Posted on 05/21/2021 1:21:36 PM PDT by CondoleezzaProtege
London (CNN Business)Covid-19 vaccineshave created at least nine new billionaires after shares in companies producing the shots soared.
Topping the list of new billionaires are Moderna(MRNA) CEO Stéphane Bancel and Ugur Sahin, the CEO of BioNTech (BNTX), which has produced a vaccine with Pfizer (PFE). Both CEOs are now worth around $4 billion, according to an analysis by the People's Vaccine Alliance, a campaign group that includes Oxfam, UNAIDS, Global Justice Now and Amnesty International.
Senior executives from China's CanSino Biologics and early investors in Moderna have also become billionaires on paper as shares skyrocketed, partly in expectation of profits earned from Covid vaccines, which also bode well for the companies' future prospects. The analysis was compiled using data from the Forbes Rich List. Moderna's share price has gained more than 700% since February 2020, while BioNTech has surged 600%. CanSino Biologics' stock is up about 440% over the same period. The company's single-dose Covid-19 vaccine was approved for use in China in February.
Activists said the wealth generation highlighted the stark inequality that has resulted from the pandemic. The nine new billionaires are worth a combined $19.3 billion, enough to fully vaccinate some 780 million people in low-income countries, campaigners said...
(Excerpt) Read more at cnn.com ...
How much did Fauxi make?
The vaccine industry is pure evil
The vaccine theory is pure fraud
Prove me wrong
When there was a $30,000 reward offered in 1952 to 1960 for anybody that could prove that the SALK vaccine was real
nobody ever took them up on it nobody could ever prove that it wasn’t a complete and utter fraud then
in 1955
The beat goes on
Think about it for a minute
you’re letting the government inject whatever they want to
Directly into your bloodstream.
They say “trust us”
Trust me I know that the scariest thing is nearly the entire medical establishment is behind the vaccine theory
Doctors have had it ingrained in school from day 1
There’s a lot more folks who got wealthy. Check the stock market. And there’s a lot more to come when they tell you a booster is necessary....or you’re all gonna die.
That is Capitalism 101. I take it you do not like capitalism.
If you had the brains to create a vaccine, you could be a Billionaire as well, and I would not begrudge your success.
No, it’s not capitalism 101. These guys are putting out a product and have no liability.
Exactly, this is more like socialism. They create this shot, it is not tested for long term issues, people are being shamed and soon to be forced to be part of this experiment in order to buy and sell.
Socializing losses.
Which is a lot like capitalism, except that it ain't, as you pointed out.
Imagine that......
then think of all those who profited and were made millionaires, or just a heck of a lot better off
Meanwhile there seems to be zero profit incentive for anyone to get to the bottom of how Covid truly originated in the first place and for curing a multitude of other illnesses — like cancer, many patients of whom had screenings delayed due to Covid.
I agree on the delays for cancer screening and heart disease etc. due to restrictions and lockdowns due to the China virus.
It was a giant conspiracy to take down president Trump, and sadly it succeeded.
Well, at least it something useful along the way.
Am I supposed to be upset that people who make products that people want make lots of money? Used to be that being a smart businessman got you praise from people on the right and it was people on the left like Bernie Sanders and Elizabeth Warren who cried about how terrible it was that you actually made a profit.
I guess nobody likes successful people now. Not a great way to incentivize hard work and smart decisions: if it works, everyone hates you.
Still a totally (loser) provaxxer, eh?
Next you’ll tell us that the CCP Wuhan flu is not a biological warfare PLANdemic akin to bubonic plague and Ebola even though 99.97% (or more) survivable.
add you to post 15
A reminder that there is more at stake and than the true common good. And the balance is everything. We run into problems when:
1) Cheaper drugs or other treatments are being stigmatized even if they may be of crucial, even life saving benefit.
2) Diseases that have gone without screening during the pandemic remain incurable due to lack of incentive and profit motives into research.
Etc...
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Do you have a citation for that?
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