Morning Briefing
Summaries of health policy coverage from major news organizations
Drug Investments Under Fire Over Possible Conflicts Of Interest
The Washington Post: Moncef Slaoui Is Allowed To Maintain Drug Investments Under An Inspector General Decision
The co-director of President Trump’s Operation Warp Speed can maintain extensive investments in the drug industry and avoid ethics disclosures while he continues to make decisions about government contracts for promising coronavirus vaccines under a decision this week by the Health and Human Services inspector general. Monday’s ruling by the Office of Inspector General came in response to a complaint filed by the advocacy groups Public Citizen and Lower Drug Prices Now. The groups said the Trump administration has carved out an improper exception to federal conflict of interest rules for Moncef Slaoui, a venture capital executive and former high-ranking official at drug giant GlaxoSmithKline. (Rowland, 7/14)
ProPublica: How McKinsey Is Making $100 Million (And Counting) Advising On The Government’s Bumbling Coronavirus Response
In a matter of weeks, McKinsey had extracted a total of $40.6 million in no-bid contracts out of its initial agreement with one federal agency. The firm has continued to scoop up COVID-19-related contracts for various governments since then. Altogether, in the four months since the pandemic started, the firm has been awarded work for state, city and federal agencies worth well over $100 million — and counting. (MacDougall, 7/15)
Politico: Vaccine-Makers’ ‘No Profit’ Pledge Stirs Doubts In Congress
Some of the pharmaceutical companies developing Covid-19 vaccine candidates have pledged to not take a profit. But neither the companies nor the U.S. government bankrolling a great deal of the vaccine research has defined precisely what forgoing a profit means or how long that will last. And that’s feeding skepticism and uncertainty among industry watchers and doubts in Congress about who will end up paying what could be a very large tab. “A drug company’s claim that it’s providing a vaccine at cost should be viewed with the same skepticism as that by a used car salesperson,” Rep. Lloyd Doggett (D-Texas), a leading critic of the industry in Congress, told POLITICO in an email. (Brennan, 7/13)
