Nick Dearden Profile picture
Feb 2 5 tweets 3 min read
After all the UK government has done to back them, Big Pharma still isn’t happy. They say the UK should be put on a US trade sanctions ‘watch list’ because the #NHS has too much power to negotiate down medicine prices. #PeoplesVaccine 🧵 1/
Basically, ‘the NHS doesn’t pay Big Pharma enough.’ And worryingly, they think the UK government might agree with them – welcoming a NICE review, though still they think it should go further. This would represent a massive threat to the #NHS. 2/
They also think we should break from Europe’s new approach to medicine approval, because it weakens, ever so slightly, Big Pharma’s monopolies on drugs. 3/
In any trade discussions, they’re urging the US to push Britain to meet the highest possible monopoly protections for Big Pharma. Really, it’s never enough for these guys. 4/
Worth remembering that this is the body which accused Nelson Mandela of ‘piracy’ when he tried to lower the price of drugs in South Africa during the AIDS crisis, going all-out to isolate and bully S Africa. Real charmers. 5/ #PeoplesVaccine jacobinmag.com/2016/10/bill-c…

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More from @nickdearden75

Dec 24, 2021
If we ever want a normal Christmas again, we need to vaccinate the world. We can only do that by overriding Big Pharma’s stranglehold on vaccine recipes. Today we reveal some startling new stats 1/ #PeoplesVaccine #TRIPSWaiver
The EU, UK & US have received more vaccine doses in the last 6 weeks than African countries have received all year. Just 8.6% of people in Africa have been fully vaccinated. This FT graph says it all in terms of just how unequal things are 2/
If we rolled out vaccines to everyone at the same rate the UK is giving boosters, we could vaccinate the world by February. Whereas, if things keep going as they are, everyone in Africa won’t have received their *first dose* until April 2023. 3/ independent.co.uk/world/uk-eu-us…
Read 7 tweets
Nov 1, 2021
I welcome Johnson’s conversion on #ClimateChange at #Cop26, but the rhetoric is divorced from his actions. At a basic level, approving a new coal mine and oil licenses, and cutting tax on short haul flights is criminal. 1/7 gov.uk/government/spe…
But the bigger problem is that Johnson thinks the market, big business & big finance will save us. That means while lecturing other countries on climate, he’s expanding a hyper-globalised, neo-colonial economy that is incompatible with tackling the #ClimateEmergency. #COP26 2/7
The trade deals he’s signing will make things worse. More food flown round the world, more industrial agriculture, less regulation, and more power to big business, which allows energy corporations to sue governments for taking 👇 #ClimateAction 3/7 news.sky.com/story/fossil-f…
Read 7 tweets
Sep 14, 2021
Great piece by @tomperrett97 showing how the corporate court system doesn't only mean governments get sued for enacting #ClimateAction - they may be forced to reverse these vital policies 1/6 #NoISDS bylinetimes.com/2021/09/13/the…
A reminder, this system was developed as a 'magna carta for capitalism' to help undermine the decolonial movements of the 50s-70s, as explained here by @_BvdM 2/6 newstatesman.com/business/2021/…
More recently, they've become a multimillion dollar industry which is helping fossil fuel corporations challenge climate action and maintain their profits, often raising funds to engage in new oil/ coal/ gas exploration. #ClimateEmergency 3/6 aljazeera.com/opinions/2021/…
Read 6 tweets
Jul 29, 2021
New figures from @peoplesvaccine today show that Big Pharma monopolies are making vaccinating the world at least 5 times as expensive as it needs to be. “The most lethal profiteering in history” says @Anna_Marriott (1/5) #PeoplesVaccine
Pfizer & Moderna accused of overcharging by around $41billion. These corporations received over $8billion in public support, and could be making their drug for as little as $1.20 a dose. Covax has been paying 5 times that. (2/5) oxfam.org/en/press-relea…
Uganda just lost 50 health workers in one week. One dose of Pfizer costs what the country spends per citizen on healthcare over a year. (3/5)
Read 5 tweets
Dec 18, 2020
Our new report shows why we can't trust Big Pharma to deal with #Covid_19 fairly. It’s an industry driven by sky high profits. While public money has produced vaccines in record time, those medicines have now been privatised! (1/12) globaljustice.org.uk/resources/horr…
Six of the biggest corporations in the #Covid_19 market generated $266 billion last year, with profits totalling $46bn. Johnson & Johnson is more wealthy than rich countries like New Zealand and Hungary. Pfizer’s revenues are bigger than oil-rich Kuwait or Malaysia. (2/12)
How have they got rich? We look at examples. Pfizer hiked the price of on anti-epilepsy drug on which 48,000 NHS patients relied. #NHS annual spend on the drug rose from £2mn to £50mn in a year. Pharmacies faced hikes of up to 2,600%! (3/12) gov.uk/government/new…
Read 12 tweets
Nov 13, 2020
The #G20 statement on ‘a new debt system’ today is shockingly bad. Expectations were very low, but this is truly underwhelming nonetheless. #CancelTheDebt (1/5) jubileedebt.org.uk/press-release/…
No compulsion for big banks or World Bank to write down debt. It’s all the responsibility of the debtor country, which in the current system has little power. Everything will be done to ensure as little debt is cancelled as possible. (2/5) g20.org/en/media/Docum…
On the day Zambia teeters on default this is pure ‘head in the sand’. Zambia spends 4x more on external debt than public healthcare. Meanwhile some ultra-rich bondholders could make up to 250% profit. (3/5) jubileedebt.org.uk/press-release/…
Read 5 tweets

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