Monday, May 29, 2023
INBV News
Submit Video
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • Podcasts
No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • Podcasts
No Result
View All Result
INBV News
No Result
View All Result
Home Health

Why So Many Companies Want U.S. Blood

CNBC by CNBC
July 15, 2022
in Health
395 4
42
548
SHARES
2.5k
VIEWS
Share on FacebookShare on Twitter

In America, blood means big business. America’s blood makes up 2.69% of U.S. exports, according to the U.S. Census Bureau. Since there is no substitute for human blood, demand can be hard to meet. Over the pandemic, the Red Cross announced its first ever national blood shortage crisis. The shortage prompted the FDA’s 12-month blood donation deferral for men who have sex with men to be shortened to three months time. Advocates want the FDA to follow the science and do away with the ban altogether, following countries like Italy and Spain which have done the same. But outside of the clinic, blood plasma becomes a product.

Grifols, CSL Plasma, Takada’s Biolife and Octapharma are huge players in the plasma collection space and donors are compensated for their donation. Increasingly, plasma donations are becoming an economic coping mechanism for low income communities. Watch the video about to learn more about how the weird economy of blood works, why the U.S. is such a major player and what makes plasma so valuable.

RELATED POSTS

Wildfire smoke harms health even at low concentrations, doctor says

Illumina shareholders oust board chair, CEO survives Carl Icahn battle

“There are still sporadic shortages,” Dr. Claudia Cohn, chief medical officer of the Association for the Advancement of Blood & Biotherapies, told CNBC.

An early pandemic shortage prompted the FDA to loosen its restriction, which stems from the 1980s AIDS crisis, on accepting blood donations from men who have sex with men. Advocates want the FDA to follow the science and do away with the ban altogether, as have countries such as Italy and Spain.

“There is still government policy that stigmatizes gay and bisexual and other men who have sex with men and carries forward this false notion that there is something inherently diseased about being gay,” Jason Cianciotto, vice president of communications and public policy at Gay Men’s Health Crisis, told CNBC.

A 2014 report found that allowing this community equal access to donating blood could increase the blood supply by 2% to 4% every year.

Grifols, CSL Plasma, Takeda’s Biolife and Octapharma are huge players in the blood collection space, particularly plasma, and donors are compensated.

“Plasma donation [centers] are advertising $900 for your first month giving plasma,” Analidis Ochoa, a doctoral candidate studying social work and sociology at the University of Michigan, told CNBC. “Then it goes down. Usually people can make $30 to $50 each time they go.”

In most countries, blood donation for compensation is banned, but not in the United States. So, the U.S. supplies 70% of the world’s plasma, according to the Niskanen Center.

“What myself and colleagues have worked on is mapping out the location of plasma centers and seeing if there’s a correlation between the address of the center and the poverty level of the area. And what we have found is that they are, in fact, overrepresented in high-poverty areas,” Ochoa said.

She said that plasma donation for compensation is becoming an economic coping mechanism.

“The fact that I got rewarded for donating has kept me donating, because I couldn’t make it otherwise. I couldn’t buy gas. I couldn’t pay my car insurance,” Teresa Clark, a plasma donor, told CNBC. “I can make $650 to $700 a month … and that helps a lot when you’re on a fixed income.”

» Subscribe to CNBC:
» Subscribe to CNBC TV:
» Subscribe to CNBC Classic:

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:

#CNBC

Why So Many Companies Want U.S. Blood

source

Tags: banbiolifebloodbreaking newsbusiness newscablecable newsCNBCcompaniescoronavirus updatecovid newscsl plasmadonationdonorExportfdafinance newsfinance stockfinancial newsgaygriffonshealth news australiahealth news europehealth news todayhealth news usa todaylatest news todaylegalLGBTQlow incomemoneymoney tipsnews channelnews stationnews todaypaid donationsplasmaPRIDERed Crossshortagestock marketstock market newsstocksU.SUnited Statesus newsworld news
Share219Tweet137
CNBC

CNBC

Related Posts

edit post

Wildfire smoke harms health even at low concentrations, doctor says

by INBV News
May 29, 2023
0

Respirologist Dr. Samir Gupta says there are each immediate and long-term health effects from exposure to wildfire smoke, which ...

edit post

Illumina shareholders oust board chair, CEO survives Carl Icahn battle

by INBV News
May 27, 2023
0

Rafael Henrique | Lightrocket | Getty ImagesActivist investor Carl Icahn on Thursday won enough support from Illumina shareholders to oust...

edit post

FDA approves Pfizer Covid drug for high-risk adults

by INBV News
May 27, 2023
0

The Food and Drug Administration on Thursday granted full approval to Pfizer's Covid antiviral pill, Paxlovid, for adults who are...

edit post

How Dexcom and Abbott are moving beyond diabetes

by INBV News
May 26, 2023
0

In response to the Centers for Disease Control and Prevention, greater than 37 million people within the U.S. have diabetes....

edit post

TFC News Now North America | May 8, 2023

by INBV News
May 26, 2023
0

FilAm Nevada nurses urge motion on medical expert shortage • Jackie Buntan KOs Diandra Martin in 1st ONE championship ...

