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Pfizer Annual Revenue Doubled — to $81.3 Billion — Thanks to COVID Vaccines
the Defender Children's Health Defense News & Views ^ | 7-19-2022 | Dr. Joseph Mercola

Posted on 07/21/2022 12:12:33 PM PDT by Qiviut

Story at a glance:

According to Kaiser Health News (KHN), the COVID-19 pandemic has been a real boon to Pfizer. Not only has it yielded “outsize benefits” in terms of profits, but it has also “given the drugmaker unusual weight in determining U.S. health policy.”

“‘Based on internal research, the company’s executives have frequently announced the next stage in the fight against the pandemic before government officials have had time to study the issue, annoying many experts in the medical field and leaving some patients unsure whom to trust,’” KHN reporter Arthur Allen writes, adding:

“When last year Bourla suggested that a booster shot would soon be needed, U.S. public health officials later followed, giving the impression that Pfizer was calling the tune.

“Some public health experts and scientists worry these decisions were hasty, noting, for example, that although boosters with the mRNA shots produced by Moderna and Pfizer-BioNTech improve antibody protection initially, it generally doesn’t last.

“Since January, Bourla has been saying that U.S. adults will probably all need annual booster shots, and senior FDA [U.S. Food and Drug Administration] officials have indicated since April that they agree. …

“The company’s power worries some vaccinologists, who see its growing influence in a realm of medical decision-making traditionally led by independent experts. …

“When President Biden in September 2021 offered boosters to Americans — not long after [Pfizer CEO Albert] Bourla had recommended them — Dr. Paul Offit, director of the Vaccine Education Center at Children’s Hospital of Philadelphia … wondered, ‘Where’s the evidence you are at risk of serious disease when confronted with COVID if you are vaccinated and under 50?’

“Policies on booster recommendations for different groups are complex and shifting, Offit said, but the CDC [Centers for Disease Control and Prevention], rather than Bourla and Pfizer, should be making them.

“‘We’re being pushed along,’ he said. ‘The pharmaceutical companies are acting like public health agencies.’”

The fact that a vaccine-pusher like Offit — infamous for claiming a baby can safely tolerate 10,000 vaccines at once — is questioning and pushing back against Pfizer’s influence over health policy reveals just how brazen, unethical and potentially dangerous that is.

Massive profits made from useless products

According to Allen, Pfizer’s revenue in 2021 was $81.3 billion — approximately double that of 2020 — and the COVID shot accounted for $36.78 billion of that.

For comparison, Lipitor, Pfizer’s previous top-selling statin, generates roughly $2 billion a year, while their strep vaccine, Prevnar 13 rakes in $6 billion a year.

Its mRNA gene transfer injection against COVID now dominates 70% of the U.S. and European markets, and Paxlovid, Pfizer’s COVID drug, has become a standard treatment choice in hospitals. This, despite researchers finding Paxlovid (molnupiravir) causes severe rebound and supercharges mutations.

In a rational scenario, that finding would have put a stop to its use, but no.

In an official health advisory to the public, issued May 24, the CDC first warns that Paxlovid is associated with “recurrence of COVID-19 or ‘COVID-19 rebound,’” and then in the very next sentence stresses in bold print a narrative supporting its use and enriching Pfizer with instructions saying:

“Paxlovid continues to be recommended for early-stage treatment of mild to moderate COVID-19 among persons at high risk for progression to severe disease.”

Allen also notes that, during an investor call, a Pfizer official highlighted reports of Paxlovid’s failure, but spun it into “good news” for investors, as patients may require multiple courses!

Obviously, the objective has long ago shifted from helping humans to raping them for as much profit as possible.

Similarly, while Pfizer’s COVID jab clearly doesn’t prevent infection or spread, and Americans are rejecting the shots in growing numbers — 82.2 million doses had expired and were chucked in the trash as of mid-May — the U.S. government still went ahead and ordered another 105 million doses at the end of June.

