreign markets for its drugs. “The web of influence we uncovered paints a picture of a public health organization that has been corrupted by the opioid industry,” said Clark. “The WHO appears to be lending the opioid industry its voice and credibility, and as a result, a trusted public health organization is trafficking dangerous misinformation that could lead to a global opioid epidemic.” The report ... accuses Purdue of using pharma-funded organizations and specialists to influence the writing of WHO policy to encourage much wider prescribing of addictive high-strength opioids across the globe. It said that, as a result, “WHO guidelines are serving as marketing materials for Purdue”. [The] report alleges two WHO guidelines ... “contain dangerously misleading and, in some instances, outright false claims about the safety and efficacy of prescription opioids”. “Alarmingly, these guidelines mirror Purdue’s marketing strategies to increase prescriptions and expand sales,” the report found.

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 news articles on Big Pharma corruption from reliable major media sources.


'Our minds can be hijacked': the tech insiders who fear a smartphone dystopia
2017-10-06, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/technology/2017/oct/05/smartphone-addiction-silic...

Justin Rosenstein had tweaked his laptop’s operating system to block Reddit, banned himself from Snapchat, which he compares to heroin, and imposed limits on his use of Facebook. He was particularly aware of the allure of Facebook “likes”, which he describes as “bright dings of pseudo-pleasure” that can be as hollow as they are seductive. And Rosenstein should know: he was the Facebook engineer who created the “like” button. There is growing concern that as well as addicting users, technology is contributing toward so-called “continuous partial attention”, severely limiting people’s ability to focus, and possibly lowering IQ. One recent study showed that the mere presence of smartphones damages cognitive capacity – even when the device is turned off. But those concerns are trivial compared with the devastating impact upon the political system that some of Rosenstein’s peers believe can be attributed to the rise of social media and the attention-based market that drives it. Drawing a straight line between addiction to social media and political earthquakes like Brexit and the rise of Donald Trump, they contend that digital forces have completely upended the political system and, left unchecked, could even render democracy as we know it obsolete. It is revealing that many of these younger technologists are weaning themselves off their own products, sending their children to elite Silicon Valley schools where iPhones, iPads and even laptops are banned.

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


One-Third Of New Drugs Had Safety Problems After FDA Approval
2017-05-09, NPR
https://www.npr.org/sections/health-shots/2017/05/09/527575055/one-third-of-n...

The Food and Drug Administration is under pressure from the Trump administration to approve drugs faster, but researchers at the Yale School of Medicine found that nearly a third of those approved from 2001 through 2010 had major safety issues years after the medications were made widely available to patients. Seventy-one of the 222 drugs approved in the first decade of the millennium were withdrawn, required a "black box" warning on side effects or warranted a safety announcement about new risks, Dr. Joseph Ross ... and colleagues reported in JAMA. The Yale researchers' previous studies concluded that the FDA approves drugs faster than its counterpart agency in Europe does and that the majority of pivotal trials in drug approvals involved fewer than 1,000 patients and lasted six months or less. It took a median of 4.2 years after the drugs were approved for these safety concerns to come to light, the study found, and issues were more common among psychiatric drugs, biologic drugs, drugs that were granted "accelerated approval" and drugs that were approved near the regulatory deadline for approval. "All too often, patients and clinicians mistakenly view FDA approval as [an] indication that a product is fully safe and effective," [Dr. Caleb Alexander] says. "Nothing could be further from the truth. We learn tremendous amounts about a product only once it's on the market and only after use among a broad population."

