Are we paying more than 20 times production cost for the COVID-19 vaccines, thanks to Biden deal?

5Mind. The Meme Platform
You can fool nearly all the people...

American taxpayers have bought one billion COVID-19 doses from Pfizer Inc. and partner BioNTech SE.

Our government has also purchased 500 million vaccine doses from Moderna.

That’s enough prevention for two doses to every U.S. resident, plus two jabs to all the citizens of Australia, Austria, Belgium, Bolivia, Burundi, Cambodia, Canada, Chile, Czech Republic, Ecuador, Greece, Guatemala, Guinea, Honduras, Hungary, Israel, Jordan, Netherlands, Portugal, Romania, Rwanda, Somalia, Sweden, Switzerland, Syria, Taiwan, Tunisia and Zimbabwe – combined!

Should our government actually treat those countries, there would still be about 841,000 doses remaining – just in case of an under-count or lost shipment.

Since there are no such plans to help Australia or Austria, the excess vaccine quantity may just be another payoff to appease the bosses at Big Pharma and their white shirt lobby troopers.

Besides having so much vaccine, President Joseph Biden paid an even higher price for the most recent 200 million shots – about $24 each, versus the $19.50 earlier price. As they say in the White House: it’s only taxpayer money!

Which raises the question: how much does it actually cost to produce these “miracle” jabs, and have we  been paying too much, even before the recent 20% price hike?

The folks at People’s Vaccine Alliance (PVA) say they have the answer. The international organization is ultra-liberal, so criticism of the current White House leadership is about as non-partisan as it gets.

The cost of vaccinating the world against COVID-19 could be at least five times cheaper if pharmaceutical companies weren’t “profiteering from their monopolies” on COVID-19 vaccines,  according to the PVA.

Oxfam, an international left-wing organization founded in 1942, has praised the PVA for their vaccine stand:

New analysis by the Alliance shows that the firms Pfizer/BioNTech and Moderna are charging governments as much as $41 billion above the estimated cost of production.

Colombia, for example, has potentially overpaid by as much as $375 million for its doses of the Pfizer/BioNTech and Moderna vaccines, in comparison to the estimated cost price, Oxfam said.

Despite a rapid rise in COVID cases and deaths across the developing world, Pfizer/BioNTech and Moderna have sold more than 90 percent of their vaccines, so far, to rich countries – charging up to 24 times the potential cost of production, according to PVA.

By Fred Donaldson

Read Full Article on FredDonaldson.com

Contact Your Elected Officials
The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

EU Commissar: Free Speech Is a Virus, Censorship the Vaccine

Ursula von der Leyen likened “malign information” to a virus, arguing society must be inoculated through “prebunking,” widely seen as censorship.

The family fault line

The future of humanity rests not upon government, but with the family. A principle that is as bold as it is true and profound.

Media is an Arm of the DNC

Those on the conservative right have realized both television, Hollywood, and the web have been biased in favor of the left and their causes and positions.

When Narrative Replaces Law

When media abandons its responsibility to inform and chooses to provoke, it does not distort truth. It creates the very chaos it then pretends to lament.

Behind the Curtain

At times people sense something is wrong. Events seem disconnected, yet together form a pattern of irrational policies, cultural shifts, and baffling narratives.

New York Civil Trial to Examine Liability in Teen Gender Surgery Case

The trial will determine liability for medical providers accused of malpractice in a gender dysphoria treatment involving surgery on a 16-year-old patient.

ICE Agent Involved in Shooting Is Getting Death Threats, Border Czar Says

Border czar Tom Homan defended ICE amid protests against the agency in the wake of the shooting death of a woman in Minneapolis.

Tens of Thousands Join Protests in Minneapolis After ICE Shooting

Tens of thousands of people took to the streets of Minneapolis on Jan. 10 to protest the shooting of Renée Nicole Good by an ICE officer,

Schools Increasingly Consider Rewarding Teachers for Results, Not Seniority

Across many states and hundreds of school districts, traditional teacher pay based on seniority is being replaced by merit and performance models.

Treasury Secretary Says US Can Easily Cover Any Tariff Refunds

The Treasury currently has $774 billion, more than enough to cover refunds if the Supreme Court rules against the government, Scott Bessent says.

Trump Declares National Emergency to Shield Venezuelan Oil Revenues Held in US Custody

Trump signed an EO declaring a national emergency to block courts or private creditors from seizing Venezuelan oil revenues held in U.S. Treasury accounts.

Trump Directs Purchase of $200 Billion in Mortgage Bonds

President Trump on Thursday ‍said the United States will purchase $200 billion ‌in mortgage bonds, with the goal of bringing down housing costs.

Trump Says US Will Begin Land Strikes on Cartels in Mexico

President Donald Trump announced in an interview aired Jan. 8 that the United States would begin launching strikes on cartels in Mexico.
spot_img

Related Articles