Commentary

Vaccine Miracle: U.S. Pharma Naturally Leads the Way

By Timothy H. Lee
Thursday, November 12 2020

This week, American pharmaceutical innovators delivered a new miracle of human ingenuity: Less than twelve months since the coronavirus arrived, Pfizer Inc. announced a vaccine exceeding 90% effectiveness. It shouldn’t surprise anyone that the private U.S. pharmaceutical sector led the way in bringing that miracle to the world, just as it has for decades. As we’ve often highlighted – but which cannot be emphasized enough – the U.S. accounts for fully two-thirds of all new drugs introduced to the world, even though we’re just 4% of the world’s…

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Notable Quote

"Earlier this week, a federal judge made a shocking charge: Larry Krasner, Philadelphia's district attorney for nearly a decade, may be guilty of 'perjury, conspiracy, or obstruction of justice.' Judge Paul Diamond referred Krasner and one of his top deputies, Matthew Stiegler, to the U.S. Attorney's Office to investigate potential federal crimes.Krasner is one of the nation's most high-profile "progressive…[more]

— Charles Fain Lehman, City Journal

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