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


Not in front of the telly: Warning over 'listening' TV
2015-02-09, BBC News
https://www.bbc.com/news/technology-31296188

Samsung is warning customers about discussing personal information in front of their smart television set. The warning applies to TV viewers who control their Samsung Smart TV using its voice activation feature. When the feature is active, such TV sets "listen" to what is said and may share what they hear with Samsung or third parties, it said. Privacy campaigners said the technology smacked of the telescreens, in George Orwell's 1984, which spied on citizens. The warning came to light via a story in ... the Daily Beast which published an excerpt of a section of Samsung's privacy policy for its net-connected Smart TV sets. These record what is said when a button on a remote control is pressed. The policy explains that the TV set will be listening to people in the same room to try to spot when commands or queries are issued via the remote. It goes on to say: "If your spoken words include personal or other sensitive information, that information will be among the data captured and transmitted to a third party." Corynne McSherry, an intellectual property lawyer for the Electronic Frontier Foundation, [said] that the third party was probably the company providing speech-to-text conversion for Samsung. She added: "If I were the customer, I might like to know who that third party was, and I'd definitely like to know whether my words were being transmitted in a secure form." The third party handling the translation from speech to text is a firm called Nuance, which specialises in voice recognition, Samsung has confirmed to the BBC.

Note: Read more about Samsung's privacy issues in this 2013 Houston Chronicle article. For more along these lines, see concise summaries of deeply revealing news articles on the disappearance of privacy from reliable major media sources.


California's new $100 million plan to make insulin cheaper: What you need to know
2022-07-08, CNBC News
https://www.cnbc.com/2022/07/08/california-will-lower-insulin-prices-by-makin...

California will begin making its own low-cost insulin in an effort to make the essential diabetes treatment more affordable, Gov. Gavin Newsom announced on Thursday. "Nothing epitomizes market failures more than the cost of insulin," the governor said in a video posted on Twitter, "Many Americans experience out-of-pocket costs anywhere from three hundred to five hundred dollars per month for this life-saving drug." With a budget of $100 million, California plans to "contract and make our own insulin at a cheaper price, close to at cost, and to make it available to all," Newsom said. It's unclear exactly how inexpensive California's insulin will be or when the low-cost drugs will be available. Insulin in the U.S. costs almost $100 per unit, on average. That's nearly four times the price in Chile, which has the second-highest prices among the 34 countries analyzed by the nonprofit Rand Corporation, at less than $25 per unit. Currently, four in five Americans in need of insulin have incurred thousands of dollars in credit card debt to pay for the medication, according to a recent survey commissioned by health care organization CharityRx. The average debt among all survey participants was $9,000. California's program will allot $50 million toward the development of cheaper insulin products and $50 million on an in-state insulin manufacturing facility, Newsom said, adding that the facility "will provide new, high-paying jobs and a stronger supply chain for the drugs."

Note: The unethical corruption of big Pharma is so clearly seen in the ridiculously inflated prices of drugs in the US compared to other countries. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma profiteering from reliable major media sources.


Prices of new drugs have soared. Will legislation be able to stop it?
2022-06-07, NBC News
https://www.nbcnews.com/health/health-news/prices-new-drugs-soared-will-legis...

The prices of new drugs in the U.S. have climbed for more than a decade, a study published Tuesday finds. According to a research letter in the Journal of the American Medical Association, the launch prices of new brand-name drugs increased by nearly 11 percent every year from 2008 through 2021. "These prices are increasing far out of proportion to other health care services," said the lead author, Dr. Benjamin Rome. Rome, and his colleagues observed price increases for all types of drugs, including cancer drugs, non-cancer drugs, pills and injections, he said. "Ultimately," he said, "all health care costs are borne by consumers – either direct out-of-pocket costs, higher premiums or taxes in the case of public health insurance." He added, "Insurance companies can also require prior authorization for expensive new drugs or not cover the drugs at all." The researchers calculated the negotiable sticker prices for new drugs on the market, or the net price. Such prices, which were adjusted for inflation, were calculated in light of rebates many drugmakers offer for the drugs. The researchers limited their scope to drugs sold by public companies; the net price averages included nearly 400 new drugs in total. Median drug prices for a year's supply increased from $2,115 in 2008 to more than $180,000 in 2021. The greatest increases were for cancer drugs and therapies used to treat rare diseases. In 2008, 9 percent of drugs cost $150,000 or more a year, compared to 47 percent in 2021.

