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Wednesday, November 6, 2024

Did Government-Sponsored Disinformation Worsen COVID-19?

 by Robert Malone via The Brownstone Institute,

Highlights

  • Political disinformation was positively associated with respiratory infection incidence.

  • Government-sponsored disinformation was positively associated with the incidence of Covid-19.

  • Internet censorship led to underreporting of the incidence of respiratory infections.

  • Governments must stop sponsoring disinformation to avoid blame or gain a political advantage.

The recent report from the US House Energy and Commerce Committee titled “We Can Do This: An Assessment of the Department of Health and Human Services’ COVID-19 Public Health Campaign” provides detailed, documented information concerning the public Covid-19 PsyWar/Propaganda disinformation campaign delivered by the “Fors Marsh Group” corporation for the US Department of Health and Human Services. This was previously discussed in this Substack essay

According to the documentation provided, the principal HHS partner cooperating with Fors Marsh to provide content and messaging guidance regarding approved Covid-19 interventions was the US Centers for Disease Control and Prevention (CDC). The report conclusions and appendix include data summaries implying that this nearly one billion dollar campaign ($911,174,285) contributed to the development of widespread US citizen resistance to Covid-19 “vaccine” uptake, and was associated with deterioration in confidence concerning the CDC, the public health enterprise, and vaccines. 

The Fors Marsh campaign specifically and intentionally deployed fear-based messaging to influence public behavior to comply with CDC and other USG recommendations. The intentional promotion of fear of death from an infectious disease disproportionate to actual risk of death is psychological bioterrorism and is associated with significantly greater social, political, and economic damage than that associated with known actual bioterror events such as the US Anthrax spore letter distribution campaign.

The weaponization of fear of death from an infectious disease as a component of an intentional propaganda campaign designed to modify human behavior is morally abhorrent, and is associated with a wide range of direct economic and mental health harms. These harms were never considered during the development and deployment of this HHS-sponsored psychological warfare technology-based propaganda campaign. This type of messaging and propaganda meets the criteria of State-sponsored disinformation.

In contrast to misinformation, which refers to simply false information, disinformation refers to false information that is spread deliberately to deceive people. Unsurprisingly, political leaders, especially those who have undermined democratic institutions, adopt disinformation as an instrument for gaining support and reducing resistance, especially during crucial political moments such as elections and wars (Guriev and Treisman, 2019).

From the Energy and Commerce Committee report page 42:

The CDC’s disregard for emerging evidence that contradicted its own preferred policy outcomes demonstrates an insular culture unable—and unwilling—to change course with evolving science. By November 10, 2021, in line with ACIP’s recommendation, the Campaign began airing ads targeting parents of children aged 5-11 years. These ads inaccurately suggested children were at high risk of severe illness or death from COVID-19. Many ads were emotionally manipulative and sought to incite fear by exaggerating the risk of severe illness and death among low-risk populations, such as children. This was especially true of ads that targeted parents. At the same time, the ads played down vaccine associated risks. 

From pages 45-46:

Nine months later, faced with a surge driven by the Delta variant, the Biden-Harris administration reneged on its pledge and announced, in a nationwide primetime address, that it would impose Covid-19 vaccine mandates. President Biden stated that “in total, the vaccine requirements in my plan will affect about 100 million Americans.” He ominously warned unvaccinated Americans or those who had only received a single dose, that “[w]e’ve been patient, but our patience is wearing thin.” The mandates were presented as a way to protect higher-risk vaccinated workers and those too young to be vaccinated from catching Covid-19 spread by unvaccinated individuals.

At the time of the announcement, over 175 million Americans were vaccinated with about 80 million Americans remaining unvaccinated. The vast majority of unvaccinated individuals were under the age of 50 and at comparatively low risk of severe illness and death. More importantly, at that time, over 85 percent of people over 65 years old had received one dose, and around 78 percent had completed the two-shot primary series. Similarly, over 75 percent of people 50-64 years old had received at least one dose. Thus, the age groups at highest risk of severe illness or death were largely already vaccinated by the time the mandates were announced.

From page 62:

The fact that HHS’s COVID-19 pandemic policies, guidance, and recommendations, including Campaign messaging, were grounded in incorrect data generated by a faulty algorithm that had inflated the number of COVID-19 deaths shattered HHS’s remaining credibility. The CDC’s admission to overcounting deaths undermined the Campaign’s promotional materials. The Campaign’s messaging pressured parents to believe their children were facing life-or-death scenarios. By using artificially inflated child mortality rates, the Campaign greatly overstated the threat facing children and struck unnecessary fear into households everywhere. Parents felt betrayed, and those who resisted or tuned out the warnings felt vindicated. 

