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Jim Quinn: It’s Not A Lie If You Believe It

Jim Quinn: It’s Not A Lie If You Believe It

Authored by Jim Quinn via The Burning Platform blog,

“The past was erased, the erasure was…

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Jim Quinn: It's Not A Lie If You Believe It

Authored by Jim Quinn via The Burning Platform blog,

“The past was erased, the erasure was forgotten, the lie became the truth.” – George Orwell, 1984

“Great is truth, but still greater, from a practical point of view, is silence about truth.” ― Aldous Huxley, Brave New World

I wish I could go through a day without having to reference Orwell and Huxley when observing how the ruling class is able to manipulate, subjugate, and propagandize the willfully ignorant masses through lies, deceptions, disinformation, and fear. But here we are, living through a dystopian nightmare blending the worst aspects of Orwell’s 1984 and Huxley’s Brave New World.

It’s as if O’Brien and Mustapha Mond are running the show, using behavioral conditioning, restricting freedom of speech, adhering to a strict caste system, surveilling everything we say or do, using our fears to control us, utilizing propaganda to produce false narratives, and ultimately threatening to stomp a boot on our faces forever if we do not obey and conform. Virtually everything we are told by politicians, government bureaucrats, military brass, “esteemed” journalists, medical “experts”, bankers, and corporate executives is lies. They do not believe their lies, but they know it benefits themselves financially to lie, and as long as they work together, they know the ignorant masses will believe them.

George tells Jerry “It’s not a lie if you believe it” as he is going to take a lie detector test. I wonder how Fauci, Biden, Hillary, Obama, Comey, Wray, Pelosi, and the slew of other Deep State coup conspirators would fare on a lie detector test about Russiagate, Covidgate, J6 Insurrectiongate, and Vaccinegate. Based on the titanic volume of lies they have spewed over the last several years, I’m sure the machine would overheat and explode if hooked up to any of this traitorous vile scum.

The humorous phrase uttered by George Costanza on a sitcom twenty-seven years ago captures a significant kernel of truth about the mindset of the vast majority of non-critical thinking drones roaming the aisles of Wal-Marts and waiting in the drive-thru at McDonalds across our dystopian states of America. The lies run so deep you need hip-boots to wade through them on a daily basis. The reason our leaders lie is because we let them lie. The majority prefer comforting lies to unpleasant truths, because accepting unpleasant truths would require them to act and they prefer being distracted by trivialities like sports, reality TV, social media likes and otherwise being addicted to their technological gadgets.

“The process of mass-media deception has to be conscious, or it would not be carried out with sufficient precision, but it also has to be unconscious, or it would bring with it a feeling of falsity and hence of guilt…. To tell deliberate lies while genuinely believing in them, to forget any fact that has become inconvenient, and then, when it becomes necessary again, to draw it back from oblivion for just so long as it is needed, to deny the existence of objective reality and all the while to take account of the reality which one denies all this is indispensably necessary.” – George Orwell

Orwell’s explanation of mass-media deception is a brilliant assessment of how the ruling class changes the narrative to suit their needs, and without blinking an eye are able to deny what they have said and done. Orwell saw this manipulation of the truth before TV, the internet, social media, or professionally created government propaganda existed. In his day only newspapers, radio, and speeches existed to push deception upon the public.

The proliferation of technologically enhanced mass-media deception has accomplished everything the ruling class/oligarchs/Big Brother surveillance state could hope for. Lies and deception are nothing more than a means to their ends of control, wealth, and power. Right and wrong; good and evil; justice and injustice; truth and falsity; humanity and inhumanity; are meaningless concepts to the corrupt, greedy, power hungry, immoral, deviant, evil overlords who wield their wealth to maintain and expand their control over the ignorant masses, unwilling and unable to resist because their indoctrination runs deep, and the unceasing propaganda keeps them confused and angry at phantom enemies.

The perfect example of Orwell’s mass media deception in practice has been this entire Covid hoax, which has been built on a foundation of lies from the very beginning. At the outset Fauci scoffed at the concept of masks providing any protection from a microscopic virus while being interviewed on 60 Minutes. He wasn’t lying. Numerous scientific studies documented by the CDC proved beyond a doubt, masks are absolutely useless in preventing the spread of viruses. But a few weeks later the covid controllers realized the usefulness of masks as the perfect fear inducing symbol of a fake pandemic and the first step in demanding compliance and obedience by the masses.

