After I went through checkout at the grocery store this afternoon, I passed by the newsstand and glanced at the front pages of the papers, as is my wont. My eye was caught by the following headline from Investor’s Business Daily:
How These Biotech Players Could Help Treat Covid-Fueled Depression
I’m not sure why, but it brought to mind the old joke about the man who went on trial for murdering both his parents, and then begged the court for leniency due to his being an orphan.
Below are excerpts from the article:
As a microscopic virus brought the world to its knees in 2020, a long-simmering mental health crisis erupted. Skyrocketing rates of depression and anxiety exposed a glaring void: The current suite of depression treatments doesn’t fit many patients.
A group of biotech stocks including Biogen (BIIB) and Sage Therapeutics (SAGE) could change that as soon as this year.
Psychiatrists have noted the shortfall before, but the coronavirus pandemic put it front and center. By some accounts, rates of depression and anxiety climbed at least threefold as the world struggled to contain personal and societal risks. Some experts see the pandemic as a “triggering event” that ballooned the number of depression patients into the tens of millions. Meanwhile, too few doctors could take on the sudden influx of patients.
The seismic shift opened the window for biotech stocks that began testing new approaches to depression years ago. This group of mostly small companies includes behemoth Biogen, teamed up with Sage Therapeutics, on what could be the fastest-acting depression drug to hit the market. The effort has yet to boost Biogen stock or Sage stock, but the two expect to finish submitting their application for approval this year.
Lesser-known names are pursuing other approaches that could shake the decadeslong hold on the market by traditional depression treatments like Prozac and Zoloft. One company, Axsome Therapeutics (AXSM), already has submitted a new type of depression drug to regulators and could win approval any day.
“While depression and brain health issues were a problem prior to the Covid pandemic, Covid has certainly exacerbated the issue and has created a three(fold) to fourfold increase in the amount of depression in the world,” Sage Chief Executive Barry Greene told Investor’s Business Daily. “We really are in a brain health pandemic.”
[…]
Biotech stocks hope to make a difference. The company that gets it right could benefit with a piece of what Wedbush’s Chico sees as a $16 billion to $18 billion opportunity over the next five years. Research firm Emergen Research says the depression treatment market could hit $16.1 billion by 2027. [emphasis added]
So after the pharmaceutical industry partnered with Fauci et al. to help give the world a shove into the Covid ditch, it made untold billions from selling “vaccines” to world governments, which did untold damage to the vaxed in addition to the damage already wrought by the disease itself, and the insane official response to it.
And now the pharmaceutical industry stands to make billions and billions more by marketing new treatments for depression caused by the Coronamadness.
What a racket!
I wish I were skilled in the fine art of sussing out the ownership of corporations. I’d love to know who holds a controlling interest in Biogen and Sage Therapeutics and all the others. Do you have to track it all the way back to Vanguard and/or Blackrock? Or does Pfizer have its snout in there somewhere further down the chain?
Asking for a friend.
He looks like a cross of Wierd Al Yankovic and John Cleese.
Well, he’s a Monty Python guy, but not Cleese. I think it’s Michael Palin.
correct
https://www.dailymotion.com/video/xcl8qr
I had long forgotten that hat I had copied from the Gumby skit. I think it was during the blizzard of 78 and we couldn’t go anywhere for a couple of weeks. I not only made the hat but had the act. That was remembered for years by my brothers.
Maybe some new people to take on Monty Python’s mantle, mocking some of these CEO’s and bureaucrats would help with someone’s depression.
Don’t be demoralized, cheerful nihilism.
Burning it all down is a feature and not a bug.
Honk, honk!
Blaming the victims is always the path all these Mass-murderes and their little MSM helpers are taking.
And still, the “good” citizens – who initially make bad human beings – will follow any folly that comes out of their mouth.
Any man can make a mistake, only a fool keeps making the same one over and over.
All these ideological, greed driven Global Organizations are nothing more than the slavers shackle on the stride of Man-kind and need to be destroyed utterly, otherwise there’ll be never any real Freedom for humanity.
Unfortunately most people seem to think that unlimited Consumerism is Freedom.
“Men are most apt to believe what they least understand” >Michel de Montaigne (1533 – 1592)<
United Spot on YouTube does a good job of satirising the current US gang in charge of things.
If you haven’t seen any of their short videos, they are to be recommended. Very witty, very cruel. But well deserved and accurate.
In response to Big Pharma’s continued efforts to reprogram humanity so that it will comply with the Elite’s designs I will quote Steppenwolf’s lyrics that were written in a jail cell, “Goddam the Pusher Man.”
You do realize that Steppenwolf of old is the destroyer of worlds right?
Well, living here in London, I found the lockdowns depressing for several reasons (in no particular order):
1) I’m just south of the centre: from the street, I can see the flag on the Houses of Parliament; my beloved is far to the north (Southgate, for those who know the city). In the first lockdown, it was decreed that couples not living together should do so, which was impractical for various reasons, including such mundane activities as picking up (non-digital) mail. We took to subterfuge, using the “overground” trains which were quieter and had fewer staff, rather than the tube, but took longer. I even carried my stuff in a shopping trolley (the kind you take home- not sure what it is called in other countries) rather than a shoulder bag or suitcase. Relatively minor, but definitely inclining one to paranoia.
2) My “job” as an unpaid volunteer, past retirement age, in a charity shop disappeared for months on end; this is so important to my sense of worth and usefulness.
3) When I travelled into the centre, which I always enjoy despite traffic jams etc, to meet a friend- even when the pubs were closed- it was like a ghost town; so many local people furloughed, working from home, or no longer working- and no tourists! We Londoners may sometimes curse them for strolling along the pavements (or sidewalks- I do translations into US English!) but it’s so lovely to see them back again.
Maybe I should have sought relief from the pharmaceutical industry, but my (more or less destructive?) reaction (to these, and other problems) has been to drink and smoke more than before. Not looking for sympathy- I have good friends and family.
Apologies, that was self-pitying.