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When the government agencies that approve drugs are actually 96% funded by Big Pharma

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By Jo Nova

The Malhotra-Dowd-Wolf-Shipman event about the Corruption of Medicine in Perth was a smashing success. The crowd of nearly 2,500 was on fire, the speakers were excellent and you can still watch it (and help cover some of the costs) by buying tickets to watch it online. Four hours of some of the best and brightest of humanity.

 

Fact-of-the-day (for me) was that the Australian TGA (drug approval agency) gets 96% of its budget from the industry it supposedly is a watchdog for. Hello? So when the TGA inexplicably banned the safe ivermectin and hydroxychloroquine options they were, it seems, just doing what any bought-and-paid corporate crony agency would, even if people died. Apparently the government agencies are not just a rubber stamp for profitable drugs, they are the iron mallet to crush the competition too.

Cartoon thanks to Panda at FirstFactCheck

While Australia won the prize for the agency with the Biggest Conflict of Interest, there’s little material difference in the EU, the US or the UK (or Canada). The drug industry funds 89% of the EMA budget in Europe and 86% of [...]


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