Leave it to the drug industry to work all the angles. But that’s the way it is when you’re Big Pharma and your business model is to receive billions in public subsidies, charge exorbitant prices for life-saving medicines, and withhold those same life-saving medicines from countries that cannot afford to hand over the big bucks. Think how the champagne corks are popping in the boardrooms of wealthy investors as Pfizer predicts 2021 revenues from the COVID vaccine alone will top $36 billion. Then there’s Moderna with no history of winning FDA authorization for any of its drugs now expecting 2021 revenues of $18 billion from its COVID vaccine. In fact, two of Moderna’s founders and one of its investors are among 44 new billionaires on Forbes’ list of 400 richest Americans. But that’s not the only way big Pharma brings home the bacon. Thanks to its outsized gifts to Congress and the White House, it has total immunity from having to pay for its mistakes. Unlike every other product manufacturer, vaccine makers cannot be sued for defective vaccines that cause lasting harm or death. In short, big Pharma has a total and impermeable vaccine liability shield. Even the Supreme Court gave its blessing to this monumental blunder. Why you might ask. Because big pharma like the schoolyard bully uses threats to get its way—hold us accountable for our screw ups and we’ll stop making vaccines. You’d have to be a fool or a pharma flunky to believe that a profit-hungry industry would walk away from a pot of gold, even a somewhat reduced one. What description best fits politicians under the thumb of pharma as well as the heads of federal health agencies looking to advance their careers with future employment in the pharma industry? Read “On the March to Big Profits, Big Pharma Leaves No Stone Unturned” and decide for yourself.
