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.
00:02:22

10 Movies To Watch For America 250

Wondering what to watch to celebrate America 250, your worries are over. I’ve put together a list of ten movies with patriotic, colonial America, and Revolutionary War themes.
00:02:04

Forged on the frontier

George Washington is widely known as a general and president, but his early life remains obscured by myth, legend, and misunderstanding.
00:02:52

A bobblehead too far

The Orioles did not just hand out a bobblehead