Saturday, August 13, 2011

PROFIT IS A KILLER

Drug companies like all other capitalist concerns like to portray themselves as selfless benefactors of mankind. The image of dedicated men and women in white coats researching in a ceaseless bid to rid the world of disease is one they constantly try to project. In reality of course they are ruthlessly trying to increase their profits by any means whatsoever. "US pharmaceutical giant Pfizer has started making long-awaited compensation payments to families over a 1996 drug trial blamed for the deaths of 11 children and disabilities in dozens of others. ...The payments were part of a $75 million out-of-court-settlement reached between Pfizer and Kano state government in July 2009 over the drug trial." (Daily Telegraph, 12 August) In order to survive inside capitalism companies have got to beat of competition from their rivals. If that means the death and disability of some children in some far-off underdeveloped country - so what? RD

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