Quoting for the report appendix:

Over and over, the Campaign’s survey findings showed little to no change in vaccine uptake or readiness among the public. In spite of heavy promotion, findings reveal vaccine uptake remained unchanged for nearly a year between August 2021 and June 2022. 

By April 2022, 76 percent of unvaccinated adults said they would never get a COVID vaccine. 

Among unvaccinated adults, nearly half of all those surveyed remained unvaccinated due to concerns about the long-term side effects of the vaccines. Others remained concerned about the speed with which the vaccines were developed, their efficacy in preventing COVID infection and transmission, as well as mistrust of government motives in widely encouraging vaccines. 

Survey findings between January and June 2022 also reveal no significant change in booster uptake among fully vaccinated adults. Notably, survey findings also reveal that while the Campaign was ongoing, booster uptake peaked at 27 percent in November 2021 and gradually declined to 3 percent in March 2022.

The Campaign closely monitored vaccine hesitancy among the public, including among parents of children under 18 years. A CET survey finding from March 2022 showed between 60 and 76 percent of parents with unvaccinated children under 18 years were concerned about potential vaccine side effects. At the same time, 53 percent of adults agreed that parents should be able to make their own choices about getting their children vaccinated, and as the COVID pandemic lagged, Campaign findings indicated a 20 percent drop in the number of adults who supported mask mandates in schools over a seven-month period. Interestingly, school mask and vaccination mandates for teachers, staff, visitors, and students were most strongly supported by liberal, vaccinated adults, non-parents and those dwelling in urban areas. In contrast, parents were more likely to agree that COVID vaccines for young children, especially those under 5, were unnecessary. 

By 2022, many Americans had had enough. In April 2022, nearly half of all surveyed adults agreed that vaccination and masking decisions are personal choices and should not be mandated. These statistics reveal how public perception significantly diverged from that of the Biden-Harris administration and the Campaign’s messaging. Demonstratively, when the federal mandate requiring masks in airports and on airplanes, buses, subways, trains, and other forms of public transportation was scheduled to expire on April 18, 2022, the CDC, and the Transportation Security Administration (TSA) chose to extend it another two weeks—until May 3. Although major airlines such as Delta and American Airlines called to an end to the requirement, President Biden “promised to veto any legislation overturning it.”

By April 2022, 58 percent of adults surveyed stated they were tired of worrying about the risk of COVID and 46 percent claimed they tune out COVID related news. Fifty percent stated, “[t]he virus may not be done with us, but we need to be done with it.”

In short, the campaign failed to achieve the intended objectives and instead was associated with the development of widespread citizen distrust and disillusionment with the State, the CDC, the US Public Health Enterprise, the Medical/Industrial complex, and vaccines in general.

Not considered and unaddressed in the Energy and Commerce report was whether these types of State-sponsored infectious disease disinformation campaigns positively or negatively influence infectious disease outbreak outcomes. I used the US National Library of Medicine PubMed search engine to investigate this question to discover whether any high-quality peer-reviewed academic research addressing the issue had been published.

My search revealed a March 2022 study publication by a group of Taiwanese researchers that was published in the Elsevier journal Social Science and Medicine. Is this journal a respected academic publication?

Social Science and Medicine Impact Score (IS) Trend:

  • The Impact Score for Social Science and Medicine has been steadily increasing over the years, with a slight decrease in 2023 to 5.38.

  • The highest Impact Score recorded in the last 10 years is 5.54 (2022), while the lowest is 3.22 (2018).

  • According to SCImago Journal Rank (SJR), Social Science and Medicine is ranked 1.954, indicating a high level of scientific influence.

Clearly “Social Science and Medicine” is a credible peer-reviewed academic journal.

The article is titled “Government-sponsored disinformation and the severity of respiratory infection epidemics including COVID-19: A global analysis, 2001–2020”

This link will take you directly to the publication, which is published as an open source document (no subscription required). But you will need to verify that you are a human. It is not too technical, and I recommend that any readers seeking additional details (such as experimental methods and data) read the primary source.

Both the background summary and the study findings are prophetic, and almost completely aligned with the Energy and Commerce committee report.

