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Pfizer cashes in on pandemic: Pharma giant plans to sell its vaccine with a 10,000% markup — despite revenues tripling and CEO pocketing $50m during Covid crisis
Daily Mail ^ | October 26, 2022 | Mansur Shaheen

Posted on 10/26/2022 3:42:48 PM PDT by Angelino97

Pfizer has been accused of 'daylight robbery' after it emerged the company plans to sell its Covid shot with an estimated 10,000 percent markup in the US next year — despite enjoying extraordinary surges in profits during the pandemic.

Once the government uses up the doses it has already bought, Pfizer will hike the price to as much as $130 for a single dose of the vaccine which is estimated by some experts to cost just $1.18 to make.

Health insurers are expected to cover the cost of the shots for those who have coverage, but wall street analysts warn that it will cause upward pressure on insurance premiums...

Pfizer was one of the major winners of the pandemic. While lives and businesses crumbled amid lockdowns and disruptions to life during Covid, the New York City firm became a household name...

Pfizer projects $102billion in total revenue this year with the vaccine and Paxlovid - its antiviral pill backed by the White House to treat Covid - leading the way.

This is more than double the company's yearly revenue in 2019 and 2020 - before the jabs came out - this is nearly double the $40.9billion and $41.6billion earned the two years prior.

The company's leaders have benefited greatly from this endeavor as well. CEO Albert Bourla is estimated to make around $50million across 2021 and 2022.

Dr Ugur Sahin, the brains behind the Covid shot and CEO of Pfizer's German partner BioNTech, is among nine 'vaccine billionaires' who emerged during the pandemic.

He has an estimated net worth of $4billion, a figure which rapidly rose over the past two-and-a-half years.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: albertbourla; arrestalbertbourla; covid; pfizercashcow; ugursahin; vaccine; warcriminal
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Business is good when the government buys your product and forces people to use it.
1 posted on 10/26/2022 3:42:48 PM PDT by Angelino97
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To: Angelino97

Where’s the fat Pfizer woman running away?


2 posted on 10/26/2022 3:45:30 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Angelino97

I watched a youtube video yesterday and there was a 30 second ad for Moderna’s vaccine. Couldn’t even skip it after 5 seconds. They too are flush with taxpayer cash.


3 posted on 10/26/2022 3:50:44 PM PDT by monkeyshine (live and let live is dead)
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To: Angelino97

Pfizer can Pfuckoff


4 posted on 10/26/2022 3:50:48 PM PDT by Rural_Michigan
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To: Angelino97

Nuremberg II


5 posted on 10/26/2022 3:52:44 PM PDT by A strike (LGBFJRoberts)
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To: Angelino97

Leftists crying foul when Pfizer makes money off of vaccines is like the girlfriend and witness of a serial killer’s murdering children crying when he smacks her.


6 posted on 10/26/2022 4:01:54 PM PDT by lavaroise
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To: monkeyshine

I sadly have a niece lobbying for Moderna in France, and all these people care about is passing Pfizer in fiendishness and fiendish success. It is disgusting


7 posted on 10/26/2022 4:03:28 PM PDT by lavaroise
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To: Angelino97

Ka-ching!


8 posted on 10/26/2022 4:12:27 PM PDT by Jeff Chandler (THE ISSUE IS NEVER THE ISSUE. THE REVOLUTION IS THE ISSUE.)
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To: lavaroise

Poor martin shkreli is chewing nails right now.


9 posted on 10/26/2022 4:14:35 PM PDT by Qwapisking ("IF the Second goes first the First goes second" LStar)
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To: lavaroise
If there is ever an update to the history book Bloodlands, Pfizer management will get a whole chapter to themselves.
10 posted on 10/26/2022 4:16:16 PM PDT by Chad C. Mulligan (CNN)
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To: Angelino97
Follow the $cience!
11 posted on 10/26/2022 4:29:14 PM PDT by lightman (I am a binary Trinitarian. Deal with it!)
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To: Angelino97

I got a lot of family who will gladly pay up for it. That’s OK, they probably think I’m “touched.” Just joking, I hope and pray that my family and friends will all be ok.


12 posted on 10/26/2022 4:35:57 PM PDT by TBall
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To: Angelino97

How many dollars per victim?


13 posted on 10/26/2022 4:37:16 PM PDT by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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To: Angelino97

Wasn’t this the business model used by the fellow who bought the rights to the Epi-pen...then raised the price to astronomical levels? I thought that the courts ultimately decided that he had to throttle things back.

Separately I heard (Just the News?...Dr. Naomi Wolf of DailyClout.io?) that Pfizer and BioNTech have agreed to transfer their intellectual property rights to a Chinese Communist Party Pharma company on 12/31/2022. The CCP has acquired 2 labs in MA and a manufacturing facility in Princeton, NJ.


14 posted on 10/26/2022 4:37:37 PM PDT by PsechsySr
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To: Angelino97
Is anyone on this sight calling for deregulating the Federal and State controls on the pharmaceutical industry/ending FDA, overhauling patent laws, and creating laws that make it illegal to file a personal injury lawsuit against any deregulated pharmaceutical company in general? If not find some other solution other than cry and moan about influence. A lot more complicated than people think. Currently majority of Repubs and Dems prop up what you rile against including Trump, riddle me that. It's the degree of force you should be focusing on and the many “heads” already embedded between the corporate realm and central governments .
15 posted on 10/26/2022 4:50:23 PM PDT by rollo tomasi
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To: Angelino97; All

“Yeah, but it’s free.”

No, moron, the TAXPAYERS fund this snake oil and everything else connected with the government.


16 posted on 10/26/2022 5:19:04 PM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: Angelino97

Thank god pfizer’s not running the gas stations


17 posted on 10/26/2022 5:19:25 PM PDT by thinden (buckle up ....)
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To: Angelino97

Nobody wants this crap. Now it is just a grift on the taxpayers.


18 posted on 10/26/2022 5:24:44 PM PDT by dforest
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To: Qwapisking

Pharm-Bro was sent to and kept in prison for doing a lot less.


19 posted on 10/26/2022 5:31:39 PM PDT by lee martell
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To: Angelino97

The only business not “all in this together” was big pharma. A third of businesses closed their doors. People lost livelihoods and jobs. Landlords could not evict for non payment for a year. Financial loss was everywhere. Everyone else was told to ESAD and take one for the team.

Pfizer and Moderna should only be reimbursed for pure production costs and should have zero profits for this disaster which they helped cause.

If a person has a pension from military or whatever they plunder your Social Security because you are supposedly the beneficiary of a “windfall”. Well, so why shouldn’t Pfizer get sodomized for the windfall. Especially since they helped create it? Hell they had the patent for this shot before it even happened!


20 posted on 10/26/2022 5:36:10 PM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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