with the big pharma line. the thing about big pharma the aging companies 18 companies that control pharmaceuticals is not simply that they hike up races and exploit s to be available. it justifies the monopolies. that is the answer of research. they have totally advocated development with research and development. through tropical diseases. and antibiotics. in the last few years. they are running wild in the hospitals. in 40 or 50 americans per year are dying because of these infections. it is being pulled back in big pharma. they shall this essential test. they don't do what their potential justification is. at the same time they spend more on advertising than they do in r&d. like the assumption. and men my age. it seems like they actually buy up small firms. in the research. they don't want the competition. sometimes the buy up to get that new product is that new technology. they take it off the market. the actually suppressing the development. we could go on for a long time talking about this. it's not just

they reviewed the drug big pharma is supposed to be regulated by the f.d.a. but unfortunately through the buffo laws big pharma is actually paying the f.d.a. . very large sums of money to review their drug applications so the f.d.a. doesn't do independent testing i've never bought into and that has taken account of the drug companies have run clinical trials for them i was investigating whether or . where their company executives were essentially writing the advisory decision. that legitimized approving this struck the joint commission that accredits health care organizations mandated pain is treated like the 5th vital signs as patients routinely had their temperature and blood pressures checked doctors were expected to ask each person to rate their pain on a scale from $1.00 to $10.00 doctors and hospitals were mohnish to if they did not treat this pain the joint commission developed this pain as the 5th vital sign. as part of a grant of that was provided to them by the pharmaceutical company purdue pharma the joint commission on accreditation of health care

as big pharma broadens its horizons our nation continues to struggle in the aftermath of their deceit. and it wasn't until february of 2017 after much had been exposed about the overprescribing of opioids that a new doctor at the clinic noticed 70 year old linda g.n.r. he had a serious opioid addiction he discontinued her high dose prescriptions causing linda to experience a painful withdrawal process get nauseous you might throw up it diarrhea there's a whole array of stuff you feel pretty miserable for people like myself need some relief from the chronic pain. and it doesn't take 150 milligrams of the whole to do that today life is better but that doesn't make up for the decades of endangerment and loss of quality of life linda innocently experienced by trusting her doctors would do her no harm just quite a journey when i don't want to go through it again. happy with how things are now. i think it's fair to say that this epidemic of opioid addiction and overdose deaths was in many ways caused. i buy green meat so i think inform public is critical to resolving this problem. people ne

and then say they're greedy they're terrible now but the problem is that big pharma is the engine for medical innovation in this country they develop drugs they are willing to invest millions may invest in 40000000 dollars before they've made a dime from it. so if we if we say let's you know what's make all of our drug companies nonprofits like we're not going to have a lot of innovative drugs that are going to a carrot cancer are things like that so it's a problem and the rest of the world is counting on american drug companies to come up with cures chronic pain is truly a life altering problem for millions of people 'd. search for safe non-addictive solutions for pain really we can probably produce better drugs in terms of alleviating pain without the addictive component and some of the faculty here at the similar institute are working very hard on paying we need to treat pain is very important to treat i've been studying the. studies in england we cloned. the gene which we call coded. we can block the information in the brain and we don't quite know what that will do i think what's

of course not and that would be big pharma with those universal vaccines. i think probably a majority of the people in the research community would agree it is entirely possible that just hasn't had the profit motive a big pharma with all the public spending behind it. but these companies they are five great ones but with the development of pharmaceuticals but then they hiked up prices and exploit it to be available to poor people. and with that research that develops. it's not true. they totally abdicated the development of research and development with the antivirals. and then they know it's been dangerous to be in the hospital last few years to have staph infections running wild in the hospitals. thirty or 50000 americans per year dying from this infections of the antibiotic revolution that they are not addressing that with the antibiotics because they didn't do with their justification and at the same time with r&d especially like sexual dysfunction in men my age and it seems and from the research throughout the competition and with that new technology

maintain their addiction for a fraction of the cost of buying oxycontin and he said considering that big pharma and these companies like purdue pharma which are now being sued all over the country, considering the damage they've done to this country, he considered this a sort of alternative way for people to maintain their addiction. >> he was kind of a robin hood figure. >> he didn't see himself that way. >> the other chapters in the book that really saying to me were the ones where you went to china and that for me was what separated this book from just that kind of a star i'll report on a crisis the one that is really a wonderful read. talk about your trips to china. >> iq for those kind words. back in 2017 i started reporting on fentanyl and ernest and everyone kept saying i'm 2017 was killing more people than any drug annually in american history. worst crack avenue, worst end, worse than heroin or pills so i kept hearing all these physics. but no one had ever gone to the store. no onehad ever gone to china . though i thought well, where do i start i don't speak chinese. so i just started

tracking the market action in what's shaped up for a volatile day meg has quarterly results from big pharma names mike, start us off with the brorder market of what you seeing >> some pretty strong opposing currents holding the index in a steady mode. look at the s&p 500. this goes back a couple o years because i want to point out the areas that we're encountering with this rally. here we are around 2880. that takes us back to about march 10th the day before the nba canceled the season and really it became a real reality that we were going to be in shutdown mode also before the federal reserve cut rates the zero so that was the panic right there and now we've kind of lifted ourselves out of the panic. we got to right wbefore that mot when you had this liquidation phase in the markets but it also takes us back if i carry ied tht back, we go to january of 2018, so there's a lot of stuff coming along in this area including the moving average around 3,000. that's this zone we're in right now, where we're going to have hash through some small stocks and big ones back off a little bit. this is a

government's medical advice provided by a form of big pharma president even don't just from being tested for over 1000 we are going to do what the situation is like there and how bad it will get in britain and does boris johnson's government consider itself part of the putting in the good immunity extinction rebellions professor richard reid explains the u.k. catastrophe with the indian plus the most lethal terror attack in u.k. history did britain conspire the cover up of a mole could be involving u.s. intelligence libya and iran we told you so the more. when an appeals court hearing what some call the worst miscarriage of justice the u.k. legal history all of them all coming up in today's going underground fast that's because straight to a hospital in modern era where we're joined via skype by dr giovanni grell the infectious disease specialist was at the forefront of the italian fight against corona virus thank you so much giovanni for coming on what is the current situation in northern italy where your good morning will this equation is pretty hard because of course we've got hundred

thoughts seeing things that are not there uncontrolled twisting movements and of course my personal big pharma side effect favorite large i have like swelling on the face eyelids lips tongue throat sex organs. yes that is the side effects you get when dr donald trump starts telling you to ask your doctor about hydro oxy couric when or however it's called that i have friends means that i'm just there watching dogs. if you want to go on a city street want to. see this joyce state see a. great city displays systemic deceptions late show which. so when the real. world order and watching the hawks i am tire over and over and i won the boy oh boy i mean just so you know donald's but out there pushing the hydroxy chloroquine him great side effects by the way that last one i didn't even know about all the thrilling my go yeah no the list of side effects to this and it still isn't tested and proven that yes it actually does be covert like not in an actual real scientific test they're finding out they're testing to see if it does but you know that's just a handful where you're seeing on the screen one o

the fact of the matter is i think your best move is a basket of big-cap pharma and a couple of biotech names that have exposure and not just around covid and around testing and around pharma and around the fact that either way otc has been a major seller in a lot of the big pharma names and they're also independent of covid have reasonably predictable earnings streams and we're looking for good balance sheets and merck sanofi and abbott labs has been another big story and gilead, there's your basket and it is interesting. >> yeah. i'm looking at the release here, steve grasso and it's a bullish situation. there's an analyst out here from lirink a couple of days ago talking about gilead and rem des vish remdesivir, the drug, with everything we do we need to be careful because there's a long way to go even with a promising treatment and there are still many questions and i hope they're all solved positively. the point is for investors you do need to be careful here, do you not? all right. guy adami, what do you think >> listen, being careful is never a bad idea i've been trying to be pra

social ownership of major means of production like right now we'd be in a lot better position if big pharma was a public utility rather than for profit companies that don't do vaccines said don't do any viral said don't do any of biopics in terms of research and development. so it we're in a bad place because of it yeah absolutely agree and you know you say you said corporations jacking up the price of ventilators because they know they can they know they have that power over the people right now one more question on the race and you know whether it's joe biden or bernie sanders the green party will deal with the same accusations they have in the past that they're taking votes away from the democrat and it's imperative to get trump out of office how do you respond to those trolls that you know you're going to have to face. we don't spoil elections we improve them we put issues on a table that the major parties will not like medicare for all which you know biden says is irrelevant to the coronavirus crisis that could have just as well come from trump like a real green new deal and we have a.

. >> okay, long-term holder of big pharma, recently added some biog biogen, earnings are flat, pushing over the pipeline, company has low debt, high return on equity, ten times earnings, six year trading range. am i mad or do i -- >> you're fine you got to have the alzheimer's drug pay off the segment is red hot, regeneron is up, amgen is screaming. if they get remdesivir through, that's going to be big you're going to go up just because it is in the biotech etf. a lot to digest tonight. wow. president saying we're dwogoingo open soon. gilead may be letting him do it. yes. the first word to any adventure. but when allergies and congestion strike, take allegra-d... a non-drowsy antihistamine plus a powerful decongestant. so you can always say "yes" to putting your true colors on display. say "yes" to allegra-d. to since 1926, nationwiders we've been there in person, during trying times. today, being on your side means staying home... "nationwide office of customer advocacy." ...but we can still support you and the heroes who are with you. we're giving refunds on auto insurance premiums,

to fight the coronavirus scientists and every day people are desperately looking for cures from big pharma the fans of that even natural remedies everybody is in on the battle against covert 19 artie's alex mahela bitch has the story. from laboratories in china to the u.k. thousands of people around the world are working on ways to fight covert 19 fast boat development a license that seeing he takes many years it's quite probable with etc reasons development for a cavy vaccine that might be shrunk to maybe a year the urgent need for something to be done is being addressed internationally among the many companies universities and other institutions working on a vaccine some believe the 2 front runners at this point are china based can sign a biotechnology inc and massachusetts based moderna therapeutics which is already testing its vaccine on humans can sign and is known for creating the world's 1st internationally accepted a bowl of vaccine. besides players like china the u.k. and u.s. the world health organization says more than 20 vaccines are being worked on around the world and that in