COVID-19 Meltdown and Pharma’s Big Money Win
Dr. Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases (NIAID) told Americans on Apr. 1, 2020 that modeling reports suggested COVID-19 infections could eventually “kill 100,000 to 240,000 Americans,”1 2 3 which was considerably less than the worst case 1.7 million mortality figure the Centers for Disease Control and Prevention (CDC) […]
Bill Gates Says Health Care Workers Will Be First to Get Coronavirus Vaccine
Microsoft founder and philanthropist Bill Gates predicted on Mar. 18, 2020 that the first licensed coronavirus vaccines for COVID-19 will be available within 18 months and that health care workers will be among the first to get the shots. Gates co-chairs the Bill & Melinda Gates Foundation, which recently invested $50 million to develop a […]
Doctors Avoid Hand Washing Despite Evidence It is Best Way to Reduce Infections
The U.S. Centers for Disease Control and Prevention (CDC) has been urging everyone to thoroughly and frequently wash their hands since reports of the coronavirus outbreak in China, highlighting the long recognized practice of hand washing as a tried and true infection control measure.1 A little known fact is that among all health care providers, […]
Chinese Pharmaceutical Industry Competes for Vaccine Market Share
China’s National Medical Products Administration has announced that two Chinese pharmaceutical companies, Walvax Biotechnology and Innovax, have been approved to start selling their own version of drugs previously available only through global pharmaceutical giants Pfizer, Merck and GlaxoSmithKline.1 Cecolin, developed by Innovax, will compete in the Human Papilloma Virus (HPV) arena against Merck’s Gardasil and […]
Vaccine Market Valued at $93 Billion by 2026
A recent report by Fortune Business Insights projects the value of the world market for vaccines to reach $93.08 billion by 2026, with a Compound Annual Growth Rate (CAGR) of 10.7 percent during the forecast period.1 One of the main drivers of the vaccine market is the need for greater supplies of vaccines, given stricter government […]
Pfizer Fined Again for Violating Drug Laws
Colombia’s national regulatory agency, the Superintendency of Industry and Commerce (SIC), has fined pharmaceutical company Pfizer $25,000 for allegedly inflating the price of several prescription drugs it sold in that country.1 2 On July 31, 2019, the agency stated: The decision was taken after verifying information related to PFIZER SAS’ commercial operations between July and December […]