Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases (NIAID) and a prominent figure in America’s COVID-19 response, is facing renewed scrutiny as financial records suggest he has amassed a fortune of over $300 million since the start of the pandemic.
“Dr. Francis Collins, former NIH Director, and Dr. Tony Fauci, former NIAID Director, cashed in big time during the Covid pandemic. The two most influential Covid experts raked in 58 royalty payments as part of a sum of NIH royalties that amounted to $325 million.
Meanwhile, public health officials recommended business-crippling lockdowns that forced thousands to lose their slice of the American Dream.
Interestingly, Dr. Collins and Dr. Fauci reportedly received a total of 58 royalty payments stemming from COVID-19 vaccines developed with taxpayer dollars by private pharmaceutical companies.
OpenTheBooks, a transparency organization, recently published over 1,500 pages of unredacted documents regarding these royalty payments throughout the pandemic.
A recent investigation by the OpenTheBooks organization has revealed that over $325 million in payments were made to Dr. Anthony Fauci and Dr. Francis Collins for technology related to their work at the National Institutes of Health (NIH).
Despite multiple requests made through Freedom of Information Act (FOIA) requests, the NIH resisted disclosing these records until OpenTheBooks successfully secured 56,000 transactions.
Unfortunately, payment details and related licenses were not included in the documents.
In June 2022, Senator Rand Paul questioned Dr. Fauci about these royalty payments which had been previously kept secret from American citizens.
“The NIH continues to refuse to voluntarily divulge the names of scientists who receive royalties and from which companies over the period of time from 2010 to 2016, 27,000 royalty payments were paid to 1800 NIH employees,” Paul said. “We know that. Not because you told us, but because we forced you to tell us through the Freedom of Information Act.
“Over 193 million was given to these… 1800 employees,” Paul added. “Can you tell me that you have not received a royalty from any entity that you ever oversaw the distribution of money in research grants?”
“Well, first of all, let’s talk about royalty,” Fauci rebutted.
“No, that’s the question,” Senator Paul insisted. “Have you ever overseen, have you ever received a royalty payment from a company that you later oversaw money going to that company?”
“You know, I don’t know as a fact, but I doubt it,” Fauci responded. “I would be happy…”
“Well, here’s the thing is why don’t you let us know?” Paul replied. “Why don’t you reveal… how much you’ve gotten and from what entities, the NIH refuses. Look we asked them. We asked them the NIH. We asked them whether or not who got it and how much they refuse to tell us they sent it redacted.”
“Here’s what I want to know. It’s not just about you, everybody on the vaccine committee, have any of them ever received money from the people who make vaccines?” Paul asked. “Can you tell me that? Can you tell me if anybody on the vaccine approval committees ever receive any money from people?”
“Soundbite, number one. Are you going to let me answer a question?” Fauci objected. “Okay. So let me give you some information.”
“First of all, according to the regulations, people who receive royalties are not required to divulge them, even on their financial statement, according to the Bayh-Dole act,” Fauci said. “So let me give you some example from 2015 to 2020, I, the only royalties I have, was my lab and I made a monoclonal antibody for use in vitro reagent that had nothing to do with patients. And during that period of time, my royalties ranged from $21 a year to $700 a year. And the average per year was $191 and 46 cents.”
“It’s all redacted and you can’t get any information on the 1800 scientists,” Paul concluded before he was cut off by the chair.
But now we know that between 2010 and 2021, Fauci got 37 payments from three entities. This includes 15 from Santa Cruz Biotechnology, known for medical research products.
They rank fifth in the number of royalty payments. Fauci also received 14 from Ancell Corp., and eight from Chiron Corp., later bought by Novartis in 2006. After acquiring Chiron, Novartis obtained significant NIH funds, as noted by Just the News.
Fauci’s relationship with Chiron dates back to 2004, when they collaborated on an avian flu vaccine. By the close of his service, Fauci was the highest-paid federal worker with a 2022 salary of $480,000.
Collins, who later worked under President Joe Biden, received 21 payments from four firms between 2010 and 2018. GeneDx, a genetic research company, was responsible for 12 of these.
It had garnered a substantial sum in federal contracts since 2008. As per Just the News, Collins’ other payments came from various companies, including Quest Diagnostics’ Specialty Laboratories and Ionis Pharmaceuticals.
OpenTheBooks has highlighted the absence of the names and license numbers for each payment, data that the NIH initially withheld but was later mandated to release by a court.
This information is crucial for analyzing potential conflicts of interest or public health concerns.
The records could also shed light on a statement Fauci made to Sen. Rand Paul, where he expressed doubt about receiving royalties from entities funded by NIAID while he was in charge.
An Associated Press investigation had previously found that Fauci had accepted over $45,000 in royalties years ago for an NIH-backed experimental AIDS treatment.