Tag: Big Pharma

Foreign laboratories and factories dominate American drug market, while FDA flounders

~ Fred Donaldson ~ 1 Comment

If you thought the American people were the customers of the U.S. Food and Drug Administration (FDA), you were wrong Human Drugs regulatory activities account for 33 percent of FDA’s budget; 65 percent of these activities are paid for by industry user fees, boasts the FDA website. No surprise: the 15,000 employees of the FDA … Continue reading Foreign laboratories and factories dominate American drug market, while FDA flounders

Biden bows to Big Pharma – blocks price cuts for EpiPen, Insulin and other drugs in America

~ Fred Donaldson ~ 3 Comments

The promise of Medicare for All has morphed into Drug Ripoffs for Everyone, after President Joe Biden's reversal of Donald Trump's executive orders that would have slashed the prices of insulin, EpiPen and most prescription drugs. Biden wasted no time rolling back the price cuts, signing an executive order Thursday, last week - his first … Continue reading Biden bows to Big Pharma – blocks price cuts for EpiPen, Insulin and other drugs in America