Suddenly Fauci and his Big Pharma bought medical “expert” lackeys discarded the inconvenient facts that masks do not work, and piously preached that everyone must mask or mass death would occur. Any dissenting voice speaking the truth about masks was the enemy and needed to be silenced, scorned, ridiculed, and destroyed. The deception was aided and abetted by Twitter, Facebook, Google and the feckless MSM doing the bidding of the ruling elite, while being paid off by Big Pharma.

This was only the beginning of a worldwide conspiracy of lies. The videos from China of bodies in the streets were fake. Evidently to provoke fear among the global community. The purported origin of the virus being bats in a wet market in Wuhan was a lie concocted by Fauci, Daszik, and their Chinese co-conspirators to cover-up their illegal weaponization of viruses in the Wuhan Bio-weapon lab. This cover-up was maintained by the dying legacy media, Twitter, Facebook, and Google through the censorship and banning of anyone (ZeroHedge) who dared question the government approved narrative.

The demand for national lockdowns was built on the lies of Neil Ferguson, a 3rd rate academic, and his fear mongering Imperial College model of deaths if the world didn’t shut down. His ludicrous outcomes, based on false assumptions, were the basis for the disastrous decisions made by corrupt politicians across the world. The results in Sweden, which did not lockdown, have proven his model to be worthless, and responsible for the destruction of the lives of millions across the globe.

They lied about social distancing, based on a 3rd grade girl’s school paper. They used a PCR test improperly to falsely produce “positive” cases in order to terrify the masses into a mass formation psychosis. A case was not a sickness. They drastically overestimated the fatality rate and attributed the deaths of extremely old sick people to covid when they died from their existing malady. Only 6% of covid deaths can be attributed to strictly covid. The overall survival rate if you contracted covid is 99.7%, with anyone under 70 years old 99.9%. Virtually no one under 21 years old died from covid. It was less lethal than the annual flu to young people.

The overlords and their bevy of apparatchik whores in the government, media, and academia needed to ramp up the fear through rising cases, hospitalizations, and deaths in order to get rich off this plandemic, while planting the seeds of their Great Reset scheme to turn the world into a compliant surveillance state. The coup de grace of lies was to be the miraculous “Operation Warpspeed vaccine” which would rid the world of this perilous pestilence. Supposedly brilliant virologists developed amnesia over the concept of herd immunity, which has been known for centuries.

This War on Covid has gone as well as the War on Poverty and the War on Drugs, meaning it has been a complete and utter failure in defeating its supposed foe, but has been hugely successful in enriching politicians, corporations, and the multitude of toadies in the media, academia, and the bureaucracy who perpetuate the lies and disinformation they are paid handsomely to disgorge. The lies engulfing the supposed vaccine run deep and wide.

The entire vaccine scheme is built on an altar of lies, mistruths, misinformation, deception, and censorship. mRNA gene therapies have existed for decades and had consistently failed in application as every animal tested using these concoctions died. Pfizer faked their trial data, lied about adverse reactions, lied about long-term safety, lied about effects on pregnant women, and tried to keep these results hidden for seventy-five years. The tripe about these “vaccines” being safe effective has been and continues to be the Big Lie.

The emergency use authorization for these experimental jabs could only be given if there were no existing medications which were an effective treatment for the illness. There were dozens of scientific studies and world-renowned physicians acknowledging the effectiveness of both hydroxychloroquine and ivermectin in treating covid and alleviating its symptoms safely and effectively – and cheaply. That was the real problem. The hundreds of billions in profits to be made by Big Pharma, and then divvied up to politicians, legacy media companies, the FBI, and social media censorship arms of the ruling class, would be impossible if the truth about hydroxychloroquine and ivermectin was allowed to be acknowledged.

Therefore, Fauci and his sycophants claimed they were dangerous, horse de-wormer medicine, and ineffective. Twitter, Facebook, and Google censored and banned doctors who posted anything positive about either treatment. Meanwhile, Fauci sentenced tens of thousands to death by pushing Remdesivir, a treatment he financially benefitted from, and recommending ventilators for those with covid. Fauci sentenced tens of thousands to death by not allowing these treatments to be used. He deserves the same fate for his treacherous actions but is treated like a saint by the left-wing media and the Biden minions.