These are intended for a fall booster campaign, at a cost to taxpayers of $3.2 billion. The U.S. is actually paying about 50% more for each of these new jab boosters this time around — $30.47 per dose compared to $19.50 per dose paid for the first 100 million doses.

The U.S. government has also promised to purchase another 20 million courses of Paxlovid, at an eye-watering cost of $530 per five-day course.

Basically, Pfizer is being financially rewarded for producing products that are useless at best and dangerous at worst, and we’re all paying for it. In case you’re curious, that is another $10.6 billion transferred from U.S. taxpayers to Pfizer.

Future boosters won’t undergo human clinical trials

After you likely thought it couldn’t ever get any worse, KHN also touches on, but doesn’t delve into, the fact that Pfizer suggested they skip human trials as they move forward with jabs that are reformulated for newer variants.

If this strikes you as crazy, you’d be right. It’s sheer madness, but the FDA — a captured agency — has already surreptitiously agreed to this egregious miscarriage of science.

How this wicked scheme, known as the “Future Framework,” was adopted by the FDA without a formal vote is explained by Toby Rogers, Ph.D. — a political economist whose research focus is on regulatory capture and Big Pharma corruption — in the video below.

He also explained it in a June 29 Substack article:

“Yesterday [June 28], the FDA’s Vaccines and Related Biological Products Advisory Committee [VRBPAC] approved a bivalent COVID-19 shot with the Wuhan strain and the Omicron variant. … Wait, hold up, I thought the FDA was voting on the Future Framework yesterday?

“The policy question was whether reformulated COVID-19 shots would be treated as new molecular entities (which they are) in which case they should be subject to formal review or whether reformulated shots would be treated as ‘biologically similar’ to existing COVID-19 shots and be allowed to skip clinical trials altogether.

“Apparently the FDA did not have the votes to just pass this as a policy question. If you ask anyone whether reformulated mRNA represents a new molecular entity, well of course it is, so that would require formal regulatory review.

“What the FDA did instead was to smuggle the policy question in disguised as a vote about reformulated ‘boosters’ for the fall.

“In essence, the FDA just started doing the Future Framework (picking variants willy nilly, skipping clinical trials) and essentially dared the committee members to turn down a booster dose — knowing that all of the VRBPAC members are hand-picked because they’ve never met a vaccine they did not like.

“So of course only two people on the committee had the courage to turn down a booster dose — even though it was based on this preposterous process (that was never formally adopted) where there was literally no data at all. …

“By stealth, the FDA replaced a system based on evidence with a system based entirely on belief.”

Countries held to ransom

In 2021, secret details of Pfizer’s contracts came to light, showing they are essentially holding countries hostage to non-negotiable demands for payment in full AND freedom from liability.

In late February 2021, The Bureau of Investigative Journalism reported that Pfizer was demanding countries put up sovereign assets as collateral for expected vaccine injury lawsuits resulting from its COVID-19 jab.

Several countries, including Brazil, Chile, Colombia, the Dominican Republic and Peru, agreed to this demand, putting up bank reserves, military bases and embassy buildings as collateral.

In short, these governments are guaranteeing Pfizer will be compensated for any expenses resulting from injury lawsuits against it, so the company won’t lose a dime if its COVID shot injures people.

Shockingly, these terms are binding even if those injuries are the result of negligent company practices, fraud or malice!

In October of that same year, Public Citizen published the secret contracts between Pfizer and Albania, Brazil, Colombia, Chile, Dominican Republic, the European Commission, Peru, the U.S. and the U.K., further revealing the extent to which these countries handed power over to Pfizer.

In almost all scenarios, Pfizer’s interests come first.

For example, government purchasers must acknowledge that the effectiveness and safety of the shots are completely unknown, all while indemnifying Pfizer against any and all financial liability.

This is the ultimate corporate maleficence, using their leverage to force the kill shot down these countries’ throats and avoiding any personal responsibility for damages.