Note: For a more detailed and eye-opening analysis, see this article. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma profiteering from reliable major media sources.


Facebook's Ukraine-Russia Moderation Rules Prompt Cries of Double Standard
2022-04-13, The Intercept
https://theintercept.com/2022/04/13/facebook-ukraine-russia-moderation-double...

An unprecedented spree of policy changes and carveouts aimed at protecting Ukrainian civilians from Facebook's censorship systems has earned praise from human rights groups. But a new open letter addressed to Facebook and its social media rivals questions why these companies seem to care far more about some attempts to resist foreign invasion than others. In response to the Russian invasion of Ukraine, Meta Platforms, which owns Facebook and Instagram, rapidly changed its typically strict speech rules in order to exempt a variety of posts that would have otherwise been deleted for violating the company's prohibition against hate speech and violent incitement. The rule change ... included a rare dispensation to call for the death of Russian President Vladimir Putin, use dehumanizing language against Russian soldiers, and praise the notorious Azov Battalion of the Ukrainian National Guard, previously banned from the platform due to its neo-Nazi ideology. In a statement signed by 31 civil society and human rights groups ... criticism is directed squarely at American internet titans like Facebook. "We call for ... equal and consistent application of policies to uphold the rights of users worldwide," reads the letter. "Once platforms began to take action in Ukraine, they took extraordinary steps that they have been unwilling to take elsewhere. From the Syrian conflict to the genocide of the Rohingya in Myanmar, other crisis situations have not received the same amount of support."

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


Snopes Retracts 60 Articles Plagiarized by Co-Founder
2021-08-13, New York Times
https://www.nytimes.com/2021/08/13/business/media/snopes-plagiarism-David-Mik...

Snopes, which has long presented itself as the internet's premier fact-checking resource, has retracted 60 articles after a BuzzFeed News investigation found that the site's co-founder plagiarized from news outlets as part of a strategy intended to scoop up web traffic. "As you can imagine, our staff are gutted and appalled by this," Vinny Green, the Snopes chief operating officer, said. He said the Snopes editorial team was conducting a review to understand just how many articles written by David Mikkelson, the site's co-founder and chief executive, featured content plagiarized from other news sites. As of Friday afternoon, the team had found 60, he said. By Friday morning, dozens of articles had been removed from the site, with pages that formerly featured those articles now showing the word "retracted" and an explanation that "some or all of its content was taken from other sources without proper attribution." Mr. Mikkelson, who owns 50 percent of Snopes Media Group, will continue to be Snopes's chief executive, but his ability to publish articles has been revoked, Mr. Green said. In a statement, Mr. Mikkelson acknowledged he had engaged in "multiple serious copyright violations of content that Snopes didn't have rights to use." From 2015 to 2019 – under the Snopes byline, his own name and another pseudonym – Mr. Mikkelson published dozens of articles that included language that appeared to have been copied directly from The New York Times, CNN, NBC News, the BBC and other news sources.

Note: There are many serious questions about the biases of Snopes and some of their unscrupulous tactics, as is covered in this Forbes article. For more along these lines, see concise summaries of deeply revealing news articles on media corruption from reliable sources.


This ex-undercover agent infiltrated Pablo Escobar's cartel as a money launderer
2016-07-15, CNBC News
https://www.cnbc.com/2016/07/15/this-ex-undercover-agent-infiltrated-pablo-es...

