Tag: Moderna

Profiting off the COVID Vaccine: Big Pharma Hauls in Big Dollars from the World’s Pandemic Misery

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Stop Greed

You gotta hand it to them. A united front in pharma-land to keep the profits rolling in. When the outcry over the rising cost of prescription drugs erupted — 30% of patients cannot afford to take their prescribed doses — drug company flacks tut-tutted and came up with a refrain they repeat over and over: “[Increased prices are] necessary to support investments that allow us to continue to discover new medicines and deliver those breakthroughs to the patients who need them.” Balderdash! Even a committee of the bought and paid for House of Representatives was forced to admit: “…prices have skyrocketed over the last few decades… these same companies’ have dedicated more and more of their funds to enrich shareholders or to purchase other companies to eliminate competition.” Now pharma has come up with a new wrinkle. The CEO of the world eighth largest drug company, Pfizer, one of three vaccine makers, — revenues of over $42 billion in 2020 — took it upon himself to announce that every American would need at least one booster shot and a COVID vaccination ever year. That announcement more than quadrupled projections for Pfizer’s future revenues from the vaccine. Is the CEO of any drug company particularly one with such an obvious conflict of interest competent to make healthcare decisions affecting every American? Before you decide, check out “Profiting off the COVID Vaccine: Big Pharma Hauls in Big Dollars from the World’s Pandemic Misery”

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Profits Over People: Not Big Pharma’s Finest Hour

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Profits Over People

Melinda Gates, wife of the third richest person in the world, whose foundation has given $156 million to vaccine makers was interviewed by the New York Times on December 7. She was asked to comment “on the rise in vaccine hesitancy.” Her answer ““We’re at a point of a lot of distrust in the country… Disinformation is just too easy to spread and, that’s going to cost people their lives.” Not true. “Vaccine hesitancy” has a far more serious and disturbing cause. Throughout the course of the pandemic’s rampage in the U.S., the public has been bombarded with half-truths, unreliable guidance, and the obscene spectacle of vaccine makers circling the pot of gold that awaits the winner of the vaccine sweepstakes claiming success via press releases instead of peer-reviewed journals. It appears that the priority in the U.S. profit-at-any-cost healthcare system is on profits not saving lives. Sorry, Melinda, what we have here is not a bunch of anti-vaxx ‘crazies’ but a healthcare system where anything (profitable) goes. “Reporting the covid-19 vaccine trial results in press releases before publication in journals is neither good scientific practice nor does it help to build public trust in vaccines.” [editorial in the British Medical Journal] Are the oligarchs trying to confuse us by claiming that realistic demands for more public information, more documentation, more reliance on the scientific method are really “disinformation?” Check out “Profits Over People: Not Big Pharma’s Finest Hour” and decide for yourself.

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