Abstract

Internet misinformation and government-sponsored disinformation campaigns have been criticized for their presumed/hypothesized role in worsening the coronavirus disease 2019 (COVID-19) pandemic. We hypothesize that these government-sponsored disinformation campaigns have been positively associated with infectious disease epidemics, including COVID-19, over the last two decades. By integrating global surveys from the Digital Society Project, Global Burden of Disease, and other data sources across 149 countries for the period 2001–2019, we examined the association between government-sponsored disinformation and the spread of respiratory infections before the COVID-19 outbreak. Then, building on those results, we applied a negative binomial regression model to estimate the associations between government-sponsored disinformation and the confirmed cases and deaths related to COVID-19 during the first 300 days of the outbreak in each country and before vaccination began.

After controlling for climatic, public health, socioeconomic, and political factors, we found that government-sponsored disinformation was significantly associated with the incidence and prevalence percentages of respiratory infections in susceptible populations during the period 2001–2019. The results also show that disinformation is significantly associated with the incidence rate ratio (IRR) of cases of COVID-19. The findings imply that governments may contain the damage associated with pandemics by ending their sponsorship of disinformation campaigns.

Introduction 

Coronavirus disease 2019 (COVID-19) has caused a worldwide medical crisis that began in 2020. As the COVID-19 pandemic has escalated, accurate and inaccurate information has spread on the Internet (Islam et al., 2020). The World Health Organization (WHO) has warned of the risk of an “infodemic” wherein an overwhelming amount of circulating information discredits professional advice and prevents accurate information from reaching its target audience (WHO, 2020). Some studies have found that people’s exposure to misinformation may be associated with their violation of epidemic prevention regulations or resistance to vaccination (Lee et al., 2020; Hornik et al., 2021; Loomba et al., 2021; Prandi and Primiero, 2020), and the sources of this misinformation can be traced back to political leadership in the government. For example, one study found the name of former U.S. president Donald Trump appeared in 37.9% of misinformation conversations about the COVID-19 pandemic (Evanega et al., 2020). These findings imply that attempts to conceal or distort information about the disease may contribute to its spread globally.

Most public health studies on information issues have emphasized only the spread and effects of misinformation (Roozenbeek et al., 2020) and not considered “disinformation.” In contrast to misinformation, which refers to simply false information, disinformation refers to false information that is spread deliberately to deceive people. Unsurprisingly, political leaders, especially those who have undermined democratic institutions, adopt disinformation as an instrument for gaining support and reducing resistance, especially during crucial political moments such as elections and wars (Guriev and Treisman, 2019). In the digital era, recent studies have uncovered that more than two dozen governments have been deeply involved in disinformation campaigns to pursue their own domestic or international purposes (Bennett and Livingston, 2018; Bradshaw and Howard, 2018). 

The relationship between such disinformation campaigns and disease spread warrants investigation particularly in the case of the COVID-19 outbreak. Some governments adopt authoritarian strategies including disinformation and censorship to protect against political accountability and criticism over the spread of epidemics. However, the effects of such activities are unclear (Edgell et al., 2021). In this paper, we hypothesize that political disinformation may lead to worse public health outcomes. By examining comprehensive data on respiratory infections from 149 countries from 2001 to 2020, the present study discovered that government-sponsored disinformation is positively associated with the spread of respiratory infections including COVID-19. The findings imply that governments may contain the damage associated with pandemics by ending their sponsorship of disinformation campaigns. 

Government-Sponsored Disinformation and Epidemics 

Disinformation is widely understood as being misleading content produced to further political goals, generate profits, or maliciously deceive. It may be utilized by politicians to manipulate public perception and reshape the collective decisions of the majority (Stewart et al., 2019). As an effective political tool in the digital era, one of the major origins of disinformation is a variety of agents sponsored by governments (Bradshaw and Howard, 2018). The actors disseminating government-sponsored disinformation include government-based cyber troops working as civil servants to influence public opinion (King et al., 2017), politicians and parties utilizing social media to reach their political intentions, private contractors hired by the government to promote domestic and international propaganda, volunteers that collaborate with governments, and citizens who have prominent influence on the internet and are paid by governments to spread disinformation (Bennett and Livingston, 2020).

Accompanied by the development of the internet, government-sponsored disinformation has become a global issue over the last two decades. Comparative political studies have noted that autocracies create more fake news than democracies, while the public in democracies has also severely suffered from it (Bradshaw and Howard, 2018). In contrast to democratic governments that are elected to provide public goods through majority rule, nondemocratic governments have leaders who remain in office by gaining support from a small group of political elites without checks and balances. Autocratic governments, therefore, face the constant threat of mass protests from large numbers of disenfranchised people (De Mesquita and Smith, 2003; Acemoglu and Robinson, 2006). In the digital age, autocracies prefer to use informational instruments such as censorship and disinformation to compromise potential protests, particularly during political crises (Guriev and Treisman, 2019). For example, a recent study revealed that autocracies such as China, Russia, and Iran used internet censorship as a reactive strategy to suppress civil society after the Arab Spring (Chang and Lin, 2020).

