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12/04/2024
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By Belle Carter
Last-minute effort to rob taxpayers: Biden administration moves to subsidize reptile venom peptide injections marketed as weight loss medications
Outgoing President Joe Biden’s administration wants to scoop more money out of taxpayers’ pockets before his term ends, with a proposal to expand coverage of Big Pharma’s popular venom peptide-laced weight-loss injections in government-backed healthcare plans including Medicare and Medicaid. The proposal, which was pitched by the administration on Nov. 26, would expand access to weekly injectables […]
11/02/2020
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By Ramon Tomey
Drug maker Eli Lilly strikes $375 million deal with US government for COVID-19 antibody treatment
American pharmaceutical firm Eli Lilly has agreed to supply the U.S. government with its experimental COVID-19 antibody medication. The company announced Oct. 28 that it will provide an initial 300,000 vials of the bamlanivimab antibody-drug amounting to $375 million, contingent on emergency use authorization (EUA) from the Food and Drug Administration (FDA). Eli Lilly submitted […]
11/15/2017
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By Ethan Huff
Trump nominates Big Pharma executive to run HHS, proving government has been hopelessly corrupted by the drug industry
There’s a new chief in town, Alex Azar, who, should he receive confirmation from Congress, will soon take over as head of the United States Department of Health and Human Services (HHS). But not everyone is happy with this decision because Azar is the former president of Lilly USA, the American arm of drug giant […]
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