Next Post
edit post

Council approves second entertainment district

edit post

End to political drama in Maharashtra: Eknath Shinde becomes Maharashtra's next CM | WION

Comments 42

  1. Jordon Cole says:
    11 months ago

    They give you 25$ and make 3000 off it

  2. TRUTH•NATION•TV says:
    11 months ago

    The United States has turned to Sh*t.

  3. K W says:
    11 months ago

    I wrote a report for a class in college almost 20 years ago regarding blood donation is a "for profit" scheme, I got an "F" for it. Im so glad that the comments show that the people now know the truth. You may be "donating" your blood free of charge. But hospitals charge patients big money for that "free" donation. I hope that the general public will also start to know the truth that receiving blood is also a scam that doesn't even help the body heal.

  4. Herman Rogers says:
    11 months ago

    Ain’t no way in hell I will sell my blood and I pray that I never need anybody’s blood

  5. Gizmo Ortiz says:
    11 months ago

    Cmon guys pick up the slack 🤣

  6. Gizmo Ortiz says:
    11 months ago

    Y’all remember OJ had aids but got cured 🤔 the rich and government probably have the cure to cancer as well as aids but they’d make more money off “treatments” and all that rather then sell or give out the cure🤷‍♂️

  7. Eta Okha says:
    11 months ago

    Am a mother with a sickle cell disease son and am dreading the time he'll be needing blood transfusions

  8. Chelsea York says:
    11 months ago

    It must be people of color in other states but my town in Indiana was solely white I honestly don't think I saw more then maybe 2 black ppl ever there and $20 isn't worth the strain it puts on yourself so 👏🏻

  9. Gustavo C says:
    11 months ago

    Donate my blood? So private institutions can sell and profit of of it? How about I sell u my blood

  10. YummyPie532 says:
    11 months ago

    Lmao they take your blood for free to sell it. it's why I don't donate anymore. You want my blood? you buy it.

  11. sidney eddyson says:
    11 months ago

    instead of killing criminals or anybody for that matter, let us just transform them into blood bags.

  12. Jenrhem Gotcha says:
    11 months ago

    I stopped donating because they kept messing up my arm

  13. SOVIETUNION _324 says:
    11 months ago

    imagine if there was no thumbnail on the video and it was only just the title

  14. 1YourLocal_Weeb13 :3 says:
    11 months ago

    Coincidentally my name is Andrea-

  15. The_Wiki says:
    11 months ago

    Ah, yet another way for corporations to extract money from our health in the USA.

  16. Darius Bagdonas says:
    11 months ago

    late stage capitalism

  17. markiemarkbowman says:
    11 months ago

    And now monkey pox..good reason to worry

  18. Dylan🇺🇲 says:
    11 months ago

    Well, at least we're good at producing/exporting something, besides liberal tyranny.

  19. Sandra W says:
    11 months ago

    I went through hell during my last surgery because I refused to receive any blood transfusion I'm the event of an emergency. Those doctors hounded the crap put of me for more then an hour.

  20. Judah Watcher says:
    11 months ago

    Vampires

  21. Lique says:
    11 months ago

    Read “April Fools Day” that may shed some light on why it is a danger for gays to donate. I do not believe it is to discriminate but it is regarding possible health issues.

  22. Cheyenne Meredith says:
    11 months ago

    Lady speaks of the importance of donating and not once refers to donors as "we" or "us".

  23. AllABOUT Bowie says:
    11 months ago

    Honestly my veins are too small

  24. Jerrica Bouldin says:
    11 months ago

    I stopped donating because they never use it on poc’s who needed it and they actually take blood from poc’s more than just the necessary my personal opinion

  25. Lisa Kemmoune says:
    11 months ago

    We sell blood to save a life, we sell sperm, eggs to create a life. 🤔

  26. PL Fong says:
    11 months ago

    OMG, America is exporting AIDs.

  27. Joseph Sogla says:
    11 months ago

    So I was born in England and live there for the first two years of my life, and came to America in 1991 and with the whole mad cow's disease I'm not allowed to give blood in America cause I lived in England for more then 6 months before 1996, I wish I could give blood in this country but I can't cause of that.