The biggest Orwellian mass-media deception of them all was what the “experts” unequivocally declared about their glorious vaccines. Just as every vaccine in history was supposed to keep you from contracting the illness you were vaccinated against, Fauci, Biden, Walensky, Gates, the Pfizer CEO, and a myriad of other paid “experts” told the global population they would not contract or spread covid once they were vaxxed. They are on video and in print declaring this to be true.

But when it was proven to be not true, they just denied they had ever said so. As long as the masses could be convinced the lie had become the truth, then the lie was the truth, according to the Party and its journalistic narrative guardians. Controlling the narrative through suppressing and censoring the truth is how they continue to maintain control. The release of the Twitter files by Musk confirms every “conspiracy theory” put into the public domain by the naysayers, critical thinkers, and a few honest journalists. They have lied about everything.

“And if all others accepted the lie which the Party imposed—if all records told the same tale—then the lie passed into history and became truth. ‘Who controls the past’ ran the Party slogan, ‘controls the future: who controls the present controls the past.” – Orwell

When confronted by the reality these experimental, toxic, gene altering, spike protein generating brews do not prevent anyone from contracting the virus, being hospitalized by the virus, or dying from the virus, the powers that be just changed the definition of a vaccine and attempted to alter the narrative and pretend they had never said what they said. How Orwellian of our Big Brother overlords. The past is alterable in a totalitarian regime.

“The past was alterable. The past never had been altered. Oceania was at war with Eastasia. Oceania had always been at war with Eastasia.” ― George Orwell, 1984

Even the current definition of vaccination is a lie. Not only does it not protect you from the virus, but the Antibody-Dependent Enhancement (ADE), warned about by highly regarded doctors like Robert Malone, Peter McCullough, and Pierre Kory over a year ago, is now happening to the vaxxed and boosted victims. Biden’s lie about this being a pandemic of the unvaccinated has transformed to the truth we are experiencing a pandemic of the vaccinated. The vaccinated are now 4x as likely to contract covid as an unvaxxed person who has recovered from covid. Natural immunity, which has protected humanity for centuries, is real and far superior to these Big Pharma jabs.

The cognitive dissonance of the vaxxed runs deep. They are too embarrassed and ashamed to admit they were duped and lied to. How many more young people need to “die suddenly” before they turn on Fauci, Biden, Big Pharma CEOs, media talking heads, politicians, and the sickcare industrial complex, and hold them accountable? Is the mass formation psychosis too ingrained in their psyche to ever revolt?

The lies about the covid vaccines being safe and effective, promulgated through a multi-billion-dollar advertising campaign running non-stop for the last two years, paying famous athletes, Hollywood stars, social media influencers, and unethical doctors, are proving to be the most diabolical and fatal falsehoods ever perpetrated on global humanity. The “effective” nonsense was put to bed last year when covid spread faster after more than half the country was berated and threatened into getting the jab, then a 2nd jab, then a 3rd jab, and then a booster, because the previous three failed.

And still half the country refuses to accept the truth because they don’t want to question the narrative or abandon their fellow vaccine cultists. The “safe” garbage narrative is collapsing on a daily basis as factual data about sudden deaths, real scientific studies proving the extreme dangers of these vaxxes, fertility data, excess mortality data, a constant stream of reports about young people contracting myocarditis, having heart attacks, and developing blood clots, has swamped Fauci and his ship of lying fools – with the ultimate result of breaking the mass formation psychosis of the masses.

Essentially, these vaccines are creating a slow-motion mass casualty event, and everyone involved in their premature use in human beings should stand trial for murder, but they won’t. That is because the totalitarian Deep State has grown too powerful, too arrogant, and too filled with contempt for those they rule over. They feel invincible, as they blatantly steal elections, keep peaceful protestors in dungeons, assassinate those who might implicate them in child trafficking conspiracies, use the mechanisms of the surveillance state to crush all opposition, and collude with mass media networks and the Silicon Valley mafia media to suppress the truth and censor those who dare question the Deep State sanctioned narrative. The Twitter files confirm the deceit and treason at the highest levels of government, media, and military. Hannah Arendt describes how totalitarian regimes depend on fabrications to maintain their power.

