COVID Corruption Media Articles

Excerpts of Key COVID Corruption Media Articles in Major Media

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People who believe the coronavirus was manufactured in a lab haven't been allowed to say so on Facebook since February – until Wednesday, that is, when Facebook announced it was lifting the ban. Presumably this has something to do with the wavering elite consensus on lab leaks. This consensus was never as monolithic as proponents claimed. But it did produce a Facebook ban and a lot of journalism dismissing the hypothesis as a well-debunked conspiracy theory. In one light, this is a happy scientific ending. Over time, with study, natural transmission looked less likely, and a lab accident somewhat more so. As the evidence changed, a previously hard-and-fast consensus became more open to other possibilities, as should be the case for any good scientific theory. But in another light, this story is a disaster. How did so many smart people come to believe, not just that a natural origin was much more likely than a lab leak – which is still, to be clear, the opinion of many scientists – but that a lab leak was basically an impossibility? Labs have leaked deadly viruses in the past. And a lab in the same city where the pandemic began happened to study bat coronaviruses and had a sample of this coronavirus's closest known relative, gathered from a cave hundreds of miles away. It's possible, and maybe even probable, that this was pure coincidence. But it is a hell of a coincidence, and it wasn't kooky to say so.

Note: Top officials were told not to explore the possibility that the virus escaped from the Wuhan Institute of Virology. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Sweden's economy returned to its pre-pandemic level in the first quarter as the recovery in the largest Nordic economy is outpacing most of its wealthy peers. The gross domestic product was unchanged in the first quarter from the year-earlier level, on a calendar-adjusted basis, according to the Stockholm-based statistics office. Like the rest of the Nordic region, Sweden has weathered the Covid crisis better than most thanks in large part to generous welfare systems and widespread digitalization that made working from home easier. Even as the 14-day infection rate is the highest in Europe, according to WHO, the government plans to go ahead with a gradual softening of Covid-restrictions starting next month. "Sweden is closing in at its pre-virus peak of activity quicker than most European countries, helped by a rebound in consumption and strong export growth. Data released on Thursday also showed overall confidence levels in the economy surged to an all-time high in April, in a surprise to economists.

Note: Sweden is doing better than the US and most of its European neighbors both economically and in number of deaths per million. Yet this article fails to mention that their government never required masks and had no lockdown even though they were hit hard by the virus in the beginning. The media and so many others were predicting Sweden would be a disaster. Could it be that masks and the lockdown were not as effective as many say? For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

With evidence mounting that the coronavirus might have escaped from the Wuhan Institute of Virology, President Biden has reversed course and ordered the U.S. intelligence community to produce a report on the virus's origins within 90 days. Better late than never. For the past year, the media has scorned the idea of an accidental lab release as a far-flung conspiracy theory. In fact, it would have been an extraordinary coincidence for this virus to emerge in Wuhan – home to China's leading research laboratory studying bat coronaviruses – and have had no connection to the lab. Since April 2020 we have known that in 2018 U.S. diplomats warned of inadequate safety at the Wuhan lab. It turns out that [Anthony] Fauci's National Institute of Allergy and Infectious Diseases (NIAID) ... awarded a grant for studying bat coronavirus to the U.S.-based EcoHealth Alliance, which then subcontracted the research to the Wuhan lab. Fauci admits this, but insists that the money did not support gain of function research. But as Wade points out, that is exactly what the Wuhan institute was doing. Indeed, the grant proposals from Shi Zhengli – the "Bat Woman" at the Wuhan lab – which are a matter of public record specified that she planned to use the money for gain-of-function research. Fauci is on record supporting such research. And the NIAID was supporting research in Wuhan even though the U.S. government had placed a moratorium on gain of function research.

Note: Read more about the Wuhan Institute of Virology's risky research on bat coronaviruses. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

For years, the Gates Foundation has been steered by an unusually small board of trustees, made up of Bill, his estranged wife, Melinda, and the billionaire investor Warren Buffett. The larger the foundation became, the less anyone seemed willing to ask tough questions about its secretive management structure or its penchant for giving money to lucrative pharmaceutical and credit card companies such as Mastercard, despite the fact that giving away billions to wealthy corporations set an unusual and troubling precedent in the philanthropic sector. Billionaires who make their fortunes through corporate practices that undercut workers and deepen inequality – like corporate tax avoidance, insufficient sick pay and the immoral gap in pay between executives and low-paid workers – are not the solution to problems they generate. Asking Bill Gates to fix inequality is like asking an arsonist to hose down your house after he just set it on fire. In April last year, the University of Oxford was reportedly considering offering a Covid-19 vaccine developed by its scientists on a nonexclusive basis. But then, Kaiser Health News reported, "Oxford – urged on by the Bill & Melinda Gates Foundation – reversed course. It signed an exclusive vaccine deal with AstraZeneca that gave the pharmaceutical giant sole rights and no guarantee of low prices." This dealmaking .. seemed to conflict with the Gates Foundation's stated mission to improve global access to medicines, but it's not surprising.

Note: Read more about the Gates Foundation's startling degree of media influence during the pandemic. For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the coronavirus vaccine from reliable major media sources.

No vaccine provides perfect protection, and so-called breakthrough infections after coronavirus vaccination are rare. Federal health officials have told fully vaccinated people they no longer need to wear masks or maintain social distance because they are protected, nor do they need to be tested or quarantine after an exposure, unless they develop symptoms. Now, the Centers for Disease Control and Prevention has stopped investigating breakthrough infections among fully vaccinated people unless they become so sick that they are hospitalized or die. Earlier this year, the agency was monitoring all cases. Through the end of April, when some 101 million Americans had been vaccinated, the C.D.C. had received 10,262 reports of breakthrough infections from 46 states and territories, a number that was very likely "a substantial undercount," according to a C.D.C. report. On May 1, the agency decided to investigate only the most severe breakthrough infection cases, while still collecting voluntary reports on breakthrough cases from state and local health departments. The agency will carry out vaccine effectiveness studies that include data on breakthrough cases, but only in limited populations, such as health care workers and essential workers, older adults, and residents at long-term care facilities. But even relatively mild cases of Covid-19 can lead to persistent long-term health problems, and it will be difficult to know the full scope without tracking mild infections as well.

Note: This is a convenient way to make it look like case numbers are dropping more than they actually are, which makes the vaccines look more effective than they really are. Learn more on how the CDC is manipulating case figures in this article. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus vaccine from reliable major media sources.

Easy money pouring out of central banks is a key driver behind this surge in fortunes, and the resulting wealth inequality. In recent decades, as the global population of billionaires rose more than fivefold and the largest fortunes rocketed past $100 billion, I started tracking this wealth. Rising inequality was threatening to provoke popular backlashes against capitalism itself. The pandemic has reinforced this trend. As the virus spread, central banks injected $9 trillion into economies worldwide, aiming to keep growth alive. Much of that stimulus went into financial markets, and from there into the net worth of the ultra-rich. The total wealth of billionaires worldwide rose by $5 trillion to $13 trillion in 12 months, the most dramatic surge ever registered on the annual list compiled by Forbes magazine. The billionaire population boomed as well. On the 2021 Forbes list, which runs to April 6, their numbers rose nearly 700 to more than 2,700. The biggest surge came in China, which added 238 billionaires – one every 36 hours – for a total of 626. Next came the US, which added 110 for a total of 724. India added 38 for a total of 140, and has surpassed Russia for the third largest population of billionaires in the world. The fundamental driver of the market and thus the billionaire boom: easy money pouring out of central banks. Wealth inequality is likely to continue widening until the monetary spigots are turned off.

Note: If you can't access this article on the FT website, go to this webpage. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and income inequality from reliable major media sources.

Over the past two weeks, Seychelles – which has been dubbed "the most vaccinated country in the world" – has seen a spike in coronavirus cases, causing alarm. The archipelago in the Indian Ocean, with a population of about 98,000, has fully vaccinated more than 60% of its population, but it's also seen its number of active COVID-19 cases nearly double over the past month. The country has closed schools and canceled activities to attempt to curb the spread. Though Seychelles has been called the world's "most vaccinated country," not all vaccines are created equal. The country used two vaccines to inoculate its population – Sinopharm, a Chinese state-owned vaccine, and Covishield, a version of the AstraZeneca vaccine, both of which have not been proven to be as effective as the Pfizer-BioNTec and Moderna vaccines. Just last week, the WHO expressed "very low confidence" in data provided by Sinopharm around its risk of severe side effects. Recent clinical trial data found the vaccine was about 78.1% effective after two doses, but the Seychelles outbreak could suggest that the efficacy is less than that. Places like Seychelles also didn't see huge COVID surges earlier in the pandemic, and have lower levels of natural immunity in their communities. Chile is another example of a country with a high vaccination rate that now is seeing a spike in COVID-19 cases. Its number of new daily cases nearly doubled in April from the prior month, even though the country has vaccinated more than 45% of its population.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus vaccine from reliable major media sources.

Covid-19 vaccines have created at least nine new billionaires after shares in companies producing the shots soared. Topping the list of new billionaires are Moderna CEO StÄ‚©phane Bancel and Ugur Sahin, the CEO of BioNTech, which has produced a vaccine with Pfizer. Both CEOs are now worth around $4 billion, according to an analysis by the People's Vaccine Alliance, a campaign group that includes Oxfam, UNAIDS, Global Justice Now and Amnesty International. Senior executives from China's CanSino Biologics and early investors in Moderna have also become billionaires on paper as shares skyrocketed. Moderna's share price has gained more than 700% since February 2020, while BioNTech has surged 600%. CanSino Biologics' stock is up about 440% over the same period. The company's single-dose Covid-19 vaccine was approved for use in China in February. Activists said the wealth generation highlighted the stark inequality that has resulted from the pandemic. The nine new billionaires are worth a combined $19.3 billion, enough to fully vaccinate some 780 million people in low-income countries. "These billionaires are the human face of the huge profits many pharmaceutical corporations are making from the monopoly they hold on these vaccines," Anne Marriott, Oxfam's health policy manager, said. "These vaccines were funded by public money and should be first and foremost a global public good, not a private profit opportunity," she added.

Note: You would hope that with all the suffering going on in our world, big Pharma wouldn't gouge and make huge profits on their vaccines. Sadly, this is far from the truth. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption and the coronavirus vaccine from reliable major media sources.

Billions of dollars in Covid aid cushioned financial losses caused by the pandemic at some of the nation's largest hospital chains. But those bailouts also helped sustain the big chains' spending sprees as they expanded even more by scooping up weakened competitors and doctors' practices. More consolidation by several major hospital systems enhanced their market prowess in many regions of the United States, even as rural hospitals and underserved communities were overwhelmed with Covid patients and struggled to stay afloat. The buying spree is likely to prompt further debate and scrutiny of the Provider Relief Fund, a package of $178 billion in congressional aid that drew sharp criticism early on for allocating so much to the wealthiest hospital systems, and that had no limits on mergers and acquisitions. "It was not the intent to be a capital infusion to the largest and most financially stable providers to allow them to simply grow their slice of market share," said Representative Katie Porter. Major employers had warned Congress that bailouts to the health care industry could spur even more consolidation and lead to price-gouging in medical care. Some of the nation's most powerful hospital chains, experts cautioned, would take advantage of the crisis, resulting in even higher prices for medical care. The big well-resourced hospitals had, frankly, a banner year, and they are now in a position to swallow up these smaller, more vulnerable groups.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.

Covid-19 vaccines have created at least nine new billionaires after shares in companies producing the shots soared. Topping the list of new billionaires are Moderna CEO Stéphane Bancel and Ugur Sahin, the CEO of BioNTech, which has produced a vaccine with Pfizer (PFE). Both CEOs are now worth around $4 billion, according to an analysis by the People's Vaccine Alliance, a campaign group that includes Oxfam, UNAIDS, Global Justice Now and Amnesty International. Senior executives from China's CanSino Biologics and early investors in Moderna have also become billionaires on paper as shares skyrocketed, partly in expectation of profits earned from Covid vaccines, which also bode well for the companies' future prospects. Moderna's share price has gained more than 700% since February 2020, while BioNTech has surged 600%. CanSino Biologics' stock is up about 440% over the same period. The company's single-dose Covid-19 vaccine was approved for use in China in February. Activists said the wealth generation highlighted the stark inequality that has resulted from the pandemic. The nine new billionaires are worth a combined $19.3 billion. According to the World Health Organization, 87% of vaccine doses have gone to high- or upper middle-income countries, while low income countries have received just 0.2%. In a paper published Friday, IMF chief economist Gita Gopinath said that vaccinating 60% of the global population by mid-2022 would cost just $50 billion.

Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines and income inequality from reliable major media sources.

The actual number of U.S. children hospitalized due to COVID-19 may be lower than current figures suggest, a new study indicates. That's because counts of hospitalized children who test positive for COVID-19 may include those who were admitted for other reasons and have no COVID symptoms, Stanford University School of Medicine researchers explained. Throughout the pandemic, children have been admitted to hospitals for problems ranging from broken bones and appendicitis to cancer. When they arrive at the hospital and are tested for SARS-CoV-2 - the virus that causes COVID-19 - some turn out to be infected. But many who test positive never develop symptoms, according to the study. "It's really important that we distinguish between children who are hospitalized with asymptomatic SARS-CoV-2 infections and those hospitalized for COVID-19 disease," said study co-author Dr. Alan Schroeder. "Our goal is to make sure we have accurate data on how sick children are getting," he said. "If we rely on hospitals' positive SARS-CoV-2 test results, we are inflating by about twofold the actual risk of hospitalization from the disease in kids." The researchers analyzed COVID-19 data from Lucile Packard Children's Hospital Stanford between May 10, 2020 and Feb. 10, 2021. They found that 117 children ... tested positive for the virus or were hospitalized for MIS-C, a potentially serious inflammatory syndrome. Close to half (53) were admitted to the hospital for reasons unrelated to the virus.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

The reported number of COVID-19 hospitalizations, one of the primary metrics for tracking the severity of the coronavirus pandemic, was grossly inflated for children in California hospitals. Two research papers ... both published in the journal Hospital Pediatrics, found that pediatric hospitalizations for COVID-19 were overcounted by at least 40 percent, carrying potential implications for nationwide figures. Dr. Monica Gandhi, an infectious-diseases specialist at the University of California, San Francisco, and Amy Beck, an associate professor of pediatrics, also at UCSF, wrote a commentary for Hospital Pediatrics that accompanied the two studies. They wrote, "Taken together, these studies underscore the importance of clearly distinguishing between children hospitalized with SARS-CoV-2 found on universal testing versus those hospitalized for COVID-19 disease." The studies demonstrate, they said, that reported hospitalization rates "greatly overestimate the true burden of COVID-19 disease in children." The hospitalization numbers for children were already extremely low relative to adults – at the pandemic's peak this winter, it was roughly ten times lower than for 18-to-49-year-olds and 77 times lower than those age 65 and up. The findings arrive as parents have begun vaccinating children under the expedited "emergency-use authorization" against a virus that, these findings suggest, poses a dramatically lower incidence of pediatric hospitalizations than the data have shown thus far.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

All covid-19 vaccines currently in use in the US are available under emergency access only. None of the covid-19 vaccines in use are actually "approved." Through an emergency access mechanism known as Emergency Use Authorisation (EUA), the products being rolled out still technically remain "investigational." Factsheets distributed to vaccinees are clear: "There is no FDA approved vaccine to prevent covid-19." One key difference between EUA and approval (also called "licensure," and which for vaccines is known as a BLA (Biologics License Application)) was the expected length of follow-up of trial participants. Unlike its clear articulation of two months for an EUA, the FDA has not committed to a clear minimum for approval. Among the six "first in disease" vaccines approved by the FDA since 2006, pre-licensure pivotal trials were a median of 23 months in duration. Duration of protection is not the only question that longer, placebo controlled trials can address. They also address vaccine safety. The BMJ asked Moderna, Pfizer, and Janssen (Johnson and Johnson) what proportion of trial participants were now formally unblinded, and how many originally allocated to placebo have now received a vaccine. Pfizer declined to say, but Moderna announced that "as of April 13, all placebo participants have been offered the Moderna covid-19 vaccine and 98% of those have received the vaccine." In other words, the trial is unblinded, and the placebo group no longer exists.

Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.

The COVID-19 vaccines' second dose can pack a heavy punch. But while most people experience flu-like symptoms and complain of a sore arm, musician and anti-lockdown activist Eric Clapton says his side effects included frozen limbs. Clapton wrote a note recently to Italian architect Robin Monotti Graziadei, who has shared numerous anti-lockdown posts on social media, where he called his experience receiving the AstraZeneca vaccine "disastrous." The former Cream guitarist said he got the vaccine in February. "I took the first jab of AZ and straight away had severe reactions which lasted ten days, I recovered eventually and was told it would be twelve weeks before the second one," Clapton wrote. "About six weeks later I was offered and took the second AZ shot," he continued. "Needless to say the reactions were disastrous, my hands and feet were either frozen, numb or burning, and pretty much useless for two weeks, I feared I would never play again, (I suffer with peripheral neuropathy and should never have gone near the needle.) But the propaganda said the vaccine was safe for everyone." The side effects of the AstraZeneca vaccine – which has not been approved yet for use in the U.S. – are described by the U.K. government as "mild to moderate in nature" and are expected to go away after a few days.

Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources.

I am a 13-year-old in seventh grade, and this is what the pandemic has felt like for me. I consider myself one of the lucky ones. I still got to go to school. Still, it felt like nobody was really there. Usually we sat in a dark room with the lights off and the blinds closed, all of us facing some sort of electronic device, procrastinating and not getting our work done. There are no sports teams. No music rehearsals. No drama club. When I'd get home, the first thing I wanted to do is lay down on my bed and just look up at the ceiling. Every single day. I keep saying to myself, "It's OK because next week will be better." But the next week was always the same. Occasionally, I would break down in tears and have to go to the school counsellor. Some of my classmates have done the same. We don't really need to talk to the counsellor, anyway. What we need is to hang out with our friends. The adults don't really understand. Whenever we'd talk, a teacher would tell us we were spreading spit particles across the room, and that could get someone sick. If we stood up, because we've been sitting for five hours straight, a teacher would tell us to sit back down because we weren't socially distancing. We have been told countless times that if we don't socially distance ... and stop doing the things that make us kids, that make us human beings, we will cause harm to others. Now, kids are scared. If they break these rules they feel like murderers, ungrateful people. But while following these rules we are killing ourselves.

Note: Children's hospitals have reported a sharp uptick in mental illness since the pandemic began. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

The pharmaceutical industry is distributing talking points, organizing opposition, and even collecting congressional signatures in an attempt to reverse President Joe Biden's support for worldwide access to generic Covid-19 vaccines. The behind-the-scenes moves ... come as the U.S. last week announced that it would support the World Trade Organization proposal, led by India and South Africa, to temporarily waive enforcement of intellectual property and patent rights on coronavirus vaccines. Without a radical expansion in vaccine manufacturing capacity, many developing countries will not achieve mass vaccination rates until 2023 or 2024. The waiver request, which was unexpectedly endorsed by Biden's administration on May 5, is designed to provide legal immunity for drug firms to copy the formulas of existing vaccines to supply low-cost vaccines to low-income countries. On Wednesday, Jared Michaud, a lobbyist with the Pharmaceutical Research and Manufacturers of America, a trade group that represents Pfizer, Johnson & Johnson, AstraZeneca, and other major drug firms, sent an email laying out the industry's role in coaxing lawmakers to push back against a waiver. One of the documents laid out potential national security concerns and suggested that lawmakers should argue the waiver could empower Russia and China. PhRMA ... spent over $24 million on federal lobbying last year and is one of the biggest corporate players in election spending.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption and the coronavirus vaccine from reliable major media sources.

Before the Covid-19 pandemic, Big Pharma had been easing out of the vaccine business for decades. Ultimately, Operation Warp Speed (OWS)–the U.S. government's Covid-19 relief program–would dole out $22 billion to Big Pharma. The amounts of money were the kinds of sums normally seen in the smaller defense budget line items, but were massive for a public health project–$2.5 billion to Moderna, $1.2 billion to AstraZeneca, half a billion dollars to Johnson & Johnson, and $1.6 billion to a small company called Novavax. Only Pfizer opted out of ponying up to the trough at first–it didn't want to devote resources to coordinating with the US government on its work. In July, Pfizer signed a $1.95 billion deal to sell one hundred million doses of its two-shot vaccine to the United States, enough for fifty million people. By February, the government had ordered three hundred million doses from Moderna, with its first shipment of one hundred million priced at thirty dollars per double-shot dose–cheaper than Pfizer partly because the United States had forked over nearly a billion dollars to Moderna research. Even more money was raining down on company insiders trading on good-news releases. Executives at Moderna and Pfizer cashed in on the vaccine, selling shares timed precisely to clinical trial press releases. Pfizer executives ... earned $14 million from stock sales in 2020. Moderna executives made $287 million from timed stock sales in 2020–and kept going.

