Now More Bad News

Bad news for those that depend on drugs to keep them healthy and well…..like insulin, et al……

The bad news is Big Pharma has stated that there will be major drug increases at the beginning of the New Year…..like they need the increased cash.

As a result of the coronavirus pandemic, hospitalizations skyrocketed in 2020, but routine visits to the doctor’s office and demand for new prescription medications fell sharply during the worldwide lockdown.

To make up for lost revenue, the pharmaceutical industry plans to ring in the New Year by raising prices on more than 300 drugs in the United States on January 1, according to an analysis by healthcare consulting firm 3 Axis Advisors, whose findings were summarized in an exclusive report published Thursday in Reuters.

As Reuters pointed out, “The increases come as pharmaceutical companies like Pfizer are playing hero by developing vaccines for Covid-19 in record time.”

While scientific advances made by pharmaceutical companies have contributed to defeating the pandemic, critics argue that it would be naive to assume the industry is simply motivated to improve people’s well-being.

“Big Pharma’s greed is a danger to public health,” Reps. Pramila Jayapal (D-Wash.) and Mark Pocan (D-Wis.) said earlier this year, when Gilead announced that it would charge U.S. hospitals $3,120 per privately insured patient for a treatment course of remdesivir, a Covid-19 drug whose development was financed in large part by taxpayers.

Pfizer spokesperson Amy Rose pointed to the coronavirus vaccine the company developed with Germany’s BioNTech in an attempt to justify next year’s drug price hikes. “This modest increase,” Rose said in a statement, “is necessary to support investments that allow us to continue to discover new medicines and deliver those breakthroughs to the patients who need them.”

Nevertheless, as David Mitchell, a cancer patient and founder of Patients for Affordable Drugs Now, said last month, “Drugs don’t work if people can’t afford them.”

https://www.commondreams.org/news/2020/12/31/drugs-dont-work-if-people-cant-afford-them-big-pharma-raise-prices-300-medications

What about all those vaccines to fight the Covid-19?

The Pfizer vaccine, also given in two doses, is expected to cost $19.50 a dose. Each dose for Johnson & Johnson’s two-dose vaccine will cost an estimated $10, and AstraZeneca’s two-dose vaccine could be the cheapest at just $3 to $4 a dose.

Am I wrong or did these companies get taxpayer money to expedite a vaccine?  If so  why should they make any money off the vaccines?

Do they think that because they are taunted as “heroes” because the pandemic will change the fact that they are raping the American people?

Time for these parasites to be put in their place as servants of mankind not the ruler.

I Read, I Write, You Know

“lego ergo scribo”

6 thoughts on “Now More Bad News

  1. Greed. Pure and simple. People in government (and their friends) bought shares in those companies before the announcement of the vaccine releases. Then they made fortunes. In my book, they should all be arrested for Insider Trading.
    Best wishes, Pete.

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