Posted on 11/08/2022 3:54:29 PM PST by Angelino97
Pfizer’s chief financial officer has described the Covid pandemic as a 'multi-billion dollar franchise' — and expects profit to continue.
David Denton told investors in an earnings call last week his company's vaccine and antiviral would still be 'relevant for many years to come'.
The CFO said he expects the Covid virus to be 'somewhat like a flu... but more deadly' — meaning therapeutics will still have a massive role in controlling the virus.
The company announced last month it will triple the price of its shot to up to $130 per dose next year — a far cry from the roughly $19 to $30 per dose that the government paid.
Some experts estimate each individual shot to cost just $1.18 to make — meaning the new price represents a 10,000 per cent markup.
Analysts speculate that the move was made so Pfizer could still meet its target of $32 billion of projected vaccine revenue this year.
Critics say that the decision shows the firm's greed. Peter Maybarduk, director of access to medicines at Public Citizen, told DailyMail.com that the firm was already in a good of financial position that they could take some loss.
Maybarduk also said that the firm has already made an 'obscene' amount of money, and will be ok if they do not meet revenue projections that were likely inflated anyways.
Pfizer was an early winner during the pandemic when it became the first company to get a Covid-19 vaccine approved for the US market. Subsequent vaccine mandates for healthcare workers and the military further drove up sales of vaccines.
The company projects $102 billion in total revenue this year with the vaccine and its antiviral Paxlovid - more than double the company's yearly revenue in 2019 ($40.9 billion) and 2020 ($41.7 billion).
(Excerpt) Read more at dailymail.co.uk ...
This Big Pharma HOGS are out of control.
There are four major Rx’s for seniors with GI issues. They are all priced at $550 ish a month.
Most copays for those on medicare is $80 a month.
Ads for these products on TV are claiming FOR NINETY DAY supply, pay as little as $30.
SUCH FRAUD. For seniors that’s $240 not $30. So no senior can get those rates.
SCREW BIG PHARMA.
Pfizer can Pfuckoff
Will health insurance companies be willing to pay $130 a shot, or whatever the contracted rate is, for a shot that causes $100k in medical bills for ICU care of a clot shot victim?
Pharmaceutical companies are some of the biggest donors Dems have. It’s why the Dems, MSM, Academia, and The Swamp attacked President Trump so viciously when he talked about the effectiveness of the Hydroxychloroquine, zinc, D3, combo.
There’s no money in that.
Money made off the misery of others is an old science.
How utterly disgusting. A moneymaking “franchise” like some comic hero film series.
Saw a reference recently to someone saying there’s not much money in discovering a cure but there’s a fortune in ongoing earnings from treating a disease that goes on.
Imagine if diabetes and arthritis were cured outright?
Good for us but billions lost in doctors’ visits, insulin, tablets, test strips, test devices and hospitalization.
-—and I already know how I’ll be saving 130 bucks this year.
At least make the shot saline or something harmless. Every death equals less profit.
They know that the lawsuits are coming so they have to grab as much as they can today.
We knew that this whole Covid thing was all about money and power.
At this point, they are going to have to find people who are willing to take them.
They can mark it up 100,000% for all I care because I won’t be taking it.
Equally infuriating as the funeral company (SCI) with their ungodly profits.
These people truly are evil.
May they reap what they have sowed….100x 100.
CAN’T take it with you and it WILL BE HOT DOWN THERE~!
Don’t forget all of their profits on their “treatments”, like the dangerous Plaxovid….and, treatments for the increased returning cancers, heart issues, etc.
Just vile.
AMEN!!!
Great graphic!
And who paid for the research?
Never hear a lot about Moderna and just about zilch concerning J&J. Why?
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