Pharmaceutical industry

China knows its global economic dominance just ended [VIDEO]

Here on The Duran, we are blessed to be able to run news and opinion pieces with widely divergent points of view. For example, this piece submitted by InfoBrics, written by Lucas Leiroz from Rio de Janiero, proposes that the possibility that COVID-19 got its start in the US, and was planted in China as a weapon to assure a US victory in the trade war being waged with China.

Opiates Killed Ten Times As Many Americans In One Year As All Terror Attacks In Last 20 Years

Corporal Mark Hickok, a 23-year-old combat engineer from North Olmstead, Ohio, patrols through a poppy field during a clearing mission in Helmand province, Afghanistan (U.S. Marine Corps photo by Cpl. John M. McCall)
(ANALYSIS) — Safety of the people and security of the nation should be priority number one for any leader who wishes to have a successful tenure in office, perhaps even multiple terms — and the President of the United States is no exception to this model.

Pharma Companies Spend 19x more on Marketing than Research, and Returns are Dropping

The pharmaceutical industry swears the high cost of drugs is due to research and development costs, conveniently omitting the actual amount of money spent on the marketing of these drugs, which is exorbitantly more. A recent Deloitte report suggests that pharmaceutical companies are taking a hit because investments made in R&D on new drugs simply are not paying off anymore. [1]

Congress Prepares to Vote on Bill That Would Speed up Drug Approval

Congress will vote today on a nearly 1,000-page bill that holds drastic changes for the U.S. Food and Drug Administration (FDA). If the bill is approved, it would speed up the approval of new drugs and medical devices. The House has been heavily criticized for allegedly rushing piece of legislation through without sufficient scrutiny. [1]
Source: National Center for Health Research

Bernie Sanders Opposes New Big Pharma-Loved FDA Leader

Big Pharma won big today when the Senate nearly unanimously approved Dr. Robert Califf as the next commissioner of the Food and Drug Administration (FDA). And not everyone is happy about it.
Califf was confirmed for the job in a vote of 89 to 4 after weeks of opposition from a handful of senators, including presidential candidate Bernie Sanders, who had attempted to block the longtime cardiologist and academic researcher. [1]