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History of the American Medical Association and its pharmaceutical interests
In the early half of the 20th century, petrochemical giants organized a coup on the medical research facilities, hospitals and universities. The Rockefeller family sponsored research and donated sums to universities and medical schools which had drug based research. They further extended this policy to foreign universities and medical schools where research was drug based through their "International Education Board". Establishments and research which were were not drug based were refused funding and soon dissolved in favor of the lucrative pharmaceutical industry. In 1939 a "Drug Trust" alliance was formed by the Rockefeller empire and the German chemical company I.G. Farben (Bayer). After World War II, I.G. Farben was dismantled but later emerged as separate corporations within the alliance. Well known companies included General Mills, Kellogg, Nestle, Bristol-Myers Squibb, Procter and Gamble, Roche and Hoechst (Sanofi-Aventis). The Rockefeller empire, in tandem with Chase Manhattan Bank (now JP Morgan Chase), owns over half of the pharmaceutical interests in the United States. It is the largest drug manufacturing combine in the world. Since WWII, the pharmaceutical industry has steadily netted increasing profits to become the world's second largest manufacturing industry; [2], [3] after the arms industry.
https://www.sourcewatch.org/index.php/American_Medical_Association