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Pfizer's posts $4.9B 1Q profit as vaccine strategy pays off

 
Servant-of-the-LORD
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07/28/2021 10:33 PM
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Pfizer's posts $4.9B 1Q profit as vaccine strategy pays off
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"The New York-based pharmaceutical giant reported Tuesday that it earned $4.9 billion in the first three months of the year and it dramatically raised its profit forecast for all of 2021 thanks to strong demand for its COVID-19 vaccine. The company, along with its German partner BioNTech, anticipate strong revenue from the vaccine and booster shots for the next three years.
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Anon Braveheart

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07/29/2021 12:08 AM
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Re: Pfizer's posts $4.9B 1Q profit as vaccine strategy pays off


Because the cost of developing contracts is very high and time consuming (legal review cycles), Pfizer, like all corporations, develop a standardized agreement template and use these agreements with relatively minor adjustments in different countries.

These agreements are confidential, but luckily one country did not protect the contract document well enough, so I managed to get a hold of a copy.

As you are about to see, there is a good reason why Pfizer was fighting to hide the details of these contracts.

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 Quoting: Anon Braveheart

Anon Braveheart
BroDude

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07/29/2021 12:12 AM
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Re: Pfizer's posts $4.9B 1Q profit as vaccine strategy pays off
Pfizer is also pushing for a 3rd jab.

I guess the idea there is to keep pulling in billions of $ that they otherwise wouldn't have.

Look how good they are to their stockholders. Bravo
Rainbow7

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07/29/2021 01:03 AM
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Re: Pfizer's posts $4.9B 1Q profit as vaccine strategy pays off
Nobody is paying for the shot, so how are they making money? Through the license to manufacture and transfer of technology?
Servant-of-the-LORD  (OP)

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07/29/2021 11:33 AM
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Re: Pfizer's posts $4.9B 1Q profit as vaccine strategy pays off
Nobody is paying for the shot, so how are they making money? Through the license to manufacture and transfer of technology?
 Quoting: Rainbow7

I thought governments were BUYING the vaxx???
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