The pharmaceutical giant, Pfizer, is using Semafor to brag about its generosity abroad as it hikes U.S. drug prices.
by Andrew Perez, The Lever
Pfizer recently made headlines for hiking prices on roughly 100 drugs in the United States, shortly after the company announced plans to quadruple the price of its COVID-19 vaccine. Now, the pharmaceutical giant is paying news outlets to tell a different story — a fawning tale about how the company has been altruistically working to expand access to its products overseas.
On Tuesday, the news website Semafor ran a sponsored post from Pfizer bragging about the drugmaker’s efforts to “increase access to health care innovation” in low-income countries. Pfizer has also sponsored Semafor’s D.C.-focused “Principals” newsletter for Washington insiders in recent days. Next week, The Hill will host an event sponsored by Pfizer entitled “Expanding Adult Vaccine Access,” which will feature several D.C. lawmakers and a top federal health care regulator.
The Pfizer sponsorships are just the latest examples of how, when the news coverage gets rough, big businesses can pay corporate media to change the narrative and run counter-programming — with the hope that policymakers and consumers will be sufficiently distracted from the stories that really matter.
Recent Posts
Nobel-Winning Economist Calls For Climate Tax On Billionaires
April 29, 2024
Take Action Now And she called for the money to be sent directly to the world’s most climate-vulnerable people. by Arielle Samuelson, Heated……
Backroom Dealing Is Driving Right-Wing Abortion Bans
April 29, 2024
Take Action Now As state supreme courts consolidate power and corporate money, shoddy oversight allows justices to hide their financial conflicts of…
Students Beat The Bold Marauder — Ceasefire Summer, Education Summer, Freedom Summer, Or Liberation Summer?
April 29, 2024
Take Action Now With summer approaching, what will happen to the current encampments that seek an end to ties to genocide? By Michael Albert The…
Debt Dollars – The Unused Leverage
April 29, 2024
Take Action Now U.S. Treasuries are debt securities issued by the U.S. Department of the Treasury (USDT), the national treasury and finance…