Home » Business » People have become the “new oil” of the 21st century for Big Pharma – 2024-04-20 09:59:00

People have become the “new oil” of the 21st century for Big Pharma – 2024-04-20 09:59:00

/ world today news/ The position of pharmaceutical companies in the USA is determined not only by indicators of sales volume, market capitalization, profit or the number of employees, but also by the influence of the industry on all aspects of American society. And first of all for healthcare.

American pharmaceutical corporations have made American citizens not the goal of their activity (treatment and health protection), but a means. The goal is enrichment, which is expressed in profit and market capitalization.

It seems that all the brakes have been removed a year and a half ago (since the “pandemic” was declared). “Big Pharma” received a lot of money from the state for the development of vaccines and at the same time removed from the pharmaceutical companies almost any responsibility for the possible costs of vaccination. Also, to make investment in vaccine development more cost-effective, the government agreed with Big Pharma that the injection would go beyond just one jab – there would be several. Or perhaps they will become permanent – an integral part of the “new normal”.

American investigative journalist Nina Burley writes about this in the recently published US book Virus: Vaccinations, the Centers for Disease Control and the hijacking of America. The centers play a key role in organizing vaccinations in America.

Nina Burley writes that Congress immediately appropriated $10 billion for private company vaccine development last spring. Operation Extreme Speed ​​(OCS), the US government’s COVID-19 program, has launched. By the spring of this year, the government had already allocated 22 billion dollars to “Big Pharma” under the OKS. Of this amount, Moderna received $2.5 billion, Astra Zeneca $1.2 billion, Johnson & Johnson $0.5 billion, Novavax $1.6 billion

Pfizer did not receive money from the US government to develop a vaccine. On the other hand, “Pfizer” received such preferences from the state, which no one, not only in American, but also in the history of the world, has ever received: from the beginning of the development of the product to receiving the final approval from the authorities for the sale of the product passed only 11 months! The vaccine was developed jointly with the German biotechnology company “Biontech” and is today the most popular in the world. Incidentally, there is evidence that Pfizer used government money to develop a vaccine. True, they come from the treasury not of the USA, but of Germany.

Pfizer is confident that it will achieve everything, relying on the purchase of the miracle vaccine by the US government. And so we learn that in early July, Pfizer’ signed a nearly $2 billion deal to sell 100 million doses of its dual-injectable vaccine to the US government (for 50 million people).

Below are financials for the top five American companies that make up the backbone of “Big Pharma.”

Financial performance of leading US pharmaceutical companies ($ billion)

Capitalization

Sales

Profits

Johnson & Johnson

442,7

84,21

20,46

Pfizer

225,9

50,19

13,46

Eli Lilly

222,9

25,48

7,52

ABV

207,5

50,19

6,66

Merck

197,6

48,01

8,32

By the beginning of 2021. The indicators for 2021 have been calculated considering the actual financial results for the first half of 2021.

The Top 10 global pharmaceutical companies (in terms of market capitalization) include only four non-Americans: Roche and Novartis (Switzerland), Novo Nordisk (Denmark) and Astra Zeneca (England/Sweden). The remaining six are American.

The first place in the rating of world pharmaceutical companies is held by the American company “Johnson & Johnson” – not only in terms of market capitalization, but also in terms of sales and profits. The second place belongs to the Swiss company “Roche” (its market capitalization in the middle of this year was 338.2 billion dollars). The third place is firmly held by the American Pfizer, and the fourth by the American Eli Lilly.

The leading US pharmaceutical companies perform well not only in the world ranking of companies in the industry, but also in the overall world ranking (companies from all industries). Thus, Johnson & Johnson in the middle of this year ranked 16th in the rating of all companies in the world in terms of capitalization. It is only slightly behind the American company “Nvidia”, which operates in the field of digital technologies (capitalization 452.6 billion dollars, 15th place in the rating), and the main American bank “JP Morgan Chase” (capitalization 453.9 billion dollars; 14th rank).

And here are the places of the other leading American pharmaceutical companies in the global ranking of companies and banks: “Pfizer” – 43; “Eli Lilly” – 44; “AbVi” – 49; “Merck” – 57. The leading American oil company “Exxon Mobil” has a market capitalization of 242.7 billion dollars in the middle of this year (38th place in the world ranking). The market capitalization of “Johnson & Johnson” turns out to be 200 billion dollars more than the leading oil company in the USA! In a little while, Exxon Mobil can catch up with the pharmaceutical companies Pfizer and Eli Lilly on this indicator.

