US National Institutes of Health faces scrutiny over $710 million in royalties
Data from the National Institutes of Health shows that the agency and its scientists collected as much as $710 million over two years during the pandemic. This is a shocking amount. Until now, the institute concealed this, but now director Anthony Fauci, one of the leading infectious disease experts, will have to explain.
The coronavirus pandemic cost many lives. According to data from mid-2023, as many as 7 million people might have died from COVID-19. It is widely believed that the virus first appeared in November 2019 at a food market in Wuhan, China, and after a few months, it reached Europe and North America. Many countries closed themselves in fear of the pandemic's spread. The vaccines were the salvation.
According to the New York Post, the National Institutes of Health earned at least $710 million in royalties. These earnings came from payments made by private companies, such as pharmaceutical firms, to license medical innovations. This only pertains to the period from the end of 2021 to the end of 2023.
Almost the entire amount, $690 million, went to the National Institute of Allergy and Infectious Diseases, headed by Dr. Anthony Fauci, and 260 of his scientists. The portal notes that during the pandemic, there was more than a twofold increase in the flow of money from the NIH to the private sector. This even amounts to $1 billion.
Coronavirus pandemic. The secret of the American institute
It is currently unknown whether the figures include royalty fees from vaccines from Pfizer and Moderna, American pharmaceutical companies that were the first to deliver vaccines.
The New York Post notes that Dr. Fauci testified before the House of Representatives Subcommittee on the Pandemic. - For years he mocked questions about potential conflicts of interest between COVID policy decision-makers, who relentlessly pushed for vaccines, and the recipients of private royalties - the portal claims.
The New York Post adds that the NIH is hiding many important pieces of information. The institute does not want to disclose the amount of fees paid to each scientist.