The political effects of government-sponsored disinformation and internet censorship on disease spread, however, remains understudied. As a tool for maintaining political stability in the government’s favor; however, disinformation may lead to dysfunction in public health systems, as well as more infections from disease. In this paper, we highlight some suspected political, informational, and institutional processes to explain the positive association between government-sponsored disinformation and the exacerbation of infectious diseases—measured by the incidence, prevalence, and death percentages of respiratory infection before the COVID-19 pandemic—and how this disinformation was associated with the number of confirmed cases (henceforth, cases) of and deaths due to the COVID-19 pandemic.

Political Incentives to Spread Disinformation about Epidemics

As the COVID-19 outbreak has made apparent, some government incumbents accountable for controlling the disease neglected the risk and failed to prevent its spread. The failure of leadership to control the disease stimulated blame avoidance behaviors (Weaver, 1986; Baekkeskov and Rubin, 2017; Zahariadis et al., 2020), which sometimes took the form of internet censorship and government-sponsored disinformation. The Chinese government has been criticized for its alleged ignorance and suppression of information at the beginning of the COVID-19 epidemic (Petersen et al., 2020), while Chinese diplomats have openly accused the United States of spreading the disease, with the Iranian and Russian governments also supporting this conspiracy theory (Whiskeyman and Berger, 2021). In Iran, the government disseminated contradictory information on national COVID-19 fatalities. On February 10, 2020, the Iranian government falsely claimed that the country had no cases of coronavirus, but a 63-year-old woman died of COVID-19 on the same day. Finally, on February 19, the Iranian regime admitted that coronavirus had spread in Iran, 9 days after the first reported death (Dubowitz and Ghasseminejad, 2020). Under the cloud of poor transparency and disinformation regarding the epidemic in Iran, the country saw severe outcomes, with 55,223 deaths as of December 31, 2020.

Disinformation as blame avoidance behavior by political leaders was exhibited not only in autocratic countries, but also occurred in some democratic countries (Flinders, 2020). For example, during his US presidency, Donald Trump understated the risk of the COVID-19 pandemic by accusing the political opposition of conspiracy and the media of exaggeration (Calvillo et al., 2020). His statements about hydroxychloroquine as a “miracle cure” also misled the public to employ false treatments (Evanega et al., 2020). This misinformation about the disease could directly result in ineffective coping by people and undermine their institutional trust in public health agencies. However, the suspected “disinformation” from democratic leadership, in contrast to autocracies, still encountered effective checks and balances by parliaments, medical professionals, free media, and voters. 

Disinformation and Ineffective Coping 

Some case studies have shown that reliable and transparent government-sponsored epidemic information could have alerted public health institutions and susceptible populations early and led them to take effective preventive behaviors before the COVID-19 pandemic. For example, a key lesson learned from the severe acute respiratory syndrome (SARS) experience in Singapore was the importance of rapid and accurate information to support effective decision-making. The innovation of frequent information reviews effectively guided local public health decisions during the H1N1-2009 epidemic (Tan, 2006; Tay et al., 2010).

In contrast, government-sponsored disinformation disrupts the mechanisms of information exchange among public health institutions and other bodies, which can lead to ineffective coping, such as perceptions of low risk and the slow development of preventive behaviors at both the individual level, and preparedness delays and resource misallocation at the institutional level. COVID-19 studies have demonstrated that people’s belief in misinformation reduced the likelihood that they would take preventive measures such as mask wearing, social distancing, and complying with official guidelines (Lee et al., 2020; Hornik et al., 2021; Pickles et al., 2021). Case studies of Iran have revealed that government-sponsored disinformation typically results in ineffective coping by individuals and public health institutions and that the disinformation can elevate disease incidence and prevalence in an epidemic (e.g., Bastani and Bahrami, 2020).

In addition, in contrast to democracies, autocracies such as Iran, China, Russia, and North Korea are likely to refuse information sharing and regulations promoted by the global health system during a pandemic (Burkle, 2020). When governments disseminate disinformation or suppress valid information, therefore, we expect that it is difficult for public health institutions and citizens to protect themselves from the spread of the disease. 