Even if Pfizer eventually is convicted of fraud in the U.S. and loses all its liability protection from the COVID jabs because of it, that judgment would not impact these foreign contracts. These countries sold their souls to Pfizer and have absolutely no recourse but to pay even if the shots kill everyone.

The contracts for at least four countries also secure Pfizer’s intellectual property rights even if the company is found to have stolen the intellectual property (IP) rights of others. In such a case, the government purchaser becomes the liable party.

As explained by Public Citizen:

“For example, if another vaccine maker sued Pfizer for patent infringement in Colombia, the contract requires the Colombian government to foot the bill. Pfizer also explicitly says that it does not guarantee that its product does not violate third-party IP, or that it needs additional licenses.

Pfizer takes no responsibility in these contracts for its potential infringement of intellectual property. In a sense, Pfizer has secured an IP waiver for itself. But internationally, Pfizer is fighting similar efforts to waive IP barriers for all manufacturers.”

Equally shocking is that countries are forced to follow through on their vaccine orders even if other drugs or treatments emerge that can prevent, treat or cure COVID-19.

Is it any wonder, then, that governments around the world have suppressed the use of safe and effective outpatient drugs like hydroxychloroquine and ivermectin?

If these drugs were allowed to be used and could be proven to work, the COVID injections would be completely unnecessary and their emergency use authorization would disappear, yet governments are on the hook for hundreds of millions of doses.

Pfizer has ‘habitual offender’ track record

The fact that Pfizer has behaved like a criminal who works out a cover story for a planned murder before committing it is not surprising, considering its history. Pfizer has been sued in multiple venues over unethical behavior, including unethical drug testing and illegal marketing practices.

In his 2010 paper, “Tough on Crime? Pfizer and the CIHR,” Robert G. Evans, Ph.D., emeritus professor at Vancouver School of Economics, described Pfizer as “a ‘habitual offender,’ persistently engaging in illegal and corrupt marketing practices, bribing physicians and suppressing adverse trial results.”

Between 2002 and 2010 alone, Pfizer and its subsidiaries were fined $3 billion in criminal convictions, civil penalties and jury awards. They are recurrent criminal felons. None of these convictions has deterred their nefarious behavior.

In 2011, Pfizer agreed to pay another $14.5 million to settle federal charges of illegal marketing, and in 2014 they settled federal charges relating to improper marketing of the kidney transplant drug Rapamune to the tune of $35 million, as well as $75 million to settle charges relating to its testing of a new broad-spectrum antibiotic on critically ill Nigerian children.

As reported by the Independent at the time, Pfizer sent a team of doctors into Nigeria during a meningitis epidemic.

For two weeks, the team set up right next to a medical station run by Doctors Without Borders and began dispensing the experimental drug, Trovan. Of the 200 children picked, half got the experimental drug and the other half got the already licensed antibiotic Rocephin.

Eleven of the children treated by the Pfizer team died, and many others suffered side effects such as brain damage and organ failure. Pfizer denied wrongdoing. According to the company, only five of the children given Trovan died, compared to six who received Rocephin, so their drug was not to blame.

The problem was they never told the parents that their children were being given an experimental drug. What’s more, while Pfizer produced a permission letter from a Nigerian ethics committee, the letter turned out to have been backdated.

The ethics committee itself wasn’t set up until a year after the trial had already taken place. Pfizer’s rap sheet also includes bribery, environmental violations, labor and worker safety violations and more.

Wolves in sheep’s clothing

Now, despite Pfizer being one of the least ethical drug companies, we’re told to trust them with our very lives, and the lives of our precious children.

They’re going to put out booster shots this fall that have undergone no testing whatsoever, and we’re to simply throw caution to the wind because Pfizer — which has no liability whatsoever — says so.

In 2014, Pfizer faced a surge of lawsuits that accused it of hiding known side effects of its anticholesterol drug Lipitor. They got off scot-free that time, as a federal judge dismissed thousands of cases alleging the drug caused Type 2 diabetes. But at least they had liability and could be sued.

