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Vaccine mandate: Disquiet as report reveals Pfizer, BioNTech, Moderna make $93.5m profit daily

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There is rising disquiet as a report by COVID-19 intermediaries exposed the hidden business undertones in place of public health in the enforcement of COVID-19 vaccine mandate on citizens by governments across the world. Three vaccine companies, Pfizer, BioNTech and Moderna, have been exposed to make daily pre-tax profit of $93.5 million. Pfizer, BioNTech and Moderna foisted monopoly of vaccine business on governments to maximise  profit.

A coalition advocating for wider access to Covid vaccines, the People’s Vaccine Alliance (PVA), perhaps, got off track to reveal the statistics of the huge profit made by Pfizer, BioNTech and Moderna intermittently from the vaccine business. The Alliance disclosed that Pfizer, BioNTech and Moderna make pre-tax profits of $34 billion in 2021, translating to over $1,000 per second, $65,000 a minute or $93.5 million a day.

The exposure also triggered new questions about who the real investors in covid vaccines are; are the visible executives of the tech companies the real investors or fronting for state actors. These are as the existing question of the gap between promoting public health and business fortunes by the covid pandemic propagandists.

The People’s Vaccine Alliance (PVA) had based its calculations on the firms’ own earning reports.

A member of the African Alliance and People’s Vaccine Alliance Africa, Maaza Seyoum, had decried in part: “It is obscene that just a few companies are making millions of dollars in profit every single hour…

“Pfizer, BioNTech and Moderna have used their monopolies to prioritise the most profitable contracts with the richest governments, leaving low-income countries out in the cold.”

The People’s Vaccine Alliance Africa had protested that Pfizer and BioNTech have delivered less than one percent of their total supplies to low-income countries while Moderna has delivered just 0.2 percent, the PVA said.

The alliance is protesting the low supply of vaccines to poor countries.

In a contradiction, the alliance admitted that the pandemic is winding down.

The People’s Vaccine Alliance Africa also exposed that Pfizer, BioNTech and Moderna received public funding of over $8 billion.

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  1. Pingback: Siva Thambisetty - Opposition to the TRIPS waiver: dispatches from the frontline - Brave New Europe

  2. Pingback: Opposition to the TRIPS waiver: dispatches from the frontline | LSE COVID-19

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