Covid vaccines: Will drug companies make bumper profits?

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Governments and charities have invested billions in vaccines developed by private firms.

At the start of the pandemic, we were warned: it takes years to develop a vaccine, so don't expect too much too soon.

Only £2.6bn has come from companies' own investment, with many of them heavily reliant on outside funding. AstraZeneca's promise to keep prices low extends only for the "duration of the pandemic". It could start charging higher prices as early as next year, depending on the path of the disease. "Bear in mind these companies took a significant risk, moved really fast, and the research and development investments have been significant," he says.

"I think it was unwise of our governments to hand over that money without strings attached," she says. Those that are selling to countries with deeper pockets will start to see a return on their investment, whereas AstraZeneca, despite having deals to supply the highest number of doses, will only cover its costs.

 

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Half of all profits should be given to the NHS/health services of the country they supply

Yes

No brainer greed at the best opportunity

Of course

Of course they will; its supply & demand. But you need to supply it while there is demand; hence need create an urgent need. Its has to be vaccine not cure as cure you give to those likely to die; vaccine you give to everyone.

Of course. That’s why they doing it. People are not buying the Zero profit bullshit are they?

Friends of government MPs will make bumper profits also

And GP's.. being paid £12 per vaccination! And this on top of their usual NHS fees.

You make profits don’t you, licences fees, remember.

Of course they will.

Yes ! And they will share them with their agents .... 'friends' those who made it possible ...

Life has to go on covid is not an apocalypse I’ve seen far too much panic and fear out in the world now there’s fear over the vaccine a vaccine the government are confident enough of they gave the drug companies immunity from prosecution if it goes wrong?

And then pay bumper taxes?

Duh it’s all been about the USA elections and money -

A short thread, that raises questions more than anything: In 2009, drug companies are thought to have tried to over state the significance of Swine Flu, in order to make a buck: 1/

Of course, why do you think Government ministers and general practitioners bought short time shares in the various companies!

£15 a jab x 130 million plus in the UK alone, would think so

Of course the will make bumper profits in this Capitalist world, what a silly question in a non capitalist world these companies would be doing this for free because ppl are dying everyday but sadly we don’t and it will be all about the money for these companies

Apparently the markup is set under contract.. but yes their share price and profit levels will bounce during this pandemic

There's always someone who benefits from other people's misery.

They get to own countries

Chris bored please too this my head please 🥺😳

All you need to know about Pfizer

As long as the vaccines come out and work it doesn’t matter how much profit they make

OF COURSE Pfizer will make CASH out of anything, EVEN PREGNANT MARES PISS (WhY did they HAVE to hack their tails off as well :/) PREMARIN SEE no.11 DESCRIPTION/estrogens purified from pregnant mares' urine SCUM

Ivermectin

Yes; but only until the class action law suits begin. By that time the smart operatives will have already dumped shares and stock--the fingers will be hovering over sell throughout Xmas.

Just a big game for the big elite 🤑🤑🤑

If the vaccine gets rid of Corona virus,then I don't care how much the pharmacy companies make out of it.

Where there is demand there will be always one will benefit the profits or even fraud and etc... Therefore my answer is a fat YES

Of course they will. Why do you think they are getting it out so quick!

They will make massive profits sadly, because profiting from suffering is part of their trade. notcool

It is strange that China invented the virus and they are first to produce a vaccine to sell LOL

Good grief. Q. Is the Pope a Catholic? A. Er, yes Q. Does a bear shit in the woods? A. So I'm led to believe Q. Will drug companies make bumper profits? A. Certainly This is a massive transfer of future wealth into big Pharma. Our children will be paying for it for decades.

😎😷

Yes. That's how capitalism works. The alternative would be state funding of pharmaceutical research and production. Pay your money, take your choice.

e'eryone dies... we all have that in common... how we live is what matters... do you really want to live your life in a mask and receiving monthly shots to stay alive?... what about your children?... would you condemn them to this?... really?.. ask yourself and your folk (:~:)

Are you kidding? Do the math. Billions of vaccines and they aren’t free. Even at pennies per shot, that’s billions in profit.

Ask this lot.

So Moderna, funded by government and not for profit still decides to price theirs the highest to make money for share holders. The cheek.

No, of course not! It’s all fun and games for them!

Duh!That’s the reason they’ve been knocking themselves out getting the drug on the market super quick.

I often wonder given the billions donated for cancer research why every breakthrough cancer drug is prohibitive expensive. Any answer CR_UK

Tory mates will

Of course they will and I’m sure most of the Tory Cabinet have a stake !

If it saves lives so what 🤷‍♂️

Why shouldn’t they ?

If u want food support farmers

Support farmers

They make more off the medicine used to treat illness caused by vaccines.

Is this a rhetorical question?

Doesn’t take Colombo to work that ☝️ out...

Of course they will, its a reason they have never cured cancer, money matters

if it works, why not

Of course they will. Payed for with your tax money.

good

They should...people are dying to buy it

No doubt. Isn’t that the whole game?

They make more with a cocaine vaccine

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