IPFS News Link • Corruption
Fauci, Collins Bagged 58 Royalty Payments Amid $325 Million Collected By NIH
• https://www.zerohedge.com, by Tyler DurdenOn Wednesday, the organization published more than 1500 pages of unredacted records revealing which companies were involved, and which NIH scientists were paid for inventions. The release came after a Freedom of Information Act (FOIA) battle with the NIH, reports Just the News.
The 56,000 transactions add up to more than $325 million, according to OpenTheBooks, though the individual amounts for each payment and corresponding license are not listed in the records.
Fauci received 37 payments from three companies between 2010-2021: 15 from Santa Cruz Biotechnology, which creates products for medical research including antibodies and made the fifth-most payments in the royalty database; 14 from Ancell Corp., which produces immunology tolls; and eight from Chiron Corp., acquired by Novartis in 2006. -JTN
According to the report, Novartis has received some $17 million in NIH contract payments and $15 million in NIH grants since the acquisition of Chiron. In 2004, Fauci's NIAID had a contract with the company to develop an avian influenza vaccine.
Collins, meanwhile, who stepped down as NIH director at the end of 2021 before serving as President Joe Biden's COVID-19 czar, received 21 payments from four companies between 2010 and 2018. Twelve of them came from GeneDX, which received $5 million in federal contract payments - mostly from NIH - since 2008.
Quest Diagnostics' Specialty Laboratories, a biological testing company, made four payments to Collins. He received four more from Ionis Pharmaceuticals, originally named ISIS, which develops RNA-targeted therapeutics. The last entity to pay Collins was the Progeria Research Foundation - a nonprofit which does research for congenital disorders.
According to OpenTheBooks, obtaining the full names and license numbers for each payment - which the NIH had originally redacted until a court forced them to unredact - was crucial for "scrutinizing these records for potential conflicts of interest or public health risks."