Robert Mazur was a federal agent. He infiltrated Pablo Escobar's Colombian drug cartel for two years in the mid-1980s by pretending to be Robert Musella, a money-laundering, mob-connected businessman. "My role was to come across to the cartel as a credible money launderer," Mazur said. As an undercover operative, he was working with the Bank of Credit and Commerce International, a Luxembourg-based bank with branches in more than 70 countries, in order to launder the cartel's money. BCCI was known to have accounts of drug operatives, terrorists, dirty bankers and others who want to hide money. At one point, he was out at a social event in Miami with a senior bank officer at BCCI who asked him point blank, "You know who the biggest money launderer in the world is? It's the Federal Reserve, of course." That sounds like a crazy allegation, but Mazur said the banker connected the dots for him: In Colombia, it's illegal for anyone to have a U.S. dollar account. But at the state-run Bank of the Republic there is a window they call the "sinister window" or the "anonymous window." There, you can trade in as much U.S. currency as you want. The central bank exchanges it for Colombian pesos at a high rate immediately. Mazur recalls the banker asking: "What do you think happens with that cash? It gets put on pallets, they shrink-wrap it and they're sending hundreds of millions of dollars back to the Federal Reserve. Why didn't anyone ... ask where this money was coming from?"

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


The ex-presidents' club
2001-10-31, The Guardian (One of the UK's leading newspapers)
https://www.theguardian.com/world/2001/oct/31/september11.usa4

The offices of the Carlyle Group are on Pennsylvania Avenue in Washington DC, midway between the White House and the Capitol building. The address reflects Carlyle's position at the very centre of the Washington establishment. For 14 years now, with almost no publicity, the company has been signing up an impressive list of former politicians - including the first President Bush and his secretary of state, James Baker; John Major; one-time World Bank treasurer Afsaneh Masheyekhi and several south-east Asian powerbrokers - and using their contacts and influence to promote the group. But since the start of the "war on terrorism", the firm - unofficially valued at $3.5bn - has ... become the thread which indirectly links American military policy in Afghanistan to the personal financial fortunes of its celebrity employees, not least the current president's father. Among the firm's multi-million-dollar investors were members of the family of Osama bin Laden. "It should be a deep cause for concern that a closely held company like Carlyle can simultaneously have directors and advisers that are doing business and making money and also advising the president of the United States," says Peter Eisner, managing director of the Center for Public Integrity. "The problem comes when private business and public policy blend together. What hat is former president Bush wearing when he tells Crown Prince Abdullah not to worry about US policy in the Middle East?"

Note: Watch a 45-minute video on this subject titled Exposed: The Carlyle Group. For more along these lines, see concise summaries of deeply revealing news articles on government corruption from reliable major media sources.


"American Cartel" A Conversation with Alex Gibney, Sari Horwitz and Scott Higham
2022-07-12, Washington Post
https://www.washingtonpost.com/washington-post-live/2022/07/12/transcript-ame...

Today it's my great pleasure to introduce two Pulitzer Prize-winning Washington Post journalists, Sari Horwitz and Scott Higham, who are going to discuss their new book, "American Cartel." We're talking about companies that create and fuel the opioid crisis. We've heard this story about the Sacklers and indeed the Sacklers have been identified, and if criminal charges haven't been brought at least they've been vilified in the press. But ... this goes way beyond the Sacklers. This is not just the story of one bad apple. "It's so much bigger than that," [said Horwitz]. "We found, in our two-year investigation ... a constellation of companies that fuel the deadliest epidemic, drug epidemic, in American history. Some of these companies are some of the largest in this country. Some we've heard of. They are household names - Walgreens, Walmart, Johnson & Johnson. We found internal emails from these companies where the people in the companies were laughing at the addicts. They were mocking them. Meanwhile, the drug companies, they are smart. They decide to lure away the best and the brightest if they can from the DEA and the Justice Department to help them as they are selling opioids, and they are very successful. They hired dozens of people from DEA and the Justice Department to work for these companies. So again, these are the people who are trying to protect us, working for the DEA and the Justice Department. They are lured away to the companies who are selling addictive painkillers that are killing people."

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


Facebook allows war posts urging violence against Russian invaders
2022-03-10, Reuters
https://www.reuters.com/world/europe/exclusive-facebook-instagram-temporarily...

Meta Platforms will allow Facebook and Instagram users in some countries to call for violence against Russians and Russian soldiers in the context of the Ukraine invasion, according to internal emails seen by Reuters on Thursday, in a temporary change to its hate speech policy. The social media company is also temporarily allowing some posts that call for death to Russian President Vladimir Putin or Belarusian President Alexander Lukashenko, according to internal emails to its content moderators. "As a result of the Russian invasion of Ukraine we have temporarily made allowances for forms of political expression that would normally violate our rules like violent speech such as 'death to the Russian invaders.' We still won't allow credible calls for violence against Russian civilians," a Meta spokesperson said in a statement. The calls for the leaders' deaths will be allowed unless they contain other targets or have two indicators of credibility, such as the location or method, one email said, in a recent change to the company's rules on violence and incitement. Last week, Russia said it was banning Facebook in the country in response to what it said were restrictions of access to Russian media on the platform. Moscow has cracked down on tech companies, including Twitter, which said it is restricted in the country, during its invasion of Ukraine, which it calls a "special operation." Emails also showed that Meta would allow praise of the right-wing Azov battalion, which is normally prohibited.

Note: Read more about Facebook permitting praise for the neo-Nazi Azov battalion. Intrepid reporter Ben Swann gives a great, balanced view on the biolabs in the Ukraine, including efforts to scrub one particularly incriminating video from the Internet. And explore an alternative viewpoint on the Ukrainian situation from a respected source. For more along these lines, see concise summaries of deeply revealing news articles on media corruption from reliable sources.


Merck Sells Federally Financed COVID Pill to U.S. for 40 Times What it Costs to Make
2021-10-05, The Intercept
https://theintercept.com/2021/10/05/covid-pill-drug-pricing-merck-ridgeback/

A five-day course of molnupiravir, the new medicine being hailed as a "huge advance" in the treatment of Covid-19, costs $17.74 to produce, according to a report issued last week by drug pricing experts at the Harvard School of Public Health and King's College Hospital in London. Merck is charging the U.S. government $712 for the same amount of medicine, or 40 times the price. Like the vast majority of medicines on the market, molnupiravir – which was originally investigated as a possible treatment for Venezuelan equine encephalitis – was developed using government funds. The Defense Threat Reduction Agency, a division of the Department of Defense, provided more than $10 million of funding in 2013 and 2015 to Emory University, as research done by the nonprofit Knowledge Ecology International has revealed. The National Institute of Allergy and Infectious Diseases, part of the National Institutes of Health, also provided Emory with more than $19 million in additional grants. Yet only Merck and Ridgeback will reap the profits from the new antiviral, which ... could bring in as much as $7 billion by the end of this year. After the announcement of the encouraging clinical trial results on Friday, Merck's stock price climbed. Good government advocates are pointing out that because federal agencies spent at least $29 million on the drug's development, the government has the obligation to ensure that the medicine is affordable.

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.


Twitter slammed for fact-checking Seattle mom's obituary that mentioned COVID vaccine
2021-10-04, New York Post
https://nypost.com/2021/10/04/twitter-criticized-for-fact-checking-seattle-mo...

Twitter has been slammed for fact-checking the obituary of a Seattle mother that attributed her death to blood clots brought on by the COVID-19 vaccine after she was forced to get the shot due to "heavy-handed" state mandates. The online obituary for 37-year-old Jessica Berg Wilson, who died Sept. 7, was marked as "misleading" by the social media giant over the weekend. The fact-check warning was removed by Twitter on Monday morning following the backlash. The tribute ... said the mother of two died from "COVID-19 Vaccine-Induced Thrombotic Thrombocytopenia" – a rare blood disorder that can occur in some cases after the vaccine. Wilson had been "vehemently opposed" to getting the vaccine because she was in good health, but she eventually relented after Washington state made it mandatory for teachers and those wanting to volunteer in schools, her obituary said. "During the last weeks of her life, however, the world turned dark with heavy-handed vaccine mandates. Local and state governments were determined to strip away her right to consult her wisdom and enjoy her freedom." The social media giant fact-checked the obituary after it was shared by Twitter user Kelly Bee alongside a tweet that read: "Jessica Berg Wilson, an 'exceptionally healthy and vibrant 37-year-old young mother with no underlying health conditions,' passed away from COVID Vaccine-Induced Thrombotic Thrombocytopenia. She did not want to get vaccinated."

Note: Learn lots more about this tragedy in this article. For more along these lines, see concise summaries of deeply revealing news articles coronavirus vaccines and media manipulation from reliable major media sources.


YouTube is banning prominent anti-vaccine activists and blocking all anti-vaccine content
2021-09-29, Washington Post
https://www.washingtonpost.com/technology/2021/09/29/youtube-ban-joseph-mercola/

YouTube is taking down several video channels associated with high-profile anti-vaccine activists including Joseph Mercola and Robert F. Kennedy Jr., who experts say are partially responsible for helping seed the skepticism that's contributed to slowing vaccination rates across the country. As part of a new set of policies aimed at cutting down on anti-vaccine content on the Google-owned site, YouTube will ban any videos that claim that commonly used vaccines approved by health authorities are ineffective or dangerous. Mercola, an alternative medicine entrepreneur, and Kennedy, a lawyer and the son of Sen. Robert F. Kennedy who has been a face of the anti-vaccine movement for years, have both said in the past that they are not automatically against all vaccines, but believe information about the risks of vaccines is being suppressed. Facebook banned misinformation on all vaccines seven months ago, though the pages of both Mercola and Kennedy remain up on the social media site. Their Twitter accounts are active, too. In an email, Mercola said he was being censored. Kennedy also said he was being censored. "There is no instance in history when censorship and secrecy has advanced either democracy or public health," he said in an email. Social media companies have hired thousands of moderators and used high-tech image- and text-recognition algorithms to try to police misinformation. YouTube has removed over 133,000 videos for broadcasting coronavirus misinformation.

Note: Listen to first hand tragic stories of those who died or were seriously injured by COVID injections. Read one woman's harrowing story of suffering severe side effects from the Pfizer injection only to have her story suppressed even though she supports vaccines in general. For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines and media corruption from reliable sources.


Study reveals Americans pay four times more for medicine compared to wealthy countries
2021-04-28, The Independent (One of the UK's leading newspapers)
https://www.independent.co.uk/news/world/americas/us-politics/bernie-sanders-...

A government study commissioned by Senator Bernie Sanders has revealed that Americans pay two to four times more on prescription medicine compared to other wealthy countries. Analysis released by the Government Acountability Office (GAO) found that US consumers and insurers paid 2.82 times more than in Canada, 4.25 times more than in Australia, and 4.36 times more than in France for 20 brand-named prescription drugs in 2020. France and Australia both operate on a universal, publicly funded healthcare system, which can explain some of the discrepancy in prescription drug prices. Canada, similar to the United States, does not provide prescription drug coverage to all of its residents. But the analysis found that US residents typically paid two to eight times more than Canadians when paying for the same prescription drug. For example, 30 tablets of Xarelto, which treats blood clots, costs $558.33 in the US but just $85.44 in Canada. When purchasing 28 tablets of Epclusa to treat Hepatitis C, an infection that attacks the liver, it costs $36,743 in the US compared to $17,023.63 in Canada, according to the analysis. But Mr Biden's $1.8tn infrastructure plan ultimately left out popular progressive initiatives that would alter the healthcare system in America, including lowering the Medicare eligibility age and allowing the federal government to directly negotiate prescription drug prices. These policy ideas were both left out despite receiving overwhelming approval from the US public.

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