“Before mass leaders seize the power to fit reality to their lies, their propaganda is marked by its extreme contempt for facts as such, for in their opinion fact depends entirely on the power of man who can fabricate it.” ― Hannah Arendt, The Origins of Totalitarianism

At this point in history virtually everything uttered by the president, any politician, government bureaucrat, media personality, corporate executive, medical “expert”, and faux journalist is a fabrication, exaggeration, disinformation or outright lie. The list of lies is never ending, and has been going on since Adam and Eve, but the quantity and audaciousness of the lies in recent times has accelerated to a point where the totalitarians no longer fear revelations about their lies. They are comfortable knowing the masses will believe absurdities as long as they confirm their ideologies, biases, and beliefs.

The masses do not mind being lied to because they are entranced by narratives created to keep them under control and focused on whichever enemy they are propagandized to hate, whether it be Trump, lockdown and mask dissenters, anti-vaxxers, phantom white supremacists, J6 “insurrectionists”, the Russians, or “election deniers”. Provenly bold faced liars like Biden and Fauci are admired and celebrated for their dedication to the narrative, despite its falseness. It happened in Nazi Germany, Stalinist Soviet Union, Mao’s Communist China, and today as we plunge towards a new world order totalitarianism of unknown outcomes and atrocities.

“Mass propaganda discovered that its audience was ready at all times to believe the worst, no matter how absurd, and did not particularly object to being deceived because it held every statement to be a lie anyhow. The totalitarian mass leaders based their propaganda on the correct psychological assumption that, under such conditions, one could make people believe the most fantastic statements one day, and trust that if the next day they were given irrefutable proof of their falsehood, they would take refuge in cynicism; instead of deserting the leaders who had lied to them, they would protest that they had known all along that the statement was a lie and would admire the leaders for their superior tactical cleverness.” ― Hannah Arendt, The Origins of Totalitarianism

I think a list of big lies is sufficient to prove we are ruled by totalitarian ideologues who don’t care their lies are destroying our country, culture, and societal norms. During my lifetime: they lied about JFK’s assassination; they lied about the Gulf of Tonkin to get us into the Vietnam War; they lied about 9/11; they lied about WMD in Iraq; they lied about the 2008 financial collapse; they lied about the 2014 CIA coup in the Ukraine creating the havoc we have today; they lied about global warming and had to switch to climate change when the original lie was revealed; they lied about Russiagate and their coup against Trump, they lied about the “peaceful” BLM protests; they lied about the cause of George Floyd’s death (fentanyl overdose); they lie about child trafficking and grooming; they lie about butchering children in the name of gender identity; they lied about Hunter Biden’s computer and the Biden family crime syndicate; they lied about rigging the 2020 election; they lied about Epstein’s “suicide”; they lied about the FBI and Pelosi staging the January 6 “insurrection”; they lied about colluding with Twitter, Facebook, and Google to influence elections and create a fake pandemic; they are lying about our border being safe and secure; they are lying that Biden isn’t a dementia ridden puppet controlled by Obama, Soros, and Gates; they are lying that Sam Bankman-Fried and his FTX money laundering operation wasn’t an arm of the Democrat party, using ill-gotten funds and funneling it to Democrat candidates; and they are lying about their intentions to destroy our society through suicidal economic, social, and legal policies in order to usher in a totalitarian Great Reset New World Order run by wealthy elites and their detestable acolytes. Our dystopian nightmare is on-par with Orwell’s.

“The atom bombs are piling up in the factories, the police are prowling through the cities, the lies are streaming from the loudspeakers, but the earth is still going round the sun.” – George Orwell

Totalitarian regimes have tremendous success using fake data and fake charts to give the appearance of truth to a populace too willfully ignorant to investigate whether the data and charts are a truthful and accurate reflection of reality. It is so much easier to believe supposed experts than it is to think critically and question the narrative, especially when they are telling you what you want to hear. Even though the average person knows their financial situation has steadily deteriorated over the last two decades, along with the financial situation of the country, they still believe the fake data vomited on a daily basis by the government and Wall Street banking cabal.

They are lying about the inflation rate being 7%. It is more than double the government reported figure, based upon the calculation from 1980 when Volker needed to raise the Fed Funds Rate to 18%.

