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"Cost, need questioned in $433-million smallpox drug deal"
LA Times via Drudge Report ^ | 11/13/11 edition | david.williams@latimes.com

Posted on 11/12/2011 9:51:41 AM PST by austinaero

Over the last year, the Obama administration has aggressively pushed a $433-million plan to buy an experimental smallpox drug, despite uncertainty over whether it is needed or will work.

Senior officials have taken unusual steps to secure the contract for New York-based Siga Technologies Inc., whose controlling shareholder is billionaire Ronald O. Perelman, one of the world's richest men and a longtime Democratic Party donor.

(Excerpt) Read more at latimes.com ...


TOPICS: Front Page News; Government; News/Current Events; War on Terror
KEYWORDS: andystern; biodefense; biosecurity; bioweapons; chimerix; dhhs; government; latimes; nobidcontract; pandemics; perelman; ronaldperelman; seiu; siga; sigatechnologies; smallpox; stern; wmds
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Outrageous waste and payback of an Obama supporter. Wait until you read how the government "negotiator" was worried about upsetting the company, SIGA. It will make you sick!
1 posted on 11/12/2011 9:51:45 AM PST by austinaero
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To: austinaero
Wow, if these things keep cropping up I'm going to start thinking the Obama administration is corrupt, or something.

LOL

2 posted on 11/12/2011 9:54:02 AM PST by RetroSexual
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To: RetroSexual

Here’s an example from the article - “When Siga complained that contracting specialists at the Department of Health and Human Services were resisting the company’s financial demands, senior officials replaced the government’s lead negotiator for the deal, interviews and documents show.”


3 posted on 11/12/2011 9:54:38 AM PST by austinaero ((More Bark, Less Wag))
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To: austinaero

WE need to go to the public hearing in December - will try ot find info. More outrage from the article:

“In a June 2010 email, Gary Disbrow, a virologist in HHS’ biomedical unit, shared with colleagues his assessment of where the FDA stood on the smallpox drugs being developed by Siga and Chimerix, the North Carolina company: “My interpretation of their current position is that there is NO foreseeable path to licensure.”

The problem was the inherent limits of animal testing in determining whether the drugs would be safe and effective in fighting smallpox in humans. Researchers are prohibited from infecting humans with the virus.

In May of this year, Robert G. Kosko Jr., a manager in the FDA’s antiviral-products division, wrote that there was “no clear regulatory path” for approving antiviral drugs for smallpox — again because of the uncertainty surrounding proof of effectiveness.

The FDA has scheduled a public meeting in December to discuss Siga’s and Chimerix’s drugs. Siga’s contract requires it to conduct additional studies to seek the agency’s approval.

Lurie said she hoped the FDA would ultimately approve ST-246. “We would not have gone ahead with a procurement unless we thought there was a pathway,” she said.


4 posted on 11/12/2011 10:00:24 AM PST by austinaero ((More Bark, Less Wag))
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To: austinaero
Andy Stern Joins SIGA's Board of Directors

New York, New York, June 21, 2010 --

...SIGA Technologies, Inc (NASDAQ: SIGA), a company specializing in the development of pharmaceutical agents to combat bio-warfare pathogens, announced today that Andy Stern, labor leader and prominent advocate for reform, joined SIGA's board of directors.

5 posted on 11/12/2011 10:02:21 AM PST by opentalk
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To: austinaero
"Over the last year, the Obama administration has aggressively pushed a $433-million plan to buy an experimental smallpox drug, despite uncertainty over whether it is needed or will work."

What the heck is a small pox drug? We have been given small pox shots since way back when, and they work.

6 posted on 11/12/2011 10:06:23 AM PST by Spunky (Sarah Palin on Polls "Poles are for Strippers and Cross Country Skiers")
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To: opentalk
From wikipedia

...Stern is referred to as one of "the chief architects of healthcare reform" in Modern Healthcare magazine's ranking of the 100 Most Powerful People in Healthcare for 2009. Stern has been named to MH's annual "movers and shakers in healthcare" list for five years in a row.

Stern is an ardent supporter of the American Recovery and Reinvestment Act of 2009. [31] Stern has been a frequent visitor to the White House since Obama's election. Between Inauguration Day and February 23, 2011, Stern visited the White House 53 times.

Under Stern, the SEIU has poured millions into a group called Health Care for America NOW!, which set up pavilions at nearly every major health care protest in 2009, and has given the Association of Community Organizations for Reform Now nearly $6 million since 2006 –including $250,000 in 2009 –

7 posted on 11/12/2011 10:09:31 AM PST by opentalk
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To: austinaero

More money laundering from Zero and his admin.


8 posted on 11/12/2011 10:10:00 AM PST by rod1
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To: austinaero

Another Rat money laundering plan.


