Leaked Contracts Reveal Pfizer Used its Power to “Shift Risk and Maximize Profits” in Negotiations with Governments
Pfizer used its power to “shift risk and maximize profits” according to leaked, unredacted contracts obtained by Public Citizen, a consumer advocacy group.
Pfizer has been accused of bullying and shaking down governments during Covid vaccine negotiations – much of their wheeling and dealing has been done in secret.
New contracts reveal Pfizer took a hard line in push for profits with the least amount of exposure and risk.
The “contracts consistently place Pfizer’s interests before public health imperatives,” said Zain Rizvi, the Public Citizen researcher who released the report.
Sharon Castillo, a spokeswoman for Pfizer, said that confidentiality clauses were “standard in commercial contracts” and “intended to help build trust between the parties,