They are lying about the 3.7% unemployment rate. The total working age population is 265 million, up from 212 million in 2000. There are 158 million employed today, versus 137 million in 2000. The unemployment rate in 2000 of 4% is virtually the same as the rate reported today. How could that be if the working age population went up by 53 million, but employment only went up by 21 million? Quite a conundrum. It’s easy if you lie. According to the government 100 million working age Americans choose not to work, therefore they aren’t unemployed. That number was 70 million in 2000. Fully 40% of our working age citizens are not working today, but the government tells you our unemployment rate is 3.7%. This might be the biggest lie ever told.

The government has reported positive real GDP growth for most of the past two decades, with short-term dips in 2008/2009 and due to covid in 2020. Those figures are lies. Using a truthful inflation figure shows GDP has barely stayed flat for the last 20 years. The great American economy hasn’t grown in 20 years. We are a dying lying empire of debt. Our national debt grew from $5.7 trillion in 2000 to $31.5 trillion today. The debt to GDP ratio has gone from 55% in 2000 to 122% today. Throughout history, when this ratio exceeds 90%, economic disaster follows.

The biggest lie has been perpetrated by the Wall Street controlled Federal Reserve, whose mandates are a stable currency and low unemployment. With a straight face these jokers declare they have succeeded, while the USD has lost 97% of its purchasing power since the deceitful inception of the Federal Reserve in 1913, and the real unemployment rate is north of 20%. Losing the last 3% of purchasing power guarantees to be the most painful.

After documenting the outrageous multitude of lies being told by those controlling the levers of society, I’m torn regarding whether I trust enough people can be awakened from their self-induced stupor of belief in authority to mount a counter-offensive of truth. I guess I wouldn’t be writing articles about these subjects unless I thought there was a kernel of hope I could plant with my reasoning. But I find myself drawn more towards the conclusion reached by Alexandre Koyré over fifty years ago about mobs and the ease with which totalitarian authority figures can manipulate them:

“The mob believes everything it is told, provided only that it be repeated over and over. Provided too that its passions, hatreds, fears are catered to. Nor need one try to stay within the limits of plausibility: on the contrary, the grosser, the bigger, the cruder the lie, the more readily is it believed and followed. Nor is there any need to avoid contradictions: the mob never notices; needless to pretend to correlate what is said to some with what is said to others: each person or group believes only what he is told, not what anyone else is told; needless to strive for coherence: the mob has no memory; needless to pretend to any truth: the mob is radically incapable of perceiving it: the mob can never comprehend that its own interests are what is at stake.” ― Alexandre Koyré, Réflexions sur le mensonge

When the mob has been essentially hypnotized by totalitarian authority figures, unbound from the law through illegally invoking “emergency” powers to ensure the safety of the masses, it takes massive bloodshed and enormous upheaval before the mob will come to their senses and realize their dreadful misplacement of trust in tyrants. Personally, I hope I am wrong about what lies ahead, but I don’t see a pathway towards a peaceful, reasoned resolution of what plagues our country and the world.

Fools, knaves, and low IQ ideologues control the narrative, the political power, the media messaging, the banks, and the minds of the mob. We can attempt to distance ourselves from the onslaught, but there really is no way to escape the impact of a Fourth Turning, whether it be global conflict, civil chaos, financial Armageddon, or the wrath of the mob for being right about the vaccines, politicians, or the financial markets. I am not surprised or upset about the lies told to me by those running the show. Neitzsche and Carlin, two brilliant thinkers, pretty much sum up my feelings.

“I’m not upset that you lied to me, I’m upset that from now on I can’t believe you.” ― Friedrich Nietzsche

“My first rule:  I don’t believe anything the government tells me.  Nothing.  Zero.” – George Carlin

Very few people who need to awaken from their propaganda induced stupor of believing absurdities will read this article. Those who are already awake and can see what is happening clearly have few or no options to impact the course we are traveling. Too few see the iceberg dead ahead as the U.S. Titanic accelerates towards its rendezvous with destiny. We can shout and wave our hands, but there is nothing we can do to alter the course of an empire run by idiot ideologues, hellbent on the destruction of our ship of state. As Bradbury presciently noted in his masterpiece of societal self-immolation, I can’t make people listen to a message they don’t want to hear.

