Gainesville, Florida (Special to Informed Comment) – The 14 largest publicly-traded pharmaceutical companies spent $747 billion on stock buybacks and dividends from 2012 through 2021 — substantially more than the $660 billion they spent on research and development. So argue economists William Lazonick, professor emeritus of economics at University of Massachusetts, and Öner Tulum, a […]
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Drugs
Opioid Crisis: Purdue Pharma/ Sackler Family Fails in End Run around Justice
Gainesville, Florida (Special to Informed Comment) – In a seismic victory for justice and accountability that re-opens the deeply flawed recent September, 2020 settlement of the Purdue pharma bankruptcy case, the Sackler family will be forced to confront the pain and devastation they have allegedly caused. Judge Colleen McMahon of the U.S. District Court for […]
Our Health depends on Indigenous Botanical Knowledge and Plants that are rapidly being Destroyed
Southwest Harbor, Maine (Special to Informed Comment) – While mainstream media celebrate the remarkable development in record time of vaccines spectacularly effective against the Covid virus, knowledge that might contribute to other medical breakthroughs is being steadily undermined. This decline is not the result of some dramatic lawsuit or corporate takeover. It is one of […]
Was ‘the War on Drugs’ always a White Nationalist Project?
( Tomdispatch.com ) – Fifty years ago, on June 17, 1971, President Richard Nixon stood before the White House press corps, staffers at his side, to announce “a new, all-out offensive” against drug abuse, which he denounced as “America’s public enemy number one.” He called on Congress to contribute $350 million for a worldwide attack […]