Pfizer CEO defends the idea of companies profiting off coronavirus vaccines - Business Insider

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Pfizer CEO defends the idea of companies profiting off coronavirus vaccines

There are 164 coronavirus vaccine projects in the works, according to the World Health Organization.

Phase 3 trials of Pfizer's vaccine candidate started this week. According to Bourla, the vaccine is being "executed meticulously well.". The US government will pay $1.95 billion for these doses, totalling roughly $19.50 per shot.AstraZeneca/Oxford and Moderna are also on track to have their vaccines ready for emergency use.

Last week, Rep. Jan Schakowsky-Ill. requested for companies that received government assistance for development of the coronavirus vaccine to sell the vaccine at cost,. While responses varied, it's important to note that Pfizer did not use any government funds for the development of their vaccines.

 

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To save lives of people worldwide shouldn’t it be free to everyone

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