“But you can’t make people listen. They have to come round in their own time, wondering what happened and why the world blew up around them. It can’t last.” ― Ray Bradbury, Fahrenheit 451

At this point I’m torn between the darkness of Orwell’s vision and the stoic attitude put forth by Tolkien. We are living in a time of universal deceit and telling the truth feels like a revolutionary act when the mob is under the spell of mass formation psychosis. It is an interesting dichotomy that this article will only be read by a small audience of people who already agree with most of my arguments. If it ever reached a wider audience, I would be attacked by the mob, censored, threatened, and doxed in an attempt to destroy my life. So be it.

I will do what I can do with my limited resources, protect my loved ones, strengthen relationships with like-minded hobbits, disconnect from this warped and deviant society as much as possible, distance myself from the government, prepare for an uncertain future, and try my best to navigate the perils ahead. We only have a limited time on this earth to make a difference. We each must decide what we do with the time given us. God help us.

“I wish it need not have happened in my time,” said Frodo. “So do I,” said Gandalf, “and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us.” ― J.R.R. Tolkien, The Fellowship of the Ring

“The world is indeed full of peril, and in it there are many dark places; but still there is much that is fair, and though in all lands love is now mingled with grief, it grows perhaps the greater.” ― J.R.R. Tolkien, The Fellowship of the Ring

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It is Jim's sincere desire to provide readers of his site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions.

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Tyler Durden Fri, 12/30/2022 - 16:25

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Four burning questions about the future of the $16.5B Novo-Catalent deal

To build or to buy? That’s a classic question for pharma boardrooms, and Novo Nordisk is going with both.
Beyond spending billions of dollars to expand…

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To build or to buy? That’s a classic question for pharma boardrooms, and Novo Nordisk is going with both.

Beyond spending billions of dollars to expand its own production capacity for its weight loss drugs, the Danish drugmaker said Monday it will pay $11 billion to acquire three manufacturing plants from Catalent. It’s part of a broader $16.5 billion deal with Novo Holdings, the investment arm of the pharma’s parent group, which agreed to acquire the contract manufacturer and take it private.

It’s a big deal for all parties, with potential ripple effects across the biotech ecosystem. Here’s a look at some of the most pressing questions to watch after Monday’s announcement.

Why did Novo do this?

Novo Holdings isn’t the most obvious buyer for Catalent, particularly after last year’s on-and-off M&A interest from the serial acquirer Danaher. But the deal could benefit both Novo Holdings and Novo Nordisk.

Novo Nordisk’s biggest challenge has been simply making enough of the weight loss drug Wegovy and diabetes therapy Ozempic. On last week’s earnings call, Novo Nordisk CEO Lars Fruergaard Jørgensen said the company isn’t constrained by capital in its efforts to boost manufacturing. Rather, the main challenge is the limited amount of capabilities out there, he said.

“Most pharmaceutical companies in the world would be shopping among the same manufacturers,” he said. “There’s not an unlimited amount of machinery and people to build it.”

While Novo was already one of Catalent’s major customers, the manufacturer has been hamstrung by its own balance sheet. With roughly $5 billion in debt on its books, it’s had to juggle paying down debt with sufficiently investing in its facilities. That’s been particularly challenging in keeping pace with soaring demand for GLP-1 drugs.

Novo, on the other hand, has the balance sheet to funnel as much money as needed into the plants in Italy, Belgium, and Indiana. It’s also struggled to make enough of its popular GLP-1 drugs to meet their soaring demand, with documented shortages of both Ozempic and Wegovy.

The impact won’t be immediate. The parties expect the deal to close near the end of 2024. Novo Nordisk said it expects the three new sites to “gradually increase Novo Nordisk’s filling capacity from 2026 and onwards.”

As for the rest of Catalent — nearly 50 other sites employing thousands of workers — Novo Holdings will take control. The group previously acquired Altasciences in 2021 and Ritedose in 2022, so the Catalent deal builds on a core investing interest in biopharma services, Novo Holdings CEO Kasim Kutay told Endpoints News.

Kasim Kutay

When asked about possible site closures or layoffs, Kutay said the team hasn’t thought about that.

“That’s not our track record. Our track record is to invest in quality businesses and help them grow,” he said. “There’s always stuff to do with any asset you own, but we haven’t bought this company to do some of the stuff you’re talking about.”

What does it mean for Catalent’s customers? 

Until the deal closes, Catalent will operate as a standalone business. After it closes, Novo Nordisk said it will honor its customer obligations at the three sites, a spokesperson said. But they didn’t answer a question about what happens when those contracts expire.

