BigPharma Shielded from Product Liability
The American taxpayer is expected to shoulder a major portion of the risk for BigPharma in developing vaccines while those multi-national corporations stand to reap $Billions in profits. The 2005 Public Readiness and Emergency Preparedness Act (PREPA) signed by President Bush put in place a tort liability shield intended to protect vaccine manufacturers from financial risk in the event of a declared public health emergency. PREPA removes financial risk barriers for any new vaccines and provides liability protections for drug … Continue reading →