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Not solely does the NIH distribute billions in funding for analysis and growth and different actions around the globe, however the NIH and a few of its workers additionally obtain thousands and thousands in royalties for being labeled as co-inventors.
Adam Andrzejewski at Open The Books reviews on his latest analysis into funds to the NIH.
Final yr, the Nationwide Institutes of Well being – Anthony Fauci’s employer – doled out $30 billion in authorities grants to roughly 56,000 recipients. That largess of taxpayer cash buys lots of favor and clout inside the scientific, analysis, and healthcare industries.
Nonetheless, in our breaking investigation, we discovered lots of of thousands and thousands of {dollars} in funds additionally move the opposite manner. These are royalty funds from third-party payers (suppose pharmaceutical firms) again to the NIH and particular person NIH scientists.
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We estimate that between fiscal years 2010 and 2020, greater than $350 million in royalties have been paid by third-parties to the company and NIH scientists – who’re credited as co-inventors.
As a result of these funds enrich the company and its scientists, each royalty cost might be a possible battle of curiosity and wishes disclosure.
We knew manner again in April of 2020 that Dr. Fauci and the Gates Basis would make billions on a COVID vaccine. Bobby Kennedy, Jr. was saying this at the moment. This was earlier than he wrote his e book on ‘The Actual Dr. Fauci’.
Bobby Kennedy Jr. Claims Dr. Fauci and Gates Basis Will Make Billions on Coronavirus Vaccine
Open The Books addresses the challenges they’ve had acquiring revenue and royalty-related data on authorities workers within the Federal Authorities.
It’s been a battle to get any helpful data out of the company on its royalty funds. NIH is appearing like royalty funds are a state secret. (They’re not, or shouldn’t be!)
Think about how NIH is utilizing taxpayer cash to attempt to maintain taxpayers ignorant and in the dead of night:
1. NIH defied the federal Freedom of Data Act legislation and refused to even acknowledge our open information request for the royalty funds. We filed our FOIA final September.
2. NIH used costly taxpayer-funded litigation to slow-walk royalty disclosures (releasing the oldest royalties first). Though the company admits to holding 3,000 pages, it would take ten months to supply them (300 pages per thirty days). With Judicial Watch as our legal professionals, we sued NIH in federal court docket final October.
3. NIH is closely redacting key data on the royalty funds. For instance, the company erased 1. the cost quantity, and, 2. who paid it! This makes the court-mandated manufacturing just about nugatory, regardless of our use of the most recent forensic auditing instruments.
NIH is actually telling you, the taxpayer, to pay up and shut up. They’ll run issues. They’ve forgotten that they work on behalf of the American individuals.
See extra on the hyperlink above.
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