Pfizer’s obscene $900m profit from its Covid vaccine in just three months | |
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Anonymous Coward User ID: 79240330 United States 05/06/2021 05:04 PM Report Abusive Post Report Copyright Violation | Pfizer Reaps Hundreds of Millions in Profits From Covid Vaccine Quoting: Jwnlwplus4 The company said its vaccine generated $3.5 billion in revenue in the first three months of this year. Last year, racing to develop a vaccine in record time, Pfizer made a big decision: Unlike several rival manufacturers, which vowed to forgo profits on their shots during the Covid-19 pandemic, Pfizer planned to profit on its vaccine. On Tuesday, the company announced just how much money the shot is generating. The vaccine brought in $3.5 billion in revenue in the first three months of this year, nearly a quarter of its total revenue, Pfizer reported. The vaccine was, far and away, Pfizer’s biggest source of revenue. The company did not disclose the profits it derived from the vaccine, but it reiterated its previous prediction that its profit margins on the vaccine would be in the high 20 percent range. That would translate into roughly $900 million in pretax vaccine profits in the first quarter. Pfizer has been widely credited with developing an unproven technology that has saved an untold number of lives. [link to www.nytimes.com (secure)] Unproven technology. Read that again, but people willing to take the jab How much did pelosi make on Pfizer stock? Yeah, no kidding. Nasty and how many other House & Senate members. Disgusting they are immune from insider trading laws. |
Anonymous Coward User ID: 80326918 05/06/2021 05:15 PM Report Abusive Post Report Copyright Violation | You know since these vaccines seem to be given out freely, aren't/didn't the test subjects (American People), subsidize the development of the cure and the disease?? Are most of Pfizer's profits tax payer money? Can not sue them for anything though,... WTF! |
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JellyTelly1
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darkwolf007
User ID: 73724209 United States 05/06/2021 07:30 PM Report Abusive Post Report Copyright Violation | Follow the money trail. Those who think this "pandemic" doesn't have a financial component to it are naive. Quoting: DakotaRose It was pretty obvious by the second stimulus bill though. There will be more Stimulus packages later on. By the time we get our fourth Stimulus package chances are you will be so desperate. Especially since food and drink prices will have become so exorbitant that you may be able to afford the very slim corner of a Ramen Noodle package. Of course not to eat, but to look at. Conspiracy Theorist is nothing more than a derogatory title used to dismiss a critical thinker. A time is coming when men will go mad, and when they see someone who is not mad, they will attack him, saying, 'You are mad; you are not like us." -- St. Anthony The Great Social Credit Loser here. |
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