  28. D Gonzalez says:
    11 months ago

    I’m sure if they paid people a respectable amount of money for a whole or double red donation, you would solve the blood shortage and companies and hospitals would still profit. It’s just greed that is the issue.

  29. Hakim says:
    11 months ago

    Vampires!!!!!

  30. Trudie Rochel says:
    11 months ago

    I wonder if unvaxxed peoples blood is more in demand?

  31. Peter Borchek says:
    11 months ago

    Yea American slaves. I weight 277 so they take more from me because its actually done by weight. This video did not say that., BTW i donate plasma. The next day is crazy. I went to sleep with my wife at 11pm. Woke up at 8am with her went back to sleep till noon. watched 30 mins of tv at 1230 went bact to sleep and woke up at 3pm that was today!!! I only made 65 dollars for a single donation. In this video the say you make 100 thats not true in chicago

  32. Spark Dee says:
    11 months ago

    👏🏾👏🏾👏🏾this wicked place is done 👏🏾👏🏾

  33. Francisco R says:
    11 months ago

    This should be illegal that they setup in poor neighborhoods just to take advantage of those who need money to survive. They have not conducted any studies to see if donating blood per week for 10 , 15, 20 , 30 years can cause any medical problems. What if later we find out it can lead to cancer will these companies pay for medical treatment for those who donated.

    You donate and then they give you 50 dollars. Sell it to hospital for 2 to 3 thousands per pint , and the hospital charges the patient or insurance companies 10 – 20 thousands per pint.

    I will only donate to a family or close friend.

  34. TonicofSonic says:
    11 months ago

    Russel brand said it best, we have become so useless to the rest of the world that our blood is our greatest offering.

  35. Bart Biniecki says:
    11 months ago

    So American's donate blood and our government sale it! Fu!@ you!
    Never donating blood again!

  36. Suzie says:
    11 months ago

    Hmm how much can people make from one blood donation? If they do sell it..

  37. Yufeng yan says:
    11 months ago

    Lol

  38. Spencer says:
    11 months ago

    Dont forget blood bags tend to expire after about 42 days and in 6 months' time completely useless which is why theirs always a constant need for supply and constant shortages no matter how much you donate any that's left over gets thrown out and they need more and even more so in case if you have a rarer blood type.

  39. Go Dye says:
    11 months ago

    Biological warfare 🤷🏾🤦🏾🤦🏾🤦🏾🤦🏾

  40. Mr. Right says:
    11 months ago

    All I got was cookies and cranberry juice! So they are paying people for blood and as much as 900 dollars. That’s crazy, the best way is to go colleges and high schools and ask students. Was very healthy and gladly gave however it was still a shock on the body, can’t imagine someone in their 60s giving.

  41. Gotus Gotus says:
    11 months ago

    Teresa's situation is sad but I'm almost certain she didn't donate blood back in the day as a young adult. Boomers had it easy, and now that shes dealing with high costs in 2022 like us millennials/gen-z, she talks like those bills she has to pay for are the worst. High-priced bills are one of the many struggles us millennials/gen-z have dealt with. It doesn't surprise me that the other lady tells us we have to pick up the slack lol

  42. Kristyn Hoffner says:
    11 months ago

    The white layer in the middle is not platelets and WBCs. It’s serum separator 🤦🏻‍♀️🤦🏻‍♀️🤦🏻‍♀️

MOST VIEWED

  • edit post

    24 News Live TV | Malayalam News Live | HD Live news | Twentyfour News

    671 shares
    Share 268 Tweet 168
  • Interview: Fra’ John Dunlap, Pope Francis’ pick for the Order of Malta’s latest leader

    586 shares
    Share 234 Tweet 147
  • Buffalo man William Clay found frozen on street during historic winter storm

    578 shares
    Share 231 Tweet 145
  • Full bodycam: Nashville police encounter school shooter

    577 shares
    Share 231 Tweet 144
  • today’s fresh news .. Floods in many states. news today.. top news today

    565 shares
    Share 226 Tweet 141
INBV News

We Bring You The Best News About Business, Politics, Sports, World News, Technology, Weather, Lifestyle, Health, Travel & Entertainment.

CATEGORY

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Videos
  • Weather
  • World News

SITE LINKS

  • About us
  • Contact us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA

Subscribe To Our Newsletter

Check your inbox or spam folder to confirm your subscription.

  • About us
  • Contact us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA

© 2022. All Right Reserved By Inbvnews.com

No Result
View All Result
  • Home
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Politics
  • Sports
  • Technology
  • Travel
  • Weather
  • World News
  • Videos
  • Podcasts

© 2022. All Right Reserved By Inbvnews.com

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist