Covid vaccine profits mint 9 new pharma billionaires

CNN Business ^ | May 2021 | Hanna Zlady

[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...

[Jane Long]

Yes....do you have a link to that $30K reward offer, for the Salk vax?

Didn’t pop up in a search, but, I did find this very interesting timeline.....

https://phoreveryoung.wordpress.com/2015/05/14/the-worst-cover-up-in-the-history-of-the-world-vaccinations-are-monkey-business/