Once the Covid-19-vaccine was developed, many different companies launched their version at the same time, and the authorities started with the elderly because they were in the risk zone. First, you got one shot. But then, they said you needed a new one. And then a third one, and maybe four shots before you need to top it all with a booster.
Not only that. On top of that, you need to buy a test for you and your family. If everybody around the world can do that, and continue to do that for some time, I think it will be good business for the Big Pharma industry.
Big Pharma is doing a great job. They make medicines and vaccines that save lives. This is good. But, there is another side of the coin, and that isn`t good at all.
We all understand that corporations like Apple wants to sell as many phones as they can to the whole world. But what if Big Pharma does the same? The more sick people are, the more they earn. And investors like it and want more.
Many of the Covid-19-vaccines are paid by «We the people.» What they got in return is a vaccine, and the more they sell, and the higher the prices are, the more they earn. So, sick people are a great business.
Pfizer came out with an earnings report yesterday (Feb 8), and CEO Alberta Bourla said it expects 2022 sales of its Covid-19 vaccine and antiviral pill to top $54 billion, according to Reuters. Sales for its oral Covid-19 antiviral, Paxlovid, could be «way bigger» than Pfizer has to forecast.
Pfizer executives said the company is in active discussions with over 100 countries about Paxlovid and has the capacity to top 120 million courses if needed. Pfizer developed the covid-19 vaccine with Germanys BioNTech SE.
According to Peoples Vaccine Alliance, the companies behind two of the most successful Covid-19 vaccines (Pfizer, BioNTech, and Moderna) are making combined profits of $65,000 every minute.
That`s about $1,000 every second.
Overall, Pfizer expects 2022 sales of $98 billion to $102 billion. By comparison, the commercial recorded music industry grew by 7,4% to a total value of $31,6 billion in 2021.
So, if you want to invest your money for a big profit, you should invest in corporations that earn money on sick people. Not corporations that make people happy. The music industry.
According to Peoples Vaccine Alliance, Big Pharma earn money thanks to their patent monopolies for successful vaccines against the coronavirus, development of which was supported by $100 billion in public funding from taxpayers in the U.S, Germany, and other countries, the three corporations earned more than $26 billion in revenue in the first half of the year, at least two-thirds of it as pure profit in the case of Moderna and BioNTech.
According to Fortune, Germany funded the development of Pfizer`s Covid vaccine. Not U.S`s Operation Warp Speed.
The Alliance also estimates that the three corporations are over-charging, pricing vaccines by as much as $41 billion above the estimated cost of production.
Big Pharma`s business model is clear; receive billions in public investments, charge exorbitant prices for life-saving medicines and pay little tax.
This is gold dust for wealthy investors and corporate executives but devastating for global public health.
Instead of partnering with governments and other qualified manufacturers to make sure that we have enough vaccine doses for everyone, these pharmaceutical companies prioritize their own profits by enforcing their monopolies and selling to the highest bidder.
Profits before people.
In the first half of 2021, Moderna paid a 7% US tax rate and Pfizer paid a 15% tax rate, well below the US statutory rate of 21%. BioNTech which is a German startup that produced the recipe for the Pfizer vaccine paid a significantly higher tax rate of 31% tax rate in Germany.
New estimates of the cost of production for the successful mRNA covid vaccines suggest they can be produced for as little as $1,18 a dose of COVAX. Available reported prices to suggest that governments worldwide are paying between 4 and 24 times more than they could be for Covid-19 vaccines.
In other words; the cost of vaccinating the world against Covid-19 could be at least five times cheaper if pharmaceutical companies weren`t profiting from their monopolies on Covid vaccines. This is money you could spend on education and happiness.
The world is now talking about booster shots and realizing how much power has been vested in the hands of vaccine makers. They can hold the government hostage. They can force people to pay through their nose.
The CEO of Pfizer has suggested potential future prices of as much as $175 per dose. That`s 148 times more than the potential cost of production. If you need a booster shot every single year of the foreseeable future, vaccine companies can dictate every single line and clause in their top-secret contract to the governments around the world. It sounds like a vaccine robbery.
There is no doubt; Big Pharma is dangerously powerful. They decide who`s gonna live and die, and governments around the world are the only ones to do something about it. They should be there for the people.
Truckers and other people around the world are protesting against the government and their vaccine mandates and the crowd are growing bigger and bigger. Journalists and MSM say; «Take the vaccine!» «Take the vaccine!»
Leftist Marxist media and the governments are dividing people, claiming that the protesters are unvaccinated, fringe minority, misogynist, extremist, Trump-supporters, Nazis, Domestic terrorists, QAnon supporters, White supremacists, Homofob, Sexist, Racist, and so on. This is how they always smear the right side. This is how they always demonize people on the right side. This is a classical “we” versus “them.” Tell me; Is this how you unite people?
Pfizer is accused by a former senior US health official of «war profiteering» during the pandemic. Tom Friedman, who was director of the US Centers for Disease Control (CDC) and Prevention under Barrack Obama, said: «If you`re focusing on maximizing your profit and you`re a vaccine manufacturer, you are war profiteering.»