Image Image Image Image Image Image Image Image Image Image

Affluent Investor | April 28, 2017

Scroll to top

Top

3 Comments

What Hobby Lobby Means for Big Healthcare Firms

Abortifacient Manufacturers, in Light of Hobby Lobby Case

On Monday, June 30th, the Supreme Court overruled an Obamacare mandate that forced family-owned corporations, such as Hobby Lobby, to pay for “emergency contraceptives” and birth control for their employees.

This paper includes a brief list and description of some of the largest health-care corporations that, either directly or indirectly, produce abortifacients (“emergency contraceptives”). Included are charts from the Financial Times for each corporation that shows their market performance vs. the Dow Jones Industrial Average from
June 26th – July 2nd, 2014.|

Pfizer – Gross Annual Income: 37.6bn

Pfizer is a trans-national healthcare corporation based in the United States. It deals almost entirely in pharmaceuticals, support of health care providers, and medical research. However, it does produce the emergency contraceptive Lybrel.

5 day performance vs. Dow Jones Industrial Average

Pfizer 5day performance vs Dow Jones

Bayer – Gross Annual Income: 20.8bn

Bayer AG is a German-based corporation that operates in most major countries. It works primarily in healthcare, but also has a substantial agricultural sector that experiments with pesticides. It produces two emergency contraceptives: Levonelle and Postinor.

5 day performance vs. Dow Jones Industrial Average

Bayer AG vs Dow

Teva – Gross Annual Income: 38.6bn

Teva Pharmaceuticals is an international health care corporation based in Israel. It is one of the largest pharmaceutical companies in the world, and deals primarily in over-the-counter treatments. Among other things, it produces the generic emergency contraceptive “Plan B One-Step,” which is available prescription-free, over-the-counter, to people under the age of 18.

5 day performance vs. Dow Jones Industrial Average

Teva vs  Dow Jones

Actavis – Gross Annual Income: 3bn

Actavis PLC, formerly Watson Pharmaceuticals, is an international corporation based in Ireland. It produces mainly generic prescription drugs and is the third largest generic-pharmaceutical corporation. It produces ella(R), another over-the-counter emergency contraceptive. Forest Laboratories, a corporation that will soon be acquired by Actavis, produces a chemical used to induce abortions.

5 day performance vs. Dow Jones Industrial Average

Actavis v Dow

AstraZeneca – Gross Annual Income: 12.3bn

AstraZeneca PLC is a British-based transnational healthcare corporation. It works primarily in the research and development, rather than production, of prescription drugs. One of AstraZeneca’s subsidiaries, based in India, produces three drugs regularly used in abortion operations.

5 day performance vs. Dow Jones Industrial Average

AstraZeneca v Dow
In each case, the corporation in question suffered a small drop in value on the day of the Supreme Court ruling, and quickly bounced back the following day. This suggests that either the ruling will have no major impact on the abortifacient sector, that abortifacients represent a relatively small portion of the overall revenue of these corporations, or both.

 

 

Become An Insider!

Sign up for Affluent Investor's free email newsletter and receive Jerry Bowyer's Special Report, "How to Be an Affluent Investor in the Age of Obama & Ineffectual Republican Opposition."



  • rkr1111

    I wonder what happened to the “big firms” that manufactured the gas and the ovens that the Nazi dogs murdered God’s chosen people the Jews with? Hopefully, bankruptcy and disgrace will be the end of corporations that are complicit in the murder of the unborn.

    • Chicago Zephyr

      Well said!!!!!

  • All the companies mentioned sell products disguised as medicine or some such thing and all are really quite harmful in a myriad of ways to the human body . Every one of those companies has killed people and paid a fine and walked away ? The abortions are just another of the many horrific acts. Don’t forget many of their products are gov subsidized ? What a special deal, Hey ?

    It is all just another of the many illusions we all live under here in USSA today !
    Go to my site for many answers of many issues we see today.

    In the last week I have been speaking a lot about Boycotts and I put
    up a page at my site about it . To give some names and emails of
    certain entities. corps, special interest. Yesterday there was a stampede
    from many who contacted Costco and guess what it WORKED ! They caved in
    and it did not take all that much to accomplish ! So realize that we
    have massive power in our numbers and we can fight just like they do.
    So lets use that power to a good end. We have NOT done that fully yet
    and we can. Yesterday was PROOF ! go to my site http://www.downtoearththinking.com
    and chime in on the Boycotts and Protests ! on the “Citizens take back
    America” page ! leave your ideas and comments and email contact for
    entities, so we can make it easy for people to act !

    There is also a lot of excellent and informative topics for all, and all for free !

The Affluent Mix

Become An Insider!

Sign up for Affluent Investor's free email newsletter and receive Jerry Bowyer's Special Report, "How to Be an Affluent Investor in the Age of Obama & Ineffectual Republican Opposition."