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

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

Loading

Read More