Pharma Family OPIOIDS Cover Up | The Sackler Family Billion Dollar Opioid Empire

With over 200,000 deaths caused by Opioids, it's important to look at how this tragedy took place and who's behind it. In this video we look at the Sackler family, the family that has caused untold damage to the lives of millions for their role in the opioid crisis through their company Purdue Pharma.

------------------------PHARMA BOOK-----------------------
https://www.amazon.com/Pharma-Greed-Lies-Poisoning-America/dp/1501151894

Authors Website - https://www.posner.com/

The American taxpayer has paid more toward drug research since the 1930s than any drug company, an astonishing $930 billion. Pharma uses that public research to patent brand names drugs and earn billions in profits.
Drug companies spend far more on stock buybacks and advertising and promotion than on research.
Pharma has repeatedly won court decisions to patent products of nature, such as natural antibiotics in soil, as brand name medications to which they have exclusive patents.
The United States is one of two countries on the planet that allows drug companies to advertise directly to the public, even though patients cannot buy the drugs directly. America is the only country worldwide that allows pharmaceutical companies the unfettered power to set their own prices. Little wonder that the very same drug in the U.S. costs on average 2 to 4 times what it costs abroad.
The major academic and medical journals are filled with articles and studies that are case-studies of conflicts of interests between the doctors and researchers writing them and the drug companies funding and sponsoring them.
Drug companies can cancel drug studies in which the results are bad and are under no obligation to report those results to the FDA. Pharma firms can pick and choose which of its clinical trials and studies it wants to provide to the FDA in support of a new drug application.
Pharma ads and promotion are notoriously inaccurate. A large 2014 study revealed that only a third of all drug company ads were “objectively true.” There is no FDA review of ads before they run, companies can only be fined afterwards if the ads were misleading or false. By allowing drug companies to advertise using relative risk, the FDA encourages a form of promotion that borders on fraudulent.
It took until 1938 for prescriptions required for any drug. Even then, no drugs had to prove they were effective, just that they were accurately labeled.
More than half of bestselling drugs are me-too knockoffs of a competitor’s hit medication. That precedent was set when the FDA approved a Pfizer antibiotic whose only difference from that of a rival’s drug was that a Pfizer researchers had swapped a chlorine atom with an oxygen one. The result was a drug that was virtually the chemical twin of its rival and one that offered no therapeutic or dispensing advantage. Still, Pfizer got the patent and used aggressive promotion to make it one of the biggest selling antibiotics. (Same with benzodiazepines, they had only an extra carbon atom in the inner ring structure as compared to the previous blockbuster antianxiety, Miltown).
Eight of the top 10 most expensive drugs in the world are orphan drugs. Never heard of that? That’s exactly the way pharma likes it.
Ever hear of Pharmacy Benefit Managers? Probably not. These middlemen, who have become a key element in the drug distribution system, are among the largest and most profitable companies in America. They are also responsible for many of the high drug prices since it is legal for them to accept ‘rebates’ from drug companies in exchange for putting a brand name medication on an insurance formulary.
Name one of the CEOs of the top ten biggest drug firms? Odds are most people cannot. There is no Steve Jobs, Tim Cook, Bill Gates, Richard Branson, etc. Pharma chiefs like to be in the background, stay off the front pages. They prosper and thrive in the darkness

#sackler #opioid #crisis #epidemic #purdue