Examples of these diseases include hemophilia A and B and immunodeficiencies. They are used to treat a number of rare, chronic diseases resulting from inherited or acquired protein deficiencies. PPTs are a group of essential medicines extracted from human plasma through processes of fractionation. Plasma donation centers, like BioLife or CSL, are run by private, for-profit corporations which produce plasma protein therapies (PPTs). Between the years of 2006-2008, there was a 43 percent increase in the number of donations. The industry is one that helps millions of people worldwide, but it seems to also be one that relies on cash-hungry people to thrive. Since 2005, the number of donation centers has more than doubled. There are 601 plasma donation centers in the United States and 80 percent of these are located in America’s poorer neighborhoods. Since 2005, the number of donations has nearly tripled. gathered nearly 40 million collections the highest it’s ever been. In 2016, private collection centers across the U.S. More and more Americans are beginning to donate plasma for money to cover their everyday expenses. In addition to the increased demand of these medicines, commercial plasma protein therapeutic corporations are receiving a stark increase in supply. The 5-billion-dollar global plasma protein therapeutic industry is expected to exceed 31 billion dollars by 2024 due to the growing amount of plasma-based medicines, along with the increased prevalence of over two hundred life-threatening diseases including hepatitis A&B, tetanus, and even rabies, according a market analysis done by Grand View Research. Looking at plasma centers offers a window into how the working poor are struggling to survive amid their pronounced economic struggle in the United States, while plasma protein corporations are profiting from desperation and misfortune. This disparity coincides with the growth of the plasma industry. The average CEO to worker pay ratio among the first 225 of the Fortune 500 companies is 339:1. While unemployment remains at historically low levels, wages have continued to stagnate.Īlong with stagnant wages, income disparity is increasing. Plasma donations supply a multibillion dollar industry that is designed to take advantage of stagnant wages and income disparity many of the poorest workers in the country endure. “I'll do anything to make money as long as it’s legal,” Cody said outside of BioLife in Maple Grove. In fact, it seems the majority of people that we spoke with outside of the collection center donate plasma for the financial compensation.Ĭody works jobs in construction and sales while also studying at Anoka Technical College. “The money doesn’t cover the whole month, but we need it for extra things in the budget.” These extra things consist of her daughter’s softball fee and money towards a vacation.Ĭlaire is far from the only person who is donating her plasma because she is stretched for cash. “My husband and I lost our cleaning-service business three years ago,” the fifty-six-year-old said outside of her local BioLife plasma center. Claire has been donating plasma twice a week for 3 years.
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