9 posted on 11/12/2011 10:38:51 AM PST by Lion Den Dan
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To: Spunky
Glad you posted. That is exactly what I was thinking, and I bet they were CHEAP too. Got mine as a baby, all my kids got theirs as babies. Then they stopped giving them, about the 1970's?.

WHY? is what I would like to know, it did no harm to have the inoculations, so why stop them.

Want to guess where those inoculations came from, what source, SMALLPOX virus itself. Now they say that is not safe, guess not, cause it don't cost enough.

10 posted on 11/12/2011 10:56:46 AM PST by annieokie
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To: opentalk
I see that since last June, SIGA stock has dropped 70%. I'm not an accountant, but their balance sheet doesn't look too hot, either.

After Solyndra, I began wondering if our bailout money was being deliberately targeted for bankrupt companies, to ensure it would be sufficiently squandered. I wonder it that's the case with SIGA, too.

11 posted on 11/12/2011 11:04:25 AM PST by FlyVet
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To: rod1; Berlin_Freeper; Hotlanta Mike; Silentgypsy; repubmom; HANG THE EXPENSE; Nepeta; Bikkuri; ...
Image and video hosting by TinyPic

Filed in memory bank....

12 posted on 11/12/2011 11:24:03 AM PST by LucyT
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To: austinaero

follow the moola


13 posted on 11/12/2011 11:26:57 AM PST by bgill (The Obama administration is staging a coup. Wake up, America, before it's too late.)
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To: FlyVet
When Stern left SEIU to join this company, I had a feeling it would somehow end up being tied to this administration.

He is part of a circle of corrupt people using public funds to enrich each other

Stern was the number one visitor to the White House during Obamacare push, funding from SEIU helped elect Obama, plus he was closely tied to ACORN.

14 posted on 11/12/2011 11:37:43 AM PST by opentalk
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To: annieokie

They stopped giving the vaccinations because smallpox no longer exists “in the wild”.

A contract for a smallpox drug? Half a billion dollars worth? Who on earth could it have possibly been tested on? Nobody has had smallpox for years. That passed FDA testing requirements for safety and efficacy? Impossible.


15 posted on 11/12/2011 12:02:19 PM PST by Explorer89 (And now, let the wild rumpus start!!)
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To: opentalk
70% drop since Stern joined the board tells me that investors in the know can see a deal too dirty to touch, even with the promise of big public money. Really, really dirty.

The corruption is out in the open for anyone to see. Too bad the henchmen know that the average voter won't bother to look that deep. At least, that's what they're betting on.

16 posted on 11/12/2011 12:08:07 PM PST by FlyVet
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To: austinaero
The problem was the inherent limits of animal testing in determining whether the drugs would be safe and effective in fighting smallpox in humans. Researchers are prohibited from infecting humans with the virus.

In May of this year, Robert G. Kosko Jr., a manager in the FDA’s antiviral-products division, wrote that there was “no clear regulatory path” for approving antiviral drugs for smallpox — again because of the uncertainty surrounding proof of effectiveness.

I'm all for bringing back the "discredited and inhumane" practice of offering clemency to selected death row inmates for offering themselves for testing. It is in essence a form of restitution, it is founded in repentance, and it demands an act of faith. It is quick, definitive, and statistically irrefutable.

17 posted on 11/12/2011 1:11:19 PM PST by Carry_Okie (Grovelnator Schwarzenkaiser: Fashionable fascism one charade at a time.)
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To: austinaero

I am stunned that the LA Times has this article.


18 posted on 11/12/2011 1:35:24 PM PST by BAW (No Romney.)
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To: FlyVet

Good point, including the corrupt pattern of this administration.


19 posted on 11/12/2011 1:37:39 PM PST by opentalk
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To: annieokie
Anytime you do a medical procedure no matter how minor there is a risk. This is especially true with vaccines. People have bad reactions which is why they do the "X chart". At one end it does nothing and is 100% safe because it does nothing at the other end the patient is immune but dead. You want to find the point where those two lines intersect. It leaves the maximum amount of immunity with the minimum amount of acceptable risk.

How large acceptable risk is depends on the death rate of the virus, (Does it kill nine in ten or one in ten million) and how likely it is that you will come in contact with it.

In the case of the smallpox vaccine you had one change in one hundred thousand of having a life threatening reaction and a two in a million chance of dying. That is really good odds except if there is no chance of you catching the virus in the wild. In which case it is easy to argue that you killed them for no reason.

That is the reason they stopped giving the vaccine.

20 posted on 11/12/2011 1:49:03 PM PST by Harmless Teddy Bear (*Philosophy lesson 117-22b: Anyone who demands to be respected is undeserving of it.*)
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