Disinformation and Institutional Distrust 

Misinformation is likely to trigger institutional distrust in public authorities and thus directs citizens’ attention away from professional advice and instead towards skeptics and harmful treatments (Brainard and Hunter, 2019) harmful treatments (Brainard and Hunter, 2019). Disinformation could be associated even more strongly with dire outcomes. Studies conducted before the COVID-19 pandemic have illustrated that distrust of government or the medical profession creates obstacles to preventing epidemics by reducing people’s compliance with official messages related to disease containment and by engendering inadequate medical service utilization. For example, studies investigating Ebola outbreaks discovered that respondents with misinformation and low trust in the government were less likely to comply with social distancing policies or take precautions against the epidemic (Blair et al., 2017; Vinck et al., 2019).

Recent global studies on COVID-19 have reported that trust in public institutions, but not general social trust, has a negative association with the disease incidence ratio and deaths related to the pandemic (Elgar et al., 2020). For example, online survey studies confirmed that trust in government amplified compliance with official health guidelines (Pak et al., 2021); evidence from a geographic information system in European countries revealed the same pattern—the higher the political trust, the lower the regional and national human mobility (Bargain and Aminjonov, 2020). Survey studies conducted in both China and Europe have demonstrated that higher political trust before the outbreak was associated with lower incidence and mortality rates (Ye and Lyu, 2020; Oksanen et al., 2020). In addition, studies conducted in the United States have shown a negative relationship between institutional trust in science and the public health system and belief in misinformation (Dhanani and Franz, 2020; Agley and Xiao, 2021) and that both trust and information sources influence the probability that individuals will perform preventive behaviors (Fridman et al., 2020). International comparative studies have also found that distrusting citizens may not comply with regulations because of their underestimation of the risk of non-compliance (Jennings et al., 2021).

Therefore, government-sponsored disinformation may result in distrust of public health institutions and be positively associated with the incidence and prevalence of disease. In this study, cross-national data on vaccination is not included, although other studies suggest that misinformation could result in the spread of epidemics by reducing the willingness to receive vaccination. Studies before COVID-19 have revealed that vaccination-related information on Twitter is associated with regional vaccination rates in the United States and public confidence in vaccination in Russia (Salath´ e and Khandelwal, 2011; Broniatowski et al., 2018). Based on a global survey, Lunz Trujillo and Motta (2021) found that country-level internet connectivity is associated with individual-level vaccine skepticism. A recent study on the acceptance of COVID-19 vaccines also demonstrated that misinformation exposure significantly reduced the willingness of people to accept a vaccine in the UK and USA (Loomba et al., 2021). As these studies implied, government-sponsored disinformation may reduce the acceptance and coverage of vaccination and thus are likely to be positively associated with the incidence and prevalence of epidemics. To sum up, blame avoidance and other interests of politicians may stimulate government-sponsored disinformation and internet censorship efforts during epidemics.

The disinformation might be associated with ineffective coping by people and institutions, and contribute to institutional distrust of governments and public health systems. The ineffective coping, and resistance to official guidelines of preventive behaviors and vaccination because of the distrust, might facilitate the spread of disease in epidemics. Accordingly, we expect government-sponsored disinformation to be positively associated with the incidence and prevalence measures of respiratory infections including COVID-19. 

Conclusion 

This study hypothesized a positive association between political disinformation and its impacts on epidemics in light of political and institutional processes. The findings reveal that government-sponsored disinformation is associated with the incidence and prevalence of respiratory infections during the period 2001–2019, before the COVID-19 pandemic. Government-sponsored disinformation is also positively associated with the IRR of cases of COVID-19 before vaccination program implementation. In contrast to literature focusing only on the effects of misinformation and preventive behaviors at the individual level during the COVID-19 pandemic, the present study integrated evidence from global surveys and revealed the adverse effects of government-sponsored disinformation on the management of epidemics over the last two decades. We found that disinformation is positively and significantly associated with the incidence and prevalence of respiratory infections including COVID-19, though its positive relationship with mortality of these respiratory infections was not significant. This study has some limitations. First of all, the disinformation index focused on only government sources and not on other disinformation and misinformation sources. Also, the DSP database is expert-rated and inevitably subjective.

However, it is the only existing global database regarding the interaction between politics and social media. Second, the pooled category of respiratory infections and the percentages of all disease causes could not be directly compared with the IRRs for a single pandemic. Data on both cases and deaths in the GBD and COVID-19 databases might not only present the impacts of the respiratory infections but also reflect differing levels of capacity among various public health systems and transparency among governments. The data on respiratory infections may be censored deliberately or underreported unintentionally by developing countries. For the application of the GBD database, we suggest that adopting the percentages of a specific type of epidemic from all causes might be a relatively more reliable choice than the rates or numbers. However, the database of epidemics might consider some adjustments to address the variation from the different capacity of public health systems.

