The New York Times (correctly) reports that a COVID pill is needed, not just a vaccine. But the paper also tells this story in its typically biased manner, implying that the government, not drug companies, discover drugs. It's a bunch of nonsense that dates back to... forever.
In 2017, more than 72,000 Americans died from drug overdoses. That's a staggering number -- almost double the number of car crash fatalities and nearly quadruple the number of homicides. Most drug overdoses involved some type of opioid. The dominant media narrative is that unscrupulous pharmaceutical companies and careless doctors are to blame. But this is only one part of a multifaceted problem, and a rather skewed perspective at that. The reality is that recreational drug users are driving the crisis, not pain patients. To understand how we arrive at that conclusion, a brief history of the opioid crisis is in order.
Mergers may be a great business decision, but they may not be great for society. If the European Union is not distracted by politics and anti-GMO activists – and if it's able to focus solely on the economic pros and cons of a merger – it is engaging in appropriate regulatory oversight. (But that's a big "if.")