"Merck stock surged 10% Friday after it said its investigational pill cuts the risk of hospitalization and death in COVID-19 patients...The pill reduced the risk of hospitalization or death by about 50%,” Merck and its partner, Ridgeback Biotherapeutics, said in a statement Friday.
"This is a phenomenal result. This is a profound game-changer to have an oral pill that had this kind of effect, this magnitude of effect in patients who are at high risk who are already symptomatic," former FDA Commissioner Scott Gottlieb said Friday on CNBC about results of the interim analysis.
"Meanwhile, shares of COVID vaccine makers Pfizer and Moderna fell 2.5% and 10%, respectively."
This puts Dr. Scott Gottlieb between a rock and a hard place.
On the one hand, as a member of Pfizer's Board of Directors, he is paid handsomely to attend a few board meetings per year, yet on the other hand, he must not be too glowing in his praise of the antiviral, which might lead people away from the Pfizer vaccine. Moreover, it could affect sales just as it has already dropped the stock price.
In 2020, Gottlieb was paid $338,587 by Pfizer. In 2020, he also earned $525,850 as a director of Illumina. Due to his former FDA Chief status, Gottlieb is in high demand as one word of favor from him can send a stock price soaring.
He has served on multiple other boards, including Tempus Labs, National Resilience, and the Mount Sinai Health System. It must be a daunting task to walk the line by promoting one corporate interest while not offending any of the others.
But the good news is that soon, Pfizer, too, will be peddling their antiviral drug, which should make up for any drop in their vaccine sales.
Roche and Atea are not far behind with their antiviral pills, and soon all of Big Pharma can get in on the action. They have timed it perfectly.
While shutting down any competition from repurposed drugs like HCQ or Ivermectin, they deftly rolled out the vaccines first, making sure not to confuse the consumer with antiviral pills that would only be allowed AFTER the majority of the population had been vaccinated.
The one glitch is that Merck's Molnupiravir only surfaced AFTER a prominent scandal involving Merck lying three times.
read more:
https://www.zerohedge.com/covid-19/ivermectin-truth-totalitarianism
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