Doctors Are Cashing In On Ozempic Prescriptions & Meta Challenges FTC Over Selling Child Data

A major new report has revealed that the drug makers behind Ozempic and Wegovy are doling out huge sums of money to doctors to get them to increase their prescriptions. Then, Facebook’s parent company Meta wants to sell your child’s data to the highest bidder, and they are prepared to go to court to fight an order that says they aren’t allowed to do that. Mike Papantonio & Farron Cousins discuss more.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

A major new report has revealed that the drug makers behind Ozempic and Wegovy are doling out huge sums of cash to doctors to get 'em to increase their prescriptions. This comes as more and more side effects of the weight loss drugs become evident, and it's getting worse. It's not getting better. This is like deja vu of the opioid case that we just, our firm handled. We were the lead people in that lawsuit. But we saw the same thing. We saw these doctors who could be bought, I mean, basically prostitute themselves. That's what they were. Pay me enough money and I'll go out and say whatever you want me to say. These doctors that look like they're from Harvard and Yale and Wake Forest all over the country, that they pay 'em enough money and they'll go out and say whatever the hell the company wants said. We saw that with opioids. We see it all the time. Right?

Yeah. And it's even more like opioid case than people realize, because with opioids, what the companies were doing is they were targeting these pain management clinics where every day the doctors dealt with nothing but people who came in with pain. And what better way? Like, hey, you got pain. Here's an opiate. And with the Wegovy and Ozempic, these drug makers are targeting these weight loss clinics where the doctors specialize in those kinds of prescriptions. So it's like shooting fish in a barrel for these people. So it's not just your little down the street doctor that you go to when you have a cold. It's these almost factory farm doctors that just get people on one specific issue.

Yeah. Novo is spending upward above $25 million, $30 million to go buy these people. That's what they're doing. They're just, it'ss the equivalent of going out and purchasing a little poodle. I really like this poodle and that's what they are. They're prostitute poodles, I guess is what you'd call 'em. And they'll say whatever has to be said, they'll make up whatever kind of literature. The company will say, hey, we have this that we wrote. Would you sign it? Yeah, I'll sign it. They're called key opinion leaders. And then they show up and they have this thing that's created by the industry. They put their name on it, and for a million dollars, these guys are going, well, hell yeah, we'll do that. But when you're spending that kinda money, there is no shame, is there?

No. And what happens in many of these cases, like for example, Reuters pointed out, there's one doctor that's taken personally over a million dollars from this group. And he runs a massive weight loss clinic. And what they've done is they say, hey, listen, there's a big symposium coming up. A lot of other weight loss doctors are gonna be there. We want you to be the keynote speaker. We're gonna pay you tens of thousands of dollars just to speak.

And they sponsor that event.

Right. And all your meals are covered. We've got you in this beautiful luxury resort. This one's in Chicago. The next one will be in Hawaii. Just promising all these great things, tons of money. Oh, and by the way, your speech is already written because we've taken the liberty using your own data, and of course, some of our own to tout our product. And these doctors, because they have no conscience, no scruples, they jump at it and say, absolutely. Honey, pack the bags. We're going outta town for a week.

Well, actually, one of the doctors, Ryan, RYAN, said, there's nothing wrong with money. Look, we give a Nobel Prize in economics, right? So money can really help. It can help promote the good of the world. People are getting sick and this freak who gets paid enough money to say this is willing to say it.