From ChildrensHealthDefensee.org…
President Biden on Tuesday announced a new “Test to Treat” initiative during his State of the Union address which will allow Americans who test positive for COVID-19 at a pharmacy to obtain free antiviral pills “on the spot.”
Biden said the new initiative is a key part of a revamped national strategy to return the country to normal.
But what he didn’t say is that the initiative is also a windfall for pharmaceutical companies like Pfizer and Merck.
Pfizer stands to make $54 billion in sales from its vaccine and antiviral COVID pill, Paxlovid. Merck expects to make up to $7 billion in profits from molnupiravir, a drug whose research and development was funded by taxpayers.
Biden said he ordered “millions of pills” from Pfizer, paid for by U.S. tax dollars, to allow them to be passed out “for free.”