Have Covid Vaccines made the same Marketing Mistake as Oxycontin?
Lessons from recent history
History has valuable lessons and recent history should be more relevant. The impact of the Oxycontin mistake is still present today. In fact, the drug was being promoted between 1996 to 2001.
The fact that pay outs to the affected are still occurring in 2023 indicates how long it takes for justice to be served.
The lawsuits accused McKinsey, one of the leading global consulting firms, of contributing to the deadly drug crisis by helping drug manufacturers including Purdue Pharma design deceptive marketing plans and boost sales of painkillers.
Nearly 645,000 people died in the United States from overdoses involving opioids, both prescription and illicit, from 1999 to 2021, according to the U.S. Centers for Disease Control and Prevention.
The U.S. Supreme Court last month agreed to hear a challenge by President Joe Biden's administration to Purdue Pharma's multi-billion-dollar bankruptcy settlement resolving related claims against the drugmaker.
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Its commercial success, fueled by an unprecedented promotion and marketing campaign, was stained by escalating OxyContin abuse and diversion that spread throughout the country.
Similar pattern of misrepresentation, stating the risk of myocarditis with Covid vaccines is small without doing the necessary research thoroughly.
Fascinating to watch our useless lawmakers dribble more and more nonsense. Where were all their committees that we, the taxpayer, pay a fortune for? The subcommittees and committees whose job is to investigate what pharma is up to. Bernie Sanders, Rand Paul, and so many others did not do their job. Now we have even more evidence of their negligence with the approval of experimental biologicals for covid with NO SAFETY OR EFFICACY DATA. Our lawmakers must be held accountable as well as the health agencies involved and of course the maker of these disastrous concoctions.
Clearly, the payoff is greater for Pharma than the fines. If perhaps there was a greater penalty - such as you lose the ability to bring any new drug to market for 5 to 10 years - THEN we’d see some behavior change.
In other words, the spankings need to be stronger.