Pharmaceuticals have become America’s “new oil”!

Capital from traditional sectors of the American economy (petroleum, other extractive industries, steel, engineering, etc.) is flowing into pharmaceuticals. A 2017 US government study examined the earnings of the 25 largest pharmaceutical companies over a decade. It found that they averaged 15 to 20%, compared to 5-9% for the top 500 companies in other industries.

Big pharmaceutical companies deceive not only the users of their products (medicines, vaccines, etc.), but also those who come into contact with them on the market. There are many scandals here.

The Securities and Exchange Commission has repeatedly fined unscrupulous participants in the pharmaceutical stock market through the courts. Fines were sometimes imposed for outright corruption. For example, in 2011 Johnson & Johnson was fined $70 million by the Securities and Exchange Commission and the US Department of Justice for paying bribes to doctors in Greece, Romania and Poland, as well as in Iraq to obtain contracts under the “Oil for Food” program. According to investigators, the company has been using similar methods to promote goods since at least 1998.

In August 2012, Pfizer was fined $60 million. The Securities and Exchange Commission accuses the company of bribery and violating anti-corruption laws abroad, specifically in Russia and Kazakhstan. Two Pfizer subsidiaries were found to have spent more than $2 million between 1997 and 2006 on bribes billed as marketing expenses.

I want to go back to Nina Burley’s book. It contains little-known and very shocking details about the activities of “Big Pharma” over the past year. The cynicism of the leaders of a number of companies is stunning. They are doing everything to fascinate Americans with their product called “vaccine”. And to fascinate not even those Americans who would like to save their health and lives, but those who are interested in the documents of “Big Pharma” on the exchange.

On November 9, 2020, the day Pfizer announced that the vaccine it was developing was 90 percent complete, Pfizer shares rose sharply (up 15 percent). And Pfizer CEO Albert Burla sold more than half (62 percent) of his shares in his company. Burla was among seven Pfizer executives who collected a total of $14 million from the sale of their company stock in 2020, according to data provided to the Los Angeles Times by Equilar, a benefits and corporate data company. management.

The same has been done (and continues to be done) by the leaders of “Modern”, whose vaccine is also doing well. Last year, they raised $287 million. According to Nina Burley, in just a few days in late January and early February this year, Moderna’s CEO Stefan Bansel sold millions of dollars worth of stock. In total, the executives of Moderna have collected nearly a billion dollars – both from the government money received for the development of the vaccine, and from successful sales of the company’s securities at the peaks of stock market quotations. And they themselves made loud statements about new “successes”. These statements have been relayed and amplified many times with the support of major media and technology corporations in Silicon Valley. And this is just the beginning, and there will be billions and billions to come that Americans will pay for vaccines. But why only the Americans? I think Moderna will soon land a major wholesale contract for the life-saving vaccine with the US government.

Nina Burley notes that the current model of shareholder organization of medicine in the United States was formed in the 1980s, when the country was moving along the rails of the Reaganomics. Before that, she said, government regulation and control of the pharmaceutical industry was tight, preventing companies from putting the interests of shareholders above the interests of consumers, that is, the millions of ordinary Americans.

Nina Burley believes that the key shareholders and top managers of Big Pharma today are not accidentally throwing away their bundles of securities. They have accelerated the Big Pharma locomotive, which, along with the passengers (the millions of Americans who have taken the vaccine), is headed for the abyss. And the owners and managers of pharmaceutical companies themselves imperceptibly jump from this locomotive.

They jump because they know how mass vaccination could end up. It is appropriate here to recall the active opponent of the vaccination campaign in the United States and the world, Robert Kennedy Jr. (nephew of American President John F. Kennedy, assassinated in 1963). In particular, he mentioned the following case of abuse by “Big Pharma”. “Another problem with testing the vaccine is that it is not being tested on ‘typical Americans’, but on a carefully selected group of people who do not suffer from any diseases.” And he goes on to conclude: “All the leading vaccine companies are convicted serial criminals. In the last 10 years, they have paid $35 billion in criminal penalties and fines for forcing doctors to lie, for fraud, for falsifying science, for intentionally killing hundreds of thousands of Americans. ” Honest experts do not rule out that the mass vaccination carried out today in America could lead to the death of not hundreds of thousands, but millions of Americans. Well, as Niccolò Machiavelli said, “the end justifies the means”. The goal of “Big Pharma” is the big money, and the means are the millions of “excess” people, this “new oil” of the XXI century.

Translation: V. Sergeev

#People #oil #21st #century #Big #Pharma

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.