COVID vaccines offer the pharma industry a once-in-a-generation opportunity to reset its reputation. But it’s after decades of big profits and scandals

Mon, 9 Aug 2021 05:14:25 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://theconversation.com/covid-vaccines-offer-the-pharma-industry-a-once-in-a-generation-opportunity-to-reset-its-reputation-but-its-after-decades-of-big-profits-and-scandals-165082>

"Just weeks before the first COVID-19 cases emerged, Gallup published its
latest poll on America’s views about business. At the bottom of the list of 25
sectors was the pharmaceutical industry. Below advertising. Below oil and gas.
Below the banks.

The pandemic and the new vaccines have of course turned that reputation around,
but let’s not forget why the pharmaceutical industry’s credibility sank so low.

Or how the industry got so big. One company, Johnson & Johnson, is currently
worth around US$450 billion. About the same as the economy of Norway."

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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