Topic: Pharma Profits

Oxfam International reports that a new billionaire was minted every 30 hours during the COVID-19 pandemic. The report, titled "Profiting from Pain," highlights how the pharmaceutical sector saw unprecedented profit levels while global wealth inequality widened between rich and poor nations.

The Indian news outlet WION reported on what it characterizes as "vaccine terrorism" and bullying by Pfizer against sovereign governments. The report alleges the pharmaceutical giant prioritizes profit over public good by silencing governments and halting supplies to secure favorable terms. This behavior is linked to a long-term industry shift toward mRNA technology and the pursuit of vaccines for non-communicable issues like addiction, all while maintaining legal immunity from lawsuits.

The hosts discuss the financial motivations behind the suppression of generic drugs. They note that while generic drugs are "non-patented," they are still profitable, though they lack the massive margins of new, government-funded pharmaceutical products.