Big Pharma companies were going broke, so they committed fraud of the SARS-CoV-2 Variety

Nothing but the Truth, so help me God

Hard to believe, eh?

This is something I’d wager you do not know - big pharma companies have been going broke, gradually, over the last four decades. They outsourced all the assets required to develop new drugs during the mid 1980s and 1990s. Without the required skills, the valley of death was created (new products failing during development). That created the patent cliff (no new drugs coming through to replace their existing patented ones about to lose patent protection). At the same time, big pharma stopped making what were generic (small molecule) products Then, in the 2000s, biologic drugs, such as monoclonal antibodies (mAbs) became too difficult to produce.

By the mid to late 2000s, all that big pharma companies had left to sell were gene modified cell therapies known as CAR T. A single treatment had to cost c. $400,000 because they were for rare blood cancers (rare meaning not many customers). Even at that price, they were never going to make blockbuster returns for their inves…