When it comes to the COVID jabs, injured patients and family members of those killed by it won’t even have the ability to sue for damages, as governments around the world have indemnified them completely, and it looks as though they might not even be liable even if they’re found guilty of fraud.

But we will have to see what the courts rule on that one. Still, that any nation would agree to a contract like that is just mindboggling.

Meanwhile, mounting evidence shows the COVID shots destroy immune function over time, and Pfizer’s own trial data reveal deaths and serious adverse events numbering in the tens of thousands.

It’s hard to tell who’s more deserving of punishment — Pfizer or the equally captured federal agencies, the FDA and the CDC, that go along with them and do nothing to protect the lives of the youngest members of our society.

Clearly, it’s up to us to protect ourselves and our loved ones, because wolves in sheep’s clothing are ruling the roost — they’re making all the decisions, and captured agencies are simply doing their bidding.

Originally published by Mercola.

The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views of Children's Health Defense.


TOPICS: Health/Medicine
KEYWORDS: bigpharma; covid; paxlovid; pfizer
Pfizer .... bad news for us, lots of $$ for them.

Since FJB is supposedly getting Paxlovid, here's what the article says about it ....

Allen also notes that, during an investor call, a Pfizer official highlighted reports of Paxlovid’s failure, but spun it into “good news” for investors, as patients may require multiple courses!

1 posted on 07/21/2022 12:12:33 PM PDT by Qiviut
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To: Qiviut

I wonder how much Pfizer stock Paul Pelosi owns....


2 posted on 07/21/2022 12:15:32 PM PDT by fhayek
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To: Qiviut

Everyone else had to lose jobs, see long established businesses close, lose careers, etc. We were all told it was “all in this together”. We were told our sacrifice was needed for the public good.

Pfizer should open source this med like the Salk Polio vaccine. They should only be about to be reimbursed for direct costs and every single penny of profit should go to a victims fund.

I always said if it really was a pandemic crisis, they would not be grubbing for cash. The way they act tells me it was all a grift for cash and power.


3 posted on 07/21/2022 12:18:09 PM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: DesertRhino

👍 YES!


4 posted on 07/21/2022 12:19:49 PM PDT by Qiviut (#standup "Don't let your children die on the hill you refuse to fight on.")
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To: Qiviut

If covid was what they claimed, they never would have tolerated the BLM riots, we would not have seen Newsom yucking it up with his friends at the French Laundry restaurant, or Pelosi getting a haircut when nobody else could.
The vaccines would have had all windfall profits removed.

Every sign points to covid as a grub for money and power, not as something they were truly terrified of.


5 posted on 07/21/2022 12:21:44 PM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: Qiviut
Can it be called "revenue" in a company's financial statements when it's grift?
6 posted on 07/21/2022 12:25:18 PM PDT by T.B. Yoits
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To: Qiviut

With the government pushing their product, I would love to see their advertising expenses, if they have any.


7 posted on 07/21/2022 12:27:34 PM PDT by JonPreston
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To: DesertRhino

.... we would not have seen Newsom yucking it up with his friends at the French Laundry restaurant, or Pelosi getting a haircut when nobody else could.

++++++++++++++++++++++++++++++++

Example from another country: BoJo & his buddies partying (more than once) when the rest of the country was locked down. The “Elites” were not afraid, despite the fear porn that they were visiting on the rest of the non-elites in countries around the world.

Personally, I’m not in a “forgive and forget” mood. I have relatives HURT by the jabs. One very close who was just diagnosed with an aggressive cancer .... another who is still an “asleep sheep” which has damaged our relationship ... not from my end, but she resents me for not being jabbed. Let’s just say that if gallows are ever built, I have a hammer and will be glad to drive some nails; although, I suspect these filthy murderers (and that’s being verbally ‘kind’) won’t see justice until they leave this earth.


8 posted on 07/21/2022 12:32:11 PM PDT by Qiviut (#standup "Don't let your children die on the hill you refuse to fight on.")
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To: Qiviut

Part of the steal.


