Coronavirus Testing Lab Defrauded U.S. Government of $83 Million
The U.S. Department of Justice (DOJ) recently announced criminal charges against Zishan Alvia, owner of Laboratory Elite, a SARS-CoV-2 virus testing laboratory in Chicago accused of a scheme in which Alvia obtained $83 million by fraudulently billing the U.S. Health Resources and Services Administration’s (HRSA) Uninsured Program for reimbursement for SARS-CoV-2 tests.1 HRSA’s Uninsured Program […]
AAP Says Obese Children Should Be Treated “Aggressively” With Drugs and Surgery
New guidelines from the American Academy of Pediatrics (AAP) state that obese children should be evaluated and treated “early and aggressively” with medications or weight loss surgeries.1 This is the first guidance from the AAP in 15 years on childhood obesity, which affects more than 14.4 million children in the U.S. and has tripled in […]
Big Pharma’s Influence in Shaping the U.S. Medical Model
The United States is the most medicated country in the world, with 70 percent of Americans using at least one prescription drug daily. The U.S. also has the highest rates of obesity, heart disease, childhood illness, and autoimmune disease, yet it often touts its health care and medical research as the best in the world.1 The […]
More Than 200 Million Doses of COVID Shots Dumped Due to Diminishing Demand
Nearly two years after the introduction of COVID-19 biologics around the world, the pharmaceutical industry is facing a waning demand for these products. Scott Rosenstein, a New York-based health care adviser to Eurasia Group said: Supply is exceeding demand in much of the world, even with many countries rolling out booster shots. Once the perception set […]
Smallpox Vaccine Manufacturers See Big Stock Price Increases After Monkeypox Outbreaks Reported
On May 26, 2022, U.S. Centers for Disease Control (CDC) officials held a press briefing and announced there had been nine cases of monkeypox identified in seven U.S. states and that two licensed smallpox vaccines were in the national stockpile and ready to be distributed.1 The CDC’s director said, “The U.S. has the resources we […]
Moderna CEO Was Paid $18.2 Million in 2021
As COVID-19 vaccine sales continue to soar, Moderna Chief Executive Stephane Bancel’s total personal financial compensation increased by 41 percent in 2021, reaching $18.2 million. The company’s total revenue rose 2,200 percent in 2021, jumping from $803 million to $18.5 billion.1 2 Moderna partnered with the National Institute of Allergy and Infectious Diseases (NIAID), headed […]