{"id":41035,"date":"2018-11-28T15:35:32","date_gmt":"2018-11-28T20:35:32","guid":{"rendered":"http:\/\/olduvai.ca\/?p=41035"},"modified":"2018-11-28T15:35:32","modified_gmt":"2018-11-28T20:35:32","slug":"msm-is-like-big-pharma-the-rewards-of-malpractice-outweigh-the-penalties","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=41035","title":{"rendered":"MSM Is Like Big Pharma: The Rewards Of Malpractice Outweigh The Penalties"},"content":{"rendered":"

MSM Is Like Big Pharma: The Rewards Of Malpractice Outweigh The Penalties<\/a><\/h3>\n
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\u201cAs part of the plea bargain, Purdue agreed to pay the federal government $600 million and 27 states $20 million. The three executives agreed to $34.5 million in fines but avoided jail-time. By contrast, Purdue has earned an estimated $31 billion in total revenues from extended-release oxycodone since its launch. Rather than deterring fraudulent marketing, the penalties simply became a cost of doing business.\u201d<\/p>\n

A cost of doing business. The preceding is an excerpt from a Harvard study\u00a0published last year<\/a>\u00a0titled \u201cThe Opioid Epidemic: Fixing a Broken Pharmaceutical Market<\/a>\u201c. It describes the illicit marketing practices advanced by Purdue\u2019s executives for its wildly profitable opioid Oxycontin, and how the criminal and civil cases brought against the company for those practices weren\u2019t consequential enough to prevent those practices from remaining highly profitable.<\/p>\n

Big pharma has\u00a0the highest profit margins<\/a>\u00a0of any industry in the United States and is also the number one lobbying industry<\/a>\u00a0in the United States, a correlation which won\u2019t surprise anyone who knows anything worth knowing about politics in capitalist societies.\u00a0One of the many, many ways that the US government has collaborated with these massive pharmaceutical corporations to increase their profit margins has been to put into place laws which make them\u00a0obscenely difficult to sue<\/a>, therefore rendering the cost of the few lawsuit settlements which get through a mere drop in the bucket of profits made by unethical marketing practices. Even fines for downright illegal practices can be chalked up to mere overhead, with\u00a0the largest fine ever levied<\/a>\u00a0against a drug company being $3 billion against GlaxoSmithKline, which sounds like a lot if you don\u2019t know that Glaxo raked in\u00a0$27.5 billion just that year<\/a>.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

MSM Is Like Big Pharma: The Rewards Of Malpractice Outweigh The Penalties \u201cAs part of the plea bargain, Purdue agreed to pay the federal government $600 million and 27 states $20 million. The three executives agreed to $34.5 million in fines but avoided jail-time. By contrast, Purdue has earned an estimated $31 billion in total […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[17039,2001,496,512,4728,23252,880],"class_list":["post-41035","post","type-post","status-publish","format-standard","hentry","category-liberty","tag-caitlin-johnstone","tag-julian-assange","tag-mainstream-media","tag-media","tag-msm","tag-paul-manafort","tag-wikileaks"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41035"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41035\/revisions"}],"predecessor-version":[{"id":41036,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/41035\/revisions\/41036"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}