Friday, March 27, 2020

Not "Big" Pharma. PIG Pharma

Peter Navarro has no nice words for the pharmaceutical industry.

Navarro, the assistant to the president for trade and manufacturing, told The Spectator that Big Pharma’s opposition to the executive order, which would require government agencies to purchase pharmaceutical products made in the US, because it wants to ‘preserve its offshore oligopoly’.--National Sentinel quoting Spectator
Pig Pharma didn't like that, so it lied about the order.

...“At this time, while supply chains for a broad range of US industries are stressed due to the global COVID-19 crisis and a number of factors related to the crisis already raised concerns about shortages, it is important that we do not take any measures that could undermine the complex arrangements between firms that allow for efficient delivery of medicines to patients,” the draft letter states....
Oh, really??

...That’s bogus, Navarro noted, because the president’s EO contains exemptions.

“None of the Buy American provisions in the proposed Executive Order would apply during the current COVID-19 crisis,” he explained. “That’s a Big Pharma red herring designed to preserve its offshore oligopoly at the expense of American citizens.

“If this crisis teaches us anything at all, it is that we cannot rely on Big Pharma, which is renowned already for its price gouging, to provide America during the China virus crisis with the medicines and medical supplies we urgently need from its offshored production,” the trade rep continued....
I would suggest that Pig Pharma retreat.  Trump & Co. rarely lose, and it appears that he'll have another 4 years to beat them into submission if they want to play rough.

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