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Friday, June 04, 2010

Big Pharma Blackmails Greece; Halts Medicine Supply Over Cash Demands

In the midst of runaway economic problem in Greece, the pharmaceutical industry has decided to blackmail the nation and halt shipments of medicines to Greece until it agrees to pay full price for the drugs. In order to cut costs during its severe debt crisis, Greece had announced it would pay drug companies 25 percent less for their products, but this loss of profit was enough to convince several pharmaceutical companies supplying key drugs to the country to initiate their own medical blockade where they simply refuse to deliver any more medicines.

In doing this, Big Pharma shows its true character. When the profits are flowing and the companies are raking in full-price profits, they're you're best friend. But when budgets get tight and everybody is asked to take a cut, Big Pharma betrays your country and its citizens, withholding medicines in a thinly-veiled blackmail attempt to force you to cough up more cash.'

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