Despite these limitations, this study may be the first to present cross-national evidence of the association between political disinformation and the spread of epidemics including COVID-19. Our study also implies that the quality of data during the COVID-19 pandemic is an endogenous factor of informational politics. The internet censorship of autocracies tends to systematically underreport the morbidity and mortality of the pandemic. Iran is a vivid example of intentionally underreporting and also disseminating fake news. There is also evidence of deliberate inaccuracies and concealment of COVID-19 infections in lower- or middle-income countries (Richards, 2020). Rocco et al. (2021) revealed that subnational COVID-19 data quality, including mortality, is associated with media independence. Hansen et al. (2021) pointed out that in the United States, counties were more likely to release information about COVID-19 when there was a stronger opposition (Democrats) before the US presidential election. In our analysis, governments that applied censorship and spread fake news as blame avoidance behaviors may also intentionally underreport the numbers of infected and deaths. After all, concealing the numbers of cases and deaths during the pandemic is also a form of political disinformation. Therefore, we may have underestimated the association between disinformation and the severity of pandemics. The real damage of disinformation may be greater than the current findings show.

Based on our findings, we suggest countering disinformation during the COVID-19 pandemic. First, we would ask that governments immediately stop sponsoring disinformation for blame avoiding or regarding the disease as a strategy for gaining political advantage in domestic and international conflicts. Also, we would propose that the international community and global civil society act to prevent governments from sponsoring disinformation campaigns and internet censorship. In practice, fact-checking authorities managed by civil associations may be established to efficiently refute fake news. 

Eliminating fake news in civil society may help curb the spread of infections. In sum, to control the pandemic, fighting disinformation can play a key role. 

Republished from the author’s Substack

https://www.zerohedge.com/covid-19/did-government-sponsored-disinformation-worsen-covid-19

Lantheus narrows guidance range after Q3

 

  • Worldwide revenue of $378.7 million, an increase of 18.4% from third quarter 2023
  • GAAP fully diluted earnings per share of $1.79, compared to $1.88 in the third quarter of 2023. Adjusted fully diluted earnings per share of $1.70 compared to $1.47 in the third quarter of 2023
  • Company narrows full year 2024 revenue and fully diluted earnings per share guidance towards higher end of the previously issued guidance
  • Company applauds CMS' CY25 rule to improve payment for specialized diagnostic radiopharmaceuticals, including PYLARIFY, advancing patient access and care
  • Company announced that it expanded its Alzheimer's disease radiodiagnostics portfolio with NAV-4694, a novel, next generation late-stage beta-amyloid imaging agent

Full Year 2024 Financial Guidance

 Guidance Issued November 6, 2024Guidance Issued July 31, 2024
FY 2024 Revenue$1.51 billion - $1.52 billion$1.50 billion - $1.52 billion
FY 2024 Adjusted Fully Diluted EPS$6.65 - $6.70$6.60 - $6.70

Conference Call and Webcast

As previously announced, the Company will host a conference call and webcast on Wednesday, November 6, 2024, at 8:00 a.m. ET. To access the conference call or webcast, participants should register online at https://investor.lantheus.com/news-events/calendar-of-events.

A replay will be available approximately two hours after completion of the webcast and will be archived on the same web page for at least 30 days.

The conference call will include a discussion of non-GAAP financial measures. Reference is made to the most directly comparable GAAP financial measures, the reconciliation of the differences between the two financial measures, and the other information included in this press release, our Form 8-K filed with the SEC today, or otherwise available in the Investor Relations section of our website located at www.lantheus.com.

The conference call may include forward-looking statements. See the cautionary information about forward-looking statements in the safe-harbor section of this press release.

https://www.globenewswire.com/news-release/2024/11/06/2975570/0/en/Lantheus-Reports-Third-Quarter-2024-Financial-Results.html

TikTok Canada Unit Ordered to Dissolve Operations on National-Security Concerns

 Canada said Wednesday it ordered TikTok Technology Canada, the domestic unit of the social-media app's Chinese owner, to dissolve its business operations due to national-security concerns.

The decision follows a review and is on the advice of the country's security and intelligence agencies, said Industry Minister François-Philippe Champagne.