9 posted on 07/21/2022 12:33:53 PM PDT by bray (The Vax is fake and deadly)
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To: bray

Part of the steal.

+++++++++++++++++++++

They’ve stolen LIVES, livelihoods, and so much more as well as $$.


10 posted on 07/21/2022 12:37:40 PM PDT by Qiviut (#standup "Don't let your children die on the hill you refuse to fight on.")
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To: Qiviut

That is all the information one needs. Just follow the money.


11 posted on 07/21/2022 12:37:40 PM PDT by Parley Baer
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To: Qiviut

Joe Biden was selling their snake oil too!
https://tv.gab.com/channel/schlista/view/biden-tells-people-they-wont-get-62d9738fa329f6ab0c10957b


12 posted on 07/21/2022 12:42:33 PM PDT by for-q-clinton (Cancel Culture IS fascism...Let's start calling it that!)
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To: for-q-clinton

FJB lies ... whenever his lips are moving, especially on anything COVID-related.


13 posted on 07/21/2022 12:47:52 PM PDT by Qiviut (#standup "Don't let your children die on the hill you refuse to fight on.")
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To: Qiviut

14 posted on 07/21/2022 1:12:44 PM PDT by HombreSecreto (The life of a repo man is always intense)
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To: Qiviut

$83B allows Phaser to buy a lot of good press and silence any critics. Networks don’t want to lose those sweet, sweet drug company ad dollars.


15 posted on 07/21/2022 1:29:19 PM PDT by Flick Lives
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To: Qiviut

What an interesting article. Mercola attacks the pharmaceutical industry for “Massive profits made from useless products.”

Mercola revealed his net worth in 2017 as over $100 million.

Mercola’s medical claims have been criticized by the medical, scientific, regulatory, and business communities. A 2006 BusinessWeek editorial stated his marketing practices relied on “slick promotion, clever use of information, and scare tactics.” In 2005, 2006, and 2011, the U.S. Food and Drug Administration (FDA) warned Mercola and his company that they were making illegal claims for their products’ ability to detect, prevent, and treat disease.Quackwatch has criticized Mercola for making “unsubstantiated claims [that] clash with those of leading medical and public health organizations and many unsubstantiated recommendations for dietary supplements”. Of Mercola’s marketing techniques, surgical oncologist David Gorski says it “mixes the boring, sensible health advice with pseudoscientific advice in such a way that it’s hard for someone without a medical background to figure out which is which.”

During the COVID-19 pandemic, Mercola spread misinformation about the virus and pseudoscientific anti-vaccine misinformation on social media platforms; researchers have identified him as the “chief spreader of coronavirus misinformation online”. He has been warned on many occasions by the FDA for selling unapproved health products, including supposed treatments for COVID-19. Mercola was banned from YouTube on September 29, 2021.

Mercola operates Mercola.com, which he has described as the most popular alternative-health website on the internet. The site and his company, Mercola LLC, brought in roughly $7 million in 2010 through the sale of alternative medicine treatments and dietary supplements. The site promotes disproven health ideas, including the notions that homeopathy can treat autism and that vaccinations have hidden detriments to human health. An article in BusinessWeek criticized his website as using aggressive direct-marketing tactics:

Mercola gives the lie to the notion that holistic practitioners tend to be so absorbed in treating patients that they aren’t effective businesspeople. While Mercola on his site seeks to identify with this image by distinguishing himself from “all the greed-motivated hype out there in health-care land”, he is a master promoter, using every trick of traditional and Internet direct marketing to grow his business ... He is selling health-care products and services, and is calling upon an unfortunate tradition made famous by the old-time snake oil salesmen of the 1800s.

https://en.wikipedia.org/wiki/Joseph_Mercola


16 posted on 07/21/2022 1:43:22 PM PDT by DugwayDuke (most pick the expert who says the things they agree with.)
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To: fhayek

Probably not as much as Fauci.


17 posted on 07/21/2022 1:58:30 PM PDT by mykroar (Democrats support both types of allowed thought: Marxist and Leninist.)
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