False: Dr. Fauci gains profits from pharmaceutical companies.

By: Rashmi S
December 20 2021

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Dr. Anthony Fauci has been the subject of several conspiracy theories. There is no evidence that pharmaceutical companies compensated him.Dr. Anthony Fauci has been a leading figure in the fight against COVID-19. During President Donald Trump's presidency, he was a White House Coronavirus Task Force member. President Joe Biden now has Dr. Fauci as his primary medical adviser. There has been a slew of conspiracy theories surrounding COVID-19 since the outbreak began. Dr. Fauci has been the subject of specific conspiracy theories. These assertions are untrue. There is no proof that pharmaceutical companies compensated Dr. Fauci. Dr. Fauci was named director of the National Institute of Allergy and Infectious Diseases in 1984, with responsibility for an extensive portfolio of basic and applied research aimed at preventing, diagnosing, and treating both recognized infectious diseases such as HIV/AIDS, respiratory infections, diarrheal diseases, tuberculosis, and malaria, as well as emerging diseases such as Ebola and Zika. Transplantation and immune-related diseases such as autoimmune disorders, asthma, and allergies are also funded by the National Institute of Allergy and Infectious Diseases (NIAID). The U.S. Centers for Disease Control and Prevention (CDC) stated that vaccines were paid for with taxpayer dollars and will be given free of charge to all people living in the United States, regardless of insurance or immigration status. Vaccination providers can seek appropriate reimbursement from the recipient’s plan or program (e.g., private health insurance, Medicare, Medicaid) for a vaccine administration fee. However, providers cannot charge the vaccine recipient the balance of the bill. There are no credible news stories of Dr. Fauci ever gaining profits from vaccines. According to Nature, during the COVID-19 outbreak, conspiracy theorists used the provisional nature of scientific consensus and the facts of how science is conducted to misrepresent scientists and public health experts. Pharmaceutical corporations profit from government-funded research. Conspiracy theories are created by combining undisputed facts about ongoing activities in the government, philanthropic institutions, and biopharmaceutical companies.