
08:33 ETDrugwatch Investigation Reveals Big Pharma Profits Continue to Outpace Billions in Legal Penalties

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A Drugwatch investigation reveals that pharmaceutical companies prioritize profits over patient safety, with $62 billion in legal penalties from 1991 to 2021 against $1.9 trillion in net income. This indicates a $1 penalty for every $31 profit, suggesting legal consequences are merely a cost of doing business. The report highlights that critical safety information often emerges through litigation rather than regulatory oversight, raising concerns about drug approval processes. The opioid crisis is cited as a case study, revealing undisclosed data only made public through legal action. A companion podcast discusses these findings further.
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