Moderna, Pfizer, and BioNTech—the makers of the two most successful coronavirus vaccines—are raking in a combined $65,000 in profits every minute as they refuse to share their manufacturing recipes with developing countries, where billions of people still lack access to lifesaving shots. According to a new People’s Vaccine Alliance analysis of recent earnings reports, the three pharmaceutical giants have made a total of $34 billion in profits this year, which amounts to roughly $1,083 per second, $64,961 per minute, or $3.9 million per hour.
Moderna—a Massachusetts-based company that developed its vaccine with the help of government research and around $10 billion in taxpayer funding—has delivered just 0.2% of its total vaccine supply to low-income countries, the People’s Vaccine Alliance
https://www.oxfam.org/en/press-releases/pfizer-biontech-and-moderna-making-1000-profit-every-second-while-worlds-poorest
— source commondreams.org | Nov 17, 2021