He said the extraordinary move is to address "specific national-security risks," but didn't elaborate. A spokeswoman for Champagne didn't immediately respond to a request for comment.

A spokeswoman for TikTok, which is owned by China's Bytedance, said the Canadian government's decision would eliminate hundreds of jobs, and isn't in anyone's best interest. She said the company would challenge Champagne's order in court.

Despite the order, the government won't block citizens' access to the TikTok app or their ability to post content on the digital platform, Champagne said. "The decision to use a social media application or platform is a personal choice," he said.

It was up to Canadians to "assess the possible risks of using social-media platforms and applications," such as how the information is protected and whether it is used by foreign actors, he said.

Canada has moved in recent months to align its policy vis-a-vis China closer to that in Washington. For instance, the Liberal government matched the Biden administration's 100% tariffs on Chinese-made electric vehicles, and a 25% surtax on imports of steel and aluminum products from China.

The U.S. government says China's potential ability to use TikTok to wage information warfare and spy on Americans represents a national-security threat and it argues that divestiture from Chinese ownership is the only assurance of defusing the danger. TikTok is attempting to prevent the U.S. government from forcing the social-media app to sever its ties with China via the courts.

Earlier Wednesday, Canadian Finance Minister Chrystia Freeland said government officials share the same concerns as Washington on China, in particular Beijing's "intentional policy" to flood the market with commodities.

President-elect Donald Trump, during his first term in office, wanted to ban TikTok. But this year, he reversed this decision and said Congress shouldn't ban TikTok over worries it could strengthen Meta Platforms' dominance in the social-media field.

The government's decision to ban ByteDance's Canadian unit but not the actual TikTok app was "curious," said Michael Geist, an internet-law professor at the University of Ottawa. "Banning the company rather than the app may actually make matters worse since the risks associated with the app will remain but the ability to hold the company accountable will be weakened," he said.

Last year, the Canadian government followed the lead of the U.S. and European Commission and banned the TikTok app from government-issued devices, citing an "unacceptable" level of risk to privacy and security.

https://www.marketscreener.com/news/latest/TikTok-Canada-Unit-Ordered-to-Dissolve-Operations-on-National-Security-Concerns-2nd-Update-48280734/

China says it respects America's choice, congratulates Trump

 China expressed respect for the U.S. election result and congratulated Donald Trump on his victory while an official newspaper called for a "pragmatic" approach to China-U.S. relations to handle their differences properly.

Trump, a Republican who has promised to implement stiff tariffs, recaptured the White House with a sweeping victory over Democrat Kamala Harris in Tuesday's election.

"We respect the choice of the American people and congratulate Mr. Trump on his election as president," a Chinese foreign ministry spokesperson said in a statement late on Wednesday.

State-run newspaper China Daily said in an editorial on Wednesday that Trump's second presidency could mark a "new beginning in China-U.S. relations if the chance that has been offered is not wasted."

The next U.S. administration can strengthen dialogue and communication with China to handle differences "which range from the Taiwan question to trade and to the South China Sea," it said.

U.S. policies and "misconceptions" towards China have posed significant challenges for relations, China Daily said.

"A pragmatic approach to bilateral relations is essential in navigating the complexities of global challenges."

The proper handling of China-U.S. relations, which the newspaper called the world's most important bilateral relationship, "not only serves the common interests of both countries but also will inject greater certainty and stability into the world."

https://www.marketscreener.com/news/latest/China-says-it-respects-America-s-choice-congratulates-Trump-48280747/

South Korea's Yoon, Trump discuss security ties, shipbuilding, Seoul official says

 South Korean President Yoon Suk Yeol held a telephone call with U.S. President-elect Donald Trump and discussed continuing close ties across all areas in security and economic fields, a senior South Korean official said on Thursday.

Yoon and Trump shared concerns over North Korea's deployment of troops backing Russia in the war against Ukraine and Pyongyang's continued military provocations including ballistic missile launches, the official told reporters.

"They shared the view they need to discuss these issues in person and agreed to meet at an early time once they are able to set a date and location," Yoon's deputy national security adviser, Kim Tae-hyo, said.

Trump noted South Korea's success in shipbuilding and vessel maintenance and said he looked forward to discussing more about how South Korea can aid the American shipbuilding industry, Kim said as he briefed reporters on the 12-minute phone call.

