If you were worried about how COVID vaccine producers Moderna and Pfizer would do financially as the pandemic seems to wane, you can rest easy. Moderna brought in $5.9 billion in COVID vaccine sales in the first quarter, blowing out revenue and profit expectations, while Pfizer expects to make record revenues of $98-102 billion this year.
The obscene profits these companies are enjoying at the expense of the American people and during a time when so many other businesses and individuals are suffering is despicable.
Why is it that Big Pharma can take in huge profits over a government funded operation to stop a global pandemic? Isn’t this a humanitarian operation that should be conducted without a large profit markup since its helping the federal government use taxpayer dollars to save the lives of Americans and others around the world?
Unfortunately, not everything is like it seems like it should be in this scenario. Lots of people have given and sacrificed to survive the pandemic, but Big Pharma was having none of that. Companies like Moderna and Pfizer became some of the biggest money makers during COVID’s height, leading to lots of questions about the ethics involved.
It’s not an accident, but maybe it should be an investigation regarding the profits of those making big bucks as the nation remained shut down. Find out more in the full video now from “The Jimmy Dore Show.”