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We are living Big Pharma’s paradise

24 May 2022


Just like heaven 🎶 This is what Big Pharma’s paradise looks like

Virus spreading ferociously and mutating into more aggressive variants, requiring booster shot after booster shot? Wonderful! More jabs, higher stock prices and greater and greater profits.

The pandemic was great news for pharmaceutical corporation executives and shareholders. Global North governments soon learned to take advantage of it as well, and the political gains have been considerable.

The greater the emergency, the greater the profits, and profited they have in the face of a lethal virus that’s taken the lives of millions of people, wrecked economies and caused significant setbacks in human rights achievements.

As part of the industrial complex of rich countries, these companies were protected at the highest levels, all under the guise of international trade law in the rooms and hallways of their country club in Geneva, AKA the WTO.

This Wednesday, May 25th, the WTO will resume negotiations on the TRIPS waiver. The EU, UK, Switzerland and the US have been steadily safeguarding their home-based pharmaceutical companies to the detriment of the health and economy of entire countries.

#WTO #MC12 #TRIPSWaiver #EndCOVIDMonopolies #Fem4PeoplesVaccine


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DAWN@DAWNfeminist·

If we can speak about recovery for some, we must acknowledge that #COVID has been a thriving time for others, particularly #BigPharma.

#Pfizer's vaccine is one of the most lucrative products in history, amassing nearly $37 bn

Dr Lesley Ann Foster at #ECOSOC

#Fem4PeoplesVaccine

DAWN@DAWNfeminist·

This is what #COVID caused in low-income countries:

🔸Debt increase 📈
🔸Untold hardship
🔸Millions of jobs lost
🔸Food insecurity
🔸High levels of GBV
🔸Decrease in investments in social programs 📉

Dr Lesley Ann Foster at #ECOSOC Partnership Forum

#Fem4PeoplesVaccine

DAWN@DAWNfeminist·

"When we talk about accountability to partnerships, there have to be parameters, inexcusable promotion and protection of #HumanRights & scrutiny of how partnerships work, & how benefits are shared.

Dr Lesley Ann Foster at #ECOSOC Partnership Forum

#Fem4PeoplesVaccine

DAWN@DAWNfeminist·

"The absurd & unconscionable profits raked in by #BigPharma during #COVID are paid in human lives, particularly in the global South".

Dr Lesley Ann Foster, Executive-Director of @masimanyane at #ECOSOC Partnership Forum

#Fem4PeoplesVaccine

DAWN@DAWNfeminist·

"The absurd & unconscionable profits raked in by #BigPharma during #COVID are paid in human lives, particularly in the global South."

Dr Lesley Ann Foster, Executive-Director of @masimanyane at #ECOSOC Partnership Forum

#Fem4PeoplesVaccine