https://youtu.be/6_UVWWdj17Y
Inspired by a fellow waccobb member. I created this short film on Big Pharma's history of criminal prosecution. In light of the fact that they are racing to produce a Covid-vaccine I thought it was important to look at their history.
Big Pharma is one of the most powerful industries in the world. The global revenue for pharmaceuticals was over $1 trillion in 2014.
Big Pharma is also the biggest defrauder of the Federal Government under the False Claims Act, according to consumer watchdog group Public Citizen.
The industry has a history of fraud, bribery, lawsuits and scandals. Despite criminal charges and fines, Big Pharma companies continue to do business.
From 1998 to 2016, Big Pharma spent nearly $3.5 billion on lobbying expenses — more than any other industry.
In 2016 alone, it spent about $246 million. That’s more than the defense industries and corporate business lobbyists combined.
Artwork by C.M. Scott title: Big Pharma's Crimes