Pharmaceutical Phuckery at it's Phinest!
32 2017-05-28 by [deleted]
The pharmaceutical company NewLink developed a pancreatic cancer vaccine which was demonstrated to be ineffective in the second phase of development.
NewLink pushed it through to the third phase of development regardless of evidence the vaccine wasn't useful, and continued to hype their failed product to shareholders while at the same time selling off shares for a total of $39.9 million in the lead-up to the news release of the failure.
This incident is just one small facet of the widespread corruption endemic to the pharmaceutical industry.
4 comments
n/a chornu 2017-05-28
In case anyone wants a more law-focused view of it
This is super interesting and I haven't heard about this before, thanks OP.
n/a dukey 2017-05-28
Vaccines do not need real control groups. Control groups are allowed to be other vaccines, experimental vaccines, or vaccine adjuvants. Also do vaccines need to work? Who knows if this years flu shot will do anything. It's a surprise!
n/a Eurotrashie 2017-05-28
Good to see our federal and state regulators are on top of things. /s