Yoon congratulated Trump on winning the presidency on the "Make America Great Again" slogan and said the success of the three-way cooperation between South Korea, Japan and the United States was due in part to the foundation laid by Trump's first presidency, Kim said.

https://www.marketscreener.com/news/latest/South-Korea-s-Yoon-Trump-discuss-security-ties-shipbuilding-Seoul-official-says-48280743/

'Psaki: Democrats Will Have A Conversation About Asking Biden To Step Aside'

 Former Biden press secretary Jen Psaki said during NBC's election night coverage that if Kamala Harris does not eke out a win in the blue wall states, the decision to ask President Biden to step aside as the Democratic candidate this summer will certainly be part of the Democratic Party's conversation.



"It will begin, depending on the outcome," she said. "If this is not a Harris win, that will certainly be part of the discussion. She's run a campaign over 107 days, that is not something we've seen in history, and there will be lots of questions about that -- the timing and the impact."

The Bad News Behind the Rise in Locum Tenens

 I’ve worked locum tenens off and on since 1982. Flexible schedules allowed me to write several books, pursue a parallel career as a medical journalist, lead medical missions in the Philippines, and develop modest expertise as an underwater photographer.

But the recent rise in locum tenens practitioners signals trouble for medicine.

A Multi–Billion-Dollar Industry

Roughly 52,000 US doctors work locum tenens full- or part-time. In annual reports by CHG Healthcare, two thirds of healthcare facilities surveyed report using locums and more than half expect to maintain or increase their use in 2024.

Another measure of the industry’s growth is that membership of The National Association of Locum Tenens Organizations (NALTO), formed in 2001 to lead this fledgling industry, has doubled since 2019. Currently, NALTO has 148 member agencies.

Why Locums?

What used to be the preserve of older physicians transitioning to retirement is now becoming a career choice. According to the 2024 Survey of Locum Tenens Physicians and Advanced Practice Professionals by AMN Healthcare, 81% of respondents said they started taking locum tenens assignments immediately after finishing medical training or in mid-career. What entices doctors to move from place to place, repeatedly adapt to new facilities and electronic medical records, live in cheap hotels, and work without paid vacations, health insurance, or retirement benefits? 

Supplemental income is one reason. But the elephant in the room is clearly burnout. Rates of burnout in practicing doctors and physicians-in-training have exceeded 50%. Burnout results in medical errors, malpractice suits, and increased healthcare costs. 

A recent Doximity poll of 7590 physicians revealed that 63% would not want their children to pursue a medical career. And in a Medscape survey of 7000 physicians, a third of docs under 40 would not choose medicine again if they had a do-over. If a career in medicine brings high income and privileged status, why do so many physicians regret it and discourage their children from taking the same path?

Where Is Marcus Welby, MD?

Private practice is an endangered species that no one is trying to save. According to a 2022 AMA survey, 44% of physicians owned their practices compared with 76% of physicians in the 1980s. Even fewer younger physicians are choosing private practice. Among physicians under 45 years of age, only 32% owned their practices. Most physicians are now employees, not employers. They have lost control over their duties and work hours. 

In 2022, barely 13% of physicians were in solo practice. The iconic Dr Marcus Welby of the 1970s TV series has transmuted from an idealized physician to an implausible figure. (My medical students have never heard of him.)

Hospitals and health systems have purchased many private medical groups. Private-equity companies own close to 1000 physician practices and staff up to 40% of emergency rooms. For these firms, profits are paramount.

Canary in a Coalmine

Locum tenens offers physicians unprecedented flexibility where they work, when they work, and how much they work. It provides an escape from overwhelming and unsatisfying clinical practice. While some physicians have fled to nonclinical careers, locums physicians can practice medicine without the burdens of administration, hospital politics, and ever-increasing overhead. 

The locum tenens paradox is that its successful growth indicates a deteriorating traditional healthcare model. Locum tenens is not the problem, but it’s also not the solution. At best, locums is a pair of crutches that helps the current system limp along.

Healthcare is increasingly controlled by those who prioritize profit, not patients. If physicians become nothing more than complicit cogs in a dysfunctional system, burnout will fester. The profession will fail to attract the best and the brightest, the doctor shortage will increase, and the quality of patient care will decline. Everyone will suffer. 

It’s already happening.

Andrew Wilner is an associate professor of neurology at the University of Tennessee Health Science Center, Memphis, and a seasoned neurologist and epilepsy expert who has mastered the less conventional locum career path. He is the author of four books, including The Locum Life: A Physician’s Guide to Locum Tenens, and hosts the podcast The Art of Medicine with Dr. Andrew Wilner.

https://www.medscape.com/viewarticle/bad-news-behind-rise-locum-tenens-2024a1000jpg