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 ...
There are a lot of paranoid germophobes who will buy it.
1. Democratic controlled state legislatures might mandate coverage.
2. Democratic judges might be sympathetic to class action suits that demand coverage.
@ 11 - yes we did. Dr. Simone Gold mentioned this in January of 2021. I credit her for keeping me on track to not even consider the genetic editing.
Of course, this is the best-case scenario - indeed one cannot rule out other nefarious motivations.
There’s big money in the death jab.
WOW! Admitting it is all about the money. Remember always follow the money.
Dave Denton left his footprint all over CVS as well, another evil empire. If people would stop taking this $hit, big pharma wouldn’t rake in billions of dollars on their voodoo “vaccine”.
Pure evil, plain and simple :(
Get your booster you crazies...
You’re participation is vital to making sure the population is culled, your children are never born, and the demons in charge of this charade continue to make money.
Boost up!
Unless you are a hospital, in which case deaths from COVID have a bounty—literally...Isn’t the top bounty may be as high as $50K ?? :(
What $130 a dose? It’s free! Obama promised.
What a franchise it is. Even better than Marvel comic universe or whatever they call it.
Looking for graft and corruption? Follow the money...
p
(anxiety pinging...watching the numbers coming in..)
Operation Warp Speed Wins!
one of the reasons why I am so cynical, so our greatest hope is Trump, OMG we are so screwed
I can remember back to when GW Bush was our best hope, look how that turned out
we need protection from these monsters, not politicians feeding them
big pharma and big government and a normal flu season they created a pandemic and we fell for it
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