meta_pixel
Tapesearch Logo
Log in
Novara Media

Downstream: Big Pharma’s Secrets w/ Nick Dearden

Novara Media

Novara Media

Philosophy, News, Politics, Society & Culture

4.81.5K Ratings

🗓️ 25 September 2023

⏱️ 79 minutes

🧾️ Download transcript

Summary

Nick Dearden has been an economic justice campaigner for over 20 years, and his attention was on the pharmaceutical industry when Covid-19 hit. But as the world began to sing the praises of pharmaceutical companies, Nick saw an unprecedented PR coup. Giant corporations capitalised on the crisis, tightening their stranglehold over the health of the poor.

Nick sat down with Aaron Bastani to explain how ‘Big Pharma’ is run like a hedge fund, why the contracts between the government and Pfizer were redacted, and who’s scrambling to patent magic mushrooms.

Help us build people-powered: http://novara.media/support

Transcript

Click on a timestamp to play from that location

0:00.0

Support independent journalism and set up a regular donation to Navara Media from just

0:04.8

£1 a month, head to Navara.media-forward-slash-support.

0:16.9

There's one reading of COVID, which is it confirmed the importance of big pharmaceutical companies

0:23.3

that without those companies so frequently derided and bashed by the likes of

0:27.8

me and the rest of us at Navara Media, we would have been in big trouble and the fact we had

0:33.6

vaccines as quickly as we did to COVID-19 reflected that in fact they know a lot more about how to do

0:40.8

this than the rest of us. We should just shut up basically. But what if that was in fact a

0:46.9

marketing coup? What if that interpretation of the last several years was spin and a success

0:54.1

of public relations? What if big pharma more than just failing to uphold the levels of innovation

1:02.3

we might expect? More than just failing to see accelerating improvements in progress,

1:07.9

they're actually holding innovation back and suppressing access to life-saving medicines

1:15.6

for some of the poorest people in the world. Well that's the contention of today's guest.

1:21.0

Nick Didden is the director of Global Justice now and the author of a new book, Pharma Nomics.

1:27.0

Nick Didden, welcome to Downstreet. Thank you. Before we talk about your book,

1:31.6

tell our listeners our viewers who you are. Why are we talking to you? What's your profile? Why are

1:37.3

you an authority on the issue of development healthcare, the Global South? So I work at an

1:42.2

organisation called Global Justice now. We're a campaign organisation. We work in solidarity with

1:46.4

groups from the Global South and for the last six years. We've been working on reform of the

1:51.1

pharmaceutical sector and we happen to be working on it when a major pandemic broke out, which

1:56.8

highlighted a lot of the stuff that we've been talking about. So we're going to be using the words

2:00.9

big pharma. A lot of people hear big ears on the here. Big tech. Big this, big that. I saw

2:10.0

Tom Howard the other day talk about the RSPB being an impediment to growth. I said you can call

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Novara Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Novara Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.