https://www.dailymail.co.uk/health/article-11357661/How-Pfizer-plans-sell-Covid-vaccine-10-000-markup.html
I hope corporations drop their mandate bs because you shouldn't be forced to take them and your premiums increase. If they weren't shielded from being sued this whole charade would evaporate.
Everyone ready for higher premiums for this bogus *****Quote:
Pfizer has been accused of 'daylight robbery' after it emerged the company plans to sell its Covid shot with an estimated 10,000 percent markup in the US next year despite enjoying extraordinary surges in profits during the pandemic.
Once the government uses up the doses it has already bought, Pfizer will hike the price to as much as $130 for a single dose of the vaccine which is estimated by some experts to cost just $1.18 to make.
Health insurers are expected to cover the cost of the shots for those who have coverage, but wall street analysts warn that it will cause upward pressure on insurance premiums
I don't want to hear dick about greedy oil companies from anyone that votes for democrats.Quote:
The US government has been paying around $20 per dose up to this point and then distributing the shots for free to the public.
Analysts speculate that the move was made so Pfizer could still meet its target of $32billion of projected vaccine revenue this year.
Critics say that the decision shows the firm's greed. Peter Maybarduk, director of access to medicines at Public Citizen, told DailyMail.com that the firm was already in a good of financial position that they could take some loss.
Pfizer was one of the major winners of the pandemic. While lives and businesses crumbled amid lockdowns and disruptions to life during Covid, the New York City firm became a household name.
Vaccines like Pfizer's were mandated by employers and businesses in dozens of countries, forcing sales of the shot upon certain populations.
Pfizer projects $102billion in total revenue this year with the vaccine and Paxlovid - its antiviral pill backed by the White House to treat Covid - leading the way.
This is more than double the company's yearly revenue in 2019 and 2020 - before the jabs came out - this is nearly double the $40.9billion and $41.6billion earned the two years prior.
The company's leaders have benefited greatly from this endeavor as well. CEO Albert Bourla is estimated to make around $50million across 2021 and 2022.
Dr Ugur Sahin, the brains behind the Covid shot and CEO of Pfizer's German partner BioNTech, is among nine 'vaccine billionaires' who emerged during the pandemic.
He has an estimated net worth of $4billion, a figure which rapidly rose over the past two-and-a-half years.
I hope corporations drop their mandate bs because you shouldn't be forced to take them and your premiums increase. If they weren't shielded from being sued this whole charade would evaporate.