Vaccine Pager makes $ 1,000 per SECOND

Revealed: Vaccine Phaser earns $ 1,000 per SECOND

Companies that currently produce the most successful coronavirus vaccines earn $ 1,000 every second, the People’s Vaccine Alliance announced.

$ 65,000 per minute

According to the organization, Pfizer, Moderna and Biotech make a combined profit of $ 65,000 every minute.

The data, based on the latest company reports, were published at the moment when the executive directors of the pharmaceutical industry meet at the STAT summit, which brings together prominent personalities and companies from the world of pharmacy and medicine.

The companies sold most of the doses of kovid vaccines to rich countries, leaving poor countries at the mercy of the virus, the Alliance claims.

Pfizer and Biotechn delivered less than one percent of their total stockpile of vaccines to low-income countries, while Moderna delivered only 0.2 percent, so 98 percent of the population in poor countries has not been vaccinated.

African Alliance: Companies use monopoly

Maza Sejoum of the African Vaccine Alliance said the companies used their monopolies to give priority to the most profitable contracts with the richest governments, while leaving low-income countries aside.

The announcement claims that despite receiving over $ 8 billion in public funding, the three corporations have rejected calls to urgently transfer vaccine production technology, knowledge and experts to poor countries.

While Pfizer CEO Albert Burla described the call to share vaccine prescriptions as “dangerous nonsense,” the World Health Organization’s approval for the emergency use of the Indian vaccine Covaxin says developing countries are also capable of producing vaccines.

According to estimates by Pfizer, Biotechn and Moderna will make a profit of about $ 34 billion this year, and the monopolies that these companies have produced five new billionaires during the pandemic.

Suspend intellectual property rights

The People’s Alliance for Vaccines, which has 80 members, including the African Alliance, has called on pharmaceutical companies to immediately suspend intellectual property rights to vaccines, tests and other medical tools against coronavirus.

They also demand that the government, including the United States, use its legal and political mechanisms and require corporations to share data, knowledge and technology on coronavirus.

Source: BIZLife

Photo: beta/AP

Source: BIZlife by

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