Note: Explore hundreds of personal stories of severe vaccine injury and death that are being strongly suppressed by government and the major media. An MD's excellent research reveals that the government knew about and actively suppressed safe, effective, low-price treatments for COVID and targeted physicians who prescribed them. For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines and Big Pharma profiteering from reliable major media sources.

A week ago, the Biden administration announced support for waiving intellectual property protection for Covid-19 vaccines. In response, Bio, a trade association representing biotechnology companies, issued a statement saying, "The United States has unfortunately chosen to set a dangerous precedent with these actions." Efforts to maintain intellectual property rights from life-saving drugs to vaccines have hindered the global response. The Biden administration surprised a lot of observers by coming out in favor of this ... temporary suspension of IP and patent enforcement on certain medications related to the Covid-19 pandemic. Right now, the way that wealthier countries – the U.S. and others – are confronting this crisis for the developing world is through voluntary agreements. There are really two ways to combat this crisis. There's a way to do it in a sense that maximizes profit for the healthcare companies, the pharmaceutical companies. And then there's the more collaborative, nonprofit approach. And early on, pharmaceutical companies were fighting this more collaborative approach. The pharmaceutical companies, in addition, have said they plan to increase prices once the pandemic quote-unquote ends. These companies are eagerly awaiting the opportunity to increase prices.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption and the coronavirus vaccine from reliable major media sources.

Hospitals are charging up to $650 for a simple, molecular covid test that costs $50 or less to run, according to Medicare claims analyzed for KHN by Hospital Pricing Specialists (HPS). Charges by large health systems range from $20 to $1,419 per test, a new national survey by KFF shows. And some free-standing emergency rooms are charging more than $1,000 per test. The insurance company passes on its higher costs to consumers in higher premiums. Gargantuan volume – 400 million tests and counting, for one type – combined with loose rules on prices have made the service a bonanza for hospitals and clinics. Lab companies have been booking record profits by charging $100 per test. Even in-network prices negotiated and paid by insurance companies often run much more than that. In some cases, hospitals and clinics have supplemented revenue from covid tests with extra charges that go far beyond those for a simple swab. Warren Goldstein was surprised when Austin Emergency Center, in Texas, charged him and his wife $494 upfront for two covid tests. He was shocked when the center billed insurance $1,978 for his test, which he expected would cost $100. His insurer paid $325 for "emergency services" for him, even though there was no emergency. "It seemed like highway robbery," said Goldstein. A World Health Organization cost assessment of running 5,000 covid tests on Roche and Abbott analyzers ... came to $17 and $21 per test, respectively.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corporate corruption and the coronavirus from reliable major media sources.

The pharmaceutical industry keeps turning up the dial on lobbying, setting massive new spending records in its intensive effort to influence Congress and the Biden administration. Yet this week, President Biden angered drugmakers when he said he supports the waiving of intellectual property protections for coronavirus vaccines. Drug and health product manufacturers, along with their national association, spent a combined $92 million to lobby the federal government from January through March. That puts the industry on track to break its spending record for the second year in a row. Not only that, but its first-quarter spending was more than double what was spent by the second-highest-spending industry, electronics companies. There are currently 1,270 registered lobbyists for pharmaceuticals and health products – more than two lobbyists for every member of Congress. Pfizer, maker of one of the three coronavirus vaccines approved for emergency use in the United States, was the biggest spender of any individual drug company. And last year, as it was developing its vaccine, the federal government agreed to pay the company $1.95 billion for the first 100 million doses it produced. The company reported it had $3.5 billion in revenue from sales of the vaccine so far this year. Pfizer was outflanked on lobbying spending only by the Pharmaceutical Research and Manufacturers of America – the national association that represents the interests of drugmakers.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption and the coronavirus vaccine from reliable major media sources.

Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.