Coronavirus: “Gold” vaccines – Pfizer, BioNTech and Moderna make over $ 1,000 per second

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H Pfizer, the BioNTech and the Modern record total earnings of $ 65,000 per minute thanks to vaccines against him coronavirus, according to a report by the People’s Vaccine Alliance, which promotes the most equal distribution of vaccines in the world.

More specifically, the pharmaceutical companies raised this money selling the vast majority of their vaccines to rich countries, to the detriment of less developed countries, where the vaccination rate against covid-19 remains low, the organization complains.

According to its calculations, based on the official financial data published by the companies, Pfizer, BioNTech and Moderna will have this year pre-tax profits of $ 34 billionthat is more than $ 1,000 per second, $ 65,000 per minute or $ 93.5 million per day, according to the RES-EIA.

Coronavirus: What do not drugs do that could save millions of lives

On the contrary AstraZeneca and the Johnson & Johnson sell their vaccines at cost price.

“It is immoral for some companies to make millions of dollars every hour, at a time when only 2% of people living in low-income countries have been fully vaccinated against covid-19,” said Maaza Seyum of People’s Vaccine’s Africa office. Alliance and the African Alliance.

The organization also criticizes these three pharmaceutical companies that, despite the $ 8 billion in public funding received, have rejected all calls to transfer vaccine technology to low-income countries through the World Health Organization, “a measure that could increase global supply, lower prices and save millions of lives.”

The People’s Vaccine Alliance, which has 80 members, including Oxfam and the United Nations Office on AIDS (UNAIDS), is urging pharmaceutical companies to immediately lift patents on covid-19 vaccines.

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