Tuesday, November 26, 2013

The Murky Waters of Merck Pharmaceuticals

(The Best Years in Life) Merck is an international pharmaceutical giant that retains high profits despite recently paying out almost 5 billion dollars for to settle Viox civil lawsuits. Another several million in government agency fines were levied against Merck for other federal violations regarding Vioxx. Despite the known mounting death toll for Vioxx for five years, Merck continued promoting and selling Vioxx for high profits.




Vioxx, originally intended for arthritic pain relief, had created 27,000 heart attacks, and by 2004 it had to be recalled after its profitable run since 1999.
Vaccine manufacturing is a good business for sociopaths. Drug companies are exempt from direct liability for adverse results from vaccines. Vaccines require less testing than drugs for diseases, and they're cheaper to manufacture.
So they have huge profit margins without accountability, and vaccines licensing regulations are confusing enough to not be concerned about generic vaccines entering the market. A vaccine manufacturer can keep on keeping on and enjoying strong profits while its inventor continues getting royalties.  
And Merck is perhaps the biggest player in the vaccine business.

And Here:

No comments:

Post a Comment