pharmaceutical industry

People over profits: Make COVID-19 medicines and vaccines free and fair for all

Blog by Robert Silverman and Nicholas Lusiani

15 June 2020

Big Pharma — long-blasted for gouging prices, avoiding taxes, and rigging the political process to maximize profits — has emerged as key players in the race to bring an end to the COVID-19 crisis. Who gets access to lifesaving medicines and vaccines — and when — will determine who lives and who dies.
Governments must back WHO call to share vaccine information: Oxfam

29 May 2020

“The pharmaceutical industry’s attempt to rubbish the World Health Organisation’s initiative suggests that they care more for profits than people’s health," said Anna Marriott, Health Policy Manager for Oxfam, in response to the World Health Organisation’s call for governments to back a voluntary scheme to share trial data and patents relating to vaccines and treatments for the coronavirus.
$10 billion raised to fund development of coronavirus vaccine

26 May 2020

Oxfam reaction to the announcement by the European Commission that $10.4 billion had been raised to fund the research and development of vaccines, treatments and tests for the coronavirus.
Vaccinating poorest half of humanity against coronavirus could cost less than four month’s big pharma profits

14 May 2020

Vaccinating the poorest half of humanity —3.7 billion people— against coronavirus could cost less than what the ten biggest pharmaceutical companies make in four months, Oxfam said today.
Hazardous to your health

8 April 2019

Amid growing concern that the pharmaceutical industry’s pricing, tax and lobbying practices are undermining the health of millions of people in the US and across the globe, this briefing presents new findings on how the biggest corporate tax cut in a generation has benefited four of America’s pharmaceutical giants.
Drug companies cheating countries out of billions in tax revenues

17 September 2018

The world’s biggest pharmaceutical companies appear to be dodging an estimated $3.8 billion in tax per year across 16 countries, reveals a new report from Oxfam today.