For Pfizer, BioNTech and Moderna, seconds are golden. According to a study published this Tuesday, November 16 by the People's Vaccine Alliance, the trio collectively collects more than 1,000 dollars (about 880 euros) per second, 65,000 dollars per minute and 93.5 million dollars per day.
A colossal profit that the association considers "indecent" since these pharmaceutical groups have amassed this money by selling the vast majority of their doses to rich countries, at the expense of less developed nations which remain very poorly vaccinated.
34 BILLION DOLLARS IN PROFITS BEFORE TAX
Maaza Seyoum, member of the African branch of the People's Vaccine Alliance, specifies that “only 2% of people in low-income countries have been fully vaccinated against the coronavirus”. This, even as "a few companies are pocketing millions of dollars in profit every hour."
According to calculations by the association, which campaigns for a better distribution of vaccines across the world, the three laboratories should, according to the results they have published, make pre-tax profits of $ 34 billion. This year. Knowing that Pfizer, BioNTech and Moderna, unlike AstraZeneca and Johnson & Johnson, do not sell their serum at cost.
Recalling that the three of these groups have mobilized more than $ 8 billion in public funding, the People's Vaccine Alliance further criticizes them for rejecting calls to transfer vaccine technology to producers in low-income countries. , through the World Health Organization (WHO).
However, this measure "could increase the global supply, lower prices and save millions of lives," said the association. Also, she urges these pharmaceutical giants to immediately lift the patents protecting anti-Covid vaccines, via an initiative of the World Trade Organization, around which negotiations continue.
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