Pfizer to shelter its massive profits from U.S. taxes by “merging” with an Irish company on Irish soil In November 2015, Pfizer, Inc. announced a $160 billion dollar deal with Ireland’s Allergan, the maker of Botox. That’s a lot of money on its way out of the U.S. economy. Along with it go billions of […]
Progressive group calls on millions of members to sign letter to Capitol Hill The phone service provider CREDO Mobile, which doubles as a progressive activism organization, sent an email to its subscribers and supporters in December 2015 asking them to sign a petition demanding that Congress do more to hold pharmaceutical corporations accountable. The email, […]
Legion of Pfizer foes grows as price, inversion critics converge The American pharmaceutical corporation Pfizer, the country’s second largest (barely edged out by Johnson & Johnson) is “maneuvering to dodge its U.S. taxes by ‘relocating’ —on paper— to Ireland, a notorious corporate tax haven,” according to the consumer protection group Fight Pharma Rip-offs, part of the […]