The wrinkle is the long-term future of the three plants that Novo Nordisk is paying for. Those sites don’t exclusively pump out Wegovy, but that could be the logical long-term aim for the Danish drugmaker.

The ideal scenario is that pricing and timelines remain the same for customers, said Nicole Paulk, CEO of the gene therapy startup Siren Biotechnology.

Nicole Paulk

“The name of the group that you’re going to send your check to is now going to be Novo Holdings instead of Catalent, but otherwise everything remains the same,” Paulk told Endpoints. “That’s the best-case scenario.”

In a worst case, Paulk said she feared the new owners could wind up closing sites or laying off Catalent groups. That could create some uncertainty for customers looking for a long-term manufacturing partner.

Are shareholders and regulators happy? 

The pandemic was a wild ride for Catalent’s stock, with shares surging from about $40 to $140 and then crashing back to earth. The $63.50 share price for the takeover is a happy ending depending on the investor.

On that point, the investing giant Elliott Investment Management is satisfied. Marc Steinberg, a partner at Elliott, called the agreement “an outstanding outcome” that “clearly maximizes value for Catalent stockholders” in a statement.

Elliott helped kick off a strategic review last August that culminated in the sale agreement. Compared to Catalent’s stock price before that review started, the deal pays a nearly 40% premium.

Alessandro Maselli

But this is hardly a victory lap for CEO Alessandro Maselli, who took over in July 2022 when Catalent’s stock price was north of $100. Novo’s takeover is a tacit acknowledgment that Maselli could never fully right the ship, as operational problems plagued the company throughout 2023 while it was limited by its debt.

Additional regulatory filings in the next few weeks could give insight into just how competitive the sale process was. William Blair analysts said they don’t expect a competing bidder “given the organic investments already being pursued at other leading CDMOs and the breadth and scale of Catalent’s operations.”

The Blair analysts also noted the companies likely “expect to spend some time educating relevant government agencies” about the deal, given the lengthy closing timeline. Given Novo Nordisk’s ascent — it’s now one of Europe’s most valuable companies — paired with the limited number of large contract manufacturers, antitrust regulators could be interested in taking a close look.

Are Catalent’s problems finally a thing of the past?

Catalent ran into a mix of financial and operational problems over the past year that played no small part in attracting the interest of an activist like Elliott.

Now with a deal in place, how quickly can Novo rectify those problems? Some of the challenges were driven by the demands of being a publicly traded company, like failing to meet investors’ revenue expectations or even filing earnings reports on time.

But Catalent also struggled with its business at times, with a range of manufacturing delays, inspection reports and occasionally writing down acquisitions that didn’t pan out. Novo’s deep pockets will go a long way to a turnaround, but only the future will tell if all these issues are fixed.

Kutay said his team is excited by the opportunity and was satisfied with the due diligence it did on the company.

“We believe we’re buying a strong company with a good management team and good prospects,” Kutay said. “If that wasn’t the case, I don’t think we’d be here.”

Amber Tong and Reynald Castañeda contributed reporting.

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Petrina Kamya, Ph.D., Head of AI Platforms at Insilico Medicine, presents at BIO CEO & Investor Conference

Petrina Kamya, PhD, Head of AI Platforms and President of Insilico Medicine Canada, will present at the BIO CEO & Investor Conference happening Feb….

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Petrina Kamya, PhD, Head of AI Platforms and President of Insilico Medicine Canada, will present at the BIO CEO & Investor Conference happening Feb. 26-27 at the New York Marriott Marquis in New York City. Dr. Kamya will speak as part of the panel “AI within Biopharma: Separating Value from Hype,” on Feb. 27, 1pm ET along with Michael Nally, CEO of Generate: Biomedicines and Liz Schwarzbach, PhD, CBO of BigHat Biosciences.

Credit: Insilico Medicine

Petrina Kamya, PhD, Head of AI Platforms and President of Insilico Medicine Canada, will present at the BIO CEO & Investor Conference happening Feb. 26-27 at the New York Marriott Marquis in New York City. Dr. Kamya will speak as part of the panel “AI within Biopharma: Separating Value from Hype,” on Feb. 27, 1pm ET along with Michael Nally, CEO of Generate: Biomedicines and Liz Schwarzbach, PhD, CBO of BigHat Biosciences.

