Pfizer, BioNTech, Moderna Making Combined Profits of $93.5 Million a Day: Analysis
Pfizer, BioNTech and Moderna are making combined profits of $93.5 million per day, according to a new analysis.
That’s $65,000 every minute and $1,000 per second.
Medical Xpress reported:
Pfizer, BioNTech and Moderna are making combined profits of $65,000 every minute from their highly successful COVID-19 vaccines while the world’s poorest countries remain largely unvaccinated, according to a new analysis.
The companies have sold the vast majority of their doses to rich countries, leaving low-income nations in the lurch, said the People’s Vaccine Alliance (PVA), a coalition campaigning for wider access to COVID vaccines, which based its calculations on the firms’ own earning reports.
The Alliance estimates that the trio will make pre-tax profits of $34 billion this year between them,
