NewsNational institutes of health under scrutiny for pandemic royalties

National institutes of health under scrutiny for pandemic royalties

Data from the National Institutes of Health shows that the agency and its scientists collected as much as £570 million during the pandemic over two years. This is a shocking amount. Until now, the institute concealed this, but now director Anthony Fauci, one of the leading infectious disease experts, will have to explain.

Anthony Fauci is the director of the National Institute of Health.
Anthony Fauci is the director of the National Institute of Health.
Images source: © Getty Images | Drew Angerer
Mateusz Kaluga

3 June 2024 07:17

The coronavirus pandemic cost many lives. According to data from mid-2023, as many as 7 million people might have died from COVID-19. It is widely believed that the virus first appeared in November 2019 at a food market in Wuhan, China, and after a few months, it reached Europe and North America. Many countries closed themselves in fear of the pandemic's spread. The vaccines were the salvation.

According to the New York Post, the National Institutes of Health earned at least £570 million in royalties. Earnings came from payments made by private companies, such as pharmaceutical firms, to license medical innovations. This only pertains to the period from the end of 2021 to 2023.

Almost the entire amount, £554 million, went to the National Institute of Allergy and Infectious Diseases, headed by Dr. Anthony Fauci and 260 of his scientists. The portal notes that during the pandemic, there was more than a twofold increase in the flow of money from the NIH to the private sector, which even amounts to £810 million.

Coronavirus pandemic. The secret of the American institute

It is currently unknown whether the figures include royalty fees from vaccines from Pfizer and Moderna, American pharmaceutical companies that were the first to deliver vaccines.

The New York Post notes that Dr. Fauci testified before the House of Representatives Subcommittee on the Pandemic. The portal claims that "he’s spent years scoffing at questions about potential conflicts of interest between COVID policymakers, who relentlessly pushed vaccines, and recipients of private royalties".

The New York Post adds that the NIH is hiding vital information. The institute does not want to disclose the fees paid to each scientist.

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