Coronavirus Czar Dr. Anthony Fauci and former National Institutes of Health Director Francis Collins raked in more than $350 million in secret “royalty” payments from drug companies over a 10-year period, according to a new watchdog report.
The report from Open The Books revealed that Fauci and Collins received 23 and 14 secret payments, respectively, between 2010 and 2020 for being “co-inventors” of various treatments and pharmaceutical products. Their relationship with these drug companies in developing these products is problematic since the NIH works with the Food and Drug Administration to grant them approval, the watchdog explained.
“Because those payments enrich the agency and its scientists, each and every royalty payment could be a potential conflict of interest and needs disclosure,” the group’s CEO Adam Andrzejewski said in a statement.
“NIH is a revolving door of tens of billions of dollars in government grant-making coupled with hundreds of millions of dollars in private – non-transparent – royalty payments.”