The session will look at how the latest artificial intelligence (AI) tools – including generative AI and large language models – are currently being used to advance the discovery and design of new drugs, and which technologies are still in development. 

The BIO CEO & Investor Conference brings together over 1,000 attendees and more than 700 companies across industry and institutional investment to discuss the future investment landscape of biotechnology. Sessions focus on topics such as therapeutic advancements, market outlook, and policy priorities.

Insilico Medicine is a leading, clinical stage AI-driven drug discovery company that has raised over $400m in investments since it was founded in 2014. Dr. Kamya leads the development of the Company’s end-to-end generative AI platform, Pharma.AI from Insilico’s AI R&D Center in Montreal. Using modern machine learning techniques in the context of chemistry and biology, the platform has driven the discovery and design of 30+ new therapies, with five in clinical stages – for cancer, fibrosis, inflammatory bowel disease (IBD), and COVID-19. The Company’s lead drug, for the chronic, rare lung condition idiopathic pulmonary fibrosis, is the first AI-designed drug for an AI-discovered target to reach Phase II clinical trials with patients. Nine of the top 20 pharmaceutical companies have used Insilico’s AI platform to advance their programs, and the Company has a number of major strategic licensing deals around its AI-designed therapeutic assets, including with Sanofi, Exelixis and Menarini. 

 

About Insilico Medicine

Insilico Medicine, a global clinical stage biotechnology company powered by generative AI, is connecting biology, chemistry, and clinical trials analysis using next-generation AI systems. The company has developed AI platforms that utilize deep generative models, reinforcement learning, transformers, and other modern machine learning techniques for novel target discovery and the generation of novel molecular structures with desired properties. Insilico Medicine is developing breakthrough solutions to discover and develop innovative drugs for cancer, fibrosis, immunity, central nervous system diseases, infectious diseases, autoimmune diseases, and aging-related diseases. www.insilico.com 


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International

Another country is getting ready to launch a visa for digital nomads

Early reports are saying Japan will soon have a digital nomad visa for high-earning foreigners.

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Over the last decade, the explosion of remote work that came as a result of improved technology and the pandemic has allowed an increasing number of people to become digital nomads. 

When looked at more broadly as anyone not required to come into a fixed office but instead moves between different locations such as the home and the coffee shop, the latest estimate shows that there were more than 35 million such workers in the world by the end of 2023 while over half of those come from the United States.

Related: There is a new list of cities that are best for digital nomads

While remote work has also allowed many to move to cheaper places and travel around the world while still bringing in income, working outside of one's home country requires either dual citizenship or work authorization — the global shift toward remote work has pushed many countries to launch specific digital nomad visas to boost their economies and bring in new residents.

Japan is a very popular destination for U.S. tourists. 

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This popular vacation destination will soon have a nomad visa

Spain, Portugal, Indonesia, Malaysia, Costa Rica, Brazil, Latvia and Malta are some of the countries currently offering specific visas for foreigners who want to live there while bringing in income from abroad.

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With the exception of a few, Asian countries generally have stricter immigration laws and were much slower to launch these types of visas that some of the countries with weaker economies had as far back as 2015. As first reported by the Japan Times, the country's Immigration Services Agency ended up making the leap toward a visa for those who can earn more than ¥10 million ($68,300 USD) with income from another country.

The Japanese government has not yet worked out the specifics of how long the visa will be valid for or how much it will cost — public comment on the proposal is being accepted throughout next week. 

That said, early reports say the visa will be shorter than the typical digital nomad option that allows foreigners to live in a country for several years. The visa will reportedly be valid for six months or slightly longer but still no more than a year — along with the ability to work, this allows some to stay beyond the 90-day tourist period typically afforded to those from countries with visa-free agreements.

'Not be given a residence card of residence certificate'

While one will be able to reapply for the visa after the time runs out, this can only be done by exiting the country and being away for six months before coming back again — becoming a permanent resident on the pathway to citizenship is an entirely different process with much more strict requirements.

"Those living in Japan with the digital nomad visa will not be given a residence card or a residence certificate, which provide access to certain government benefits," reports the news outlet. "The visa cannot be renewed and must be reapplied for, with this only possible six months after leaving the countr

The visa will reportedly start in March and also allow holders to bring their spouses and families with them. To start using the visa, holders will also need to purchase private health insurance from their home country while taxes on any money one earns will also need to be paid through one's home country.

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