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Feature: Big pharmaceutical companies exposed for theft, high prices

NewsDay Staff ·

Feature: Big pharmaceutical companies exposed for theft, high prices

They steal poor communities’ traditional/indigenous knowledge of medicinal plants and then patent, manufacture and sell the medicines they make from them at very high prices, worldwide.

They develop new medicines in their government-funded laboratories, get them approved for public distribution after government-funded testing, and then claim a 20-year patent that provides an exclusive right to manufacture, price and profit from government’s investment.

This may make the large Western pharmaceutical companies (Big Pharma) the biggest economic imperialists on planet earth.

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