I think I also read that he’s been getting paid for any little TV bit he does.
This article uses typical obfuscation methods:
1. In 2021, NIH made $30 billion in grants to 56,000 recipients.
2. From 2010 and 2020, $350 million in royalties were received by NIH. That’s $35 million per year.
When you divide the numbers, you see that the royalty inflow is 0.001 of the grant outflow. That is 1/10 of one percent. In laymen’s words, smaller than mouse nuts.
But there is no doubt the $30 B outflow influences all the recipients to get the “right” answers their benefactor wants which thereafter support the NIH positions on medical matters.
Ping
Yes, and they used PUBLIC resources to develop these private patents. Ask the guys who work in Corporate America and have to sell their patents for $1.00 back to the employer because they used COMPANY resources to develop their patents.....IS THIS FAIR?
It’s outrageous and disgusting.
Racism and slavery do pay. His crimes against humanity must be stopped.
In industry, inventors working for a compado not get royalties on their inventions. As part of the employment contract, you give away rights ahead of time.
It’s fair, however not popular.
What a grift that government employees get royalties!!! And often, listing someone from an approving (or monetary granting) agency as co-inventor is complete BS, but done to bribe them. I’ve seen it a dozen times, in med device industry.
Cushiest jobs, highest retirements, lowest hours worked, tons of vacation time, often dumb as a box of rocks...and kickbacks! Our government employees at work.
Want to know just how corrupt the FDA/NIH relationship is with Big Pharma, take a look at this article about the prostate cancer treatment drug Xtandi.
I’ve been interested in this particular drug because I’ve been taking it for metastatic prostate cancer for almost four years. Fortunately for me, it only costs me $11/month through the VA.
Full retail is close to $6,000/month. The VA pays about $3,600/month.
A few years ago, a Canadian pharmaceutical company told the FDA they could produce, market, and sell Xtandi for just $360/month. The FDA refused. BTW, Pfizer has the rights to manufacture and sell Xtandi. What a surprise.
https://www.latimes.com/business/story/2022-02-10/xtandi-pricing-prostate-cancer-drug
The story about Lupron is similar, but the pharma company that makes that drug uses the scam of evergreens government to keep renewing the patent so generic phara companies can’t market it. This drug is also used for prostate cancer
A fancy mechanism for indentured servitude!
A fancy mechanism for indentured servitude!
bttt
That’s one of the reasons when they talk about “investments” of our tax dollars we never see a return. This has been going on for years. Sesame street produced by tax dollars but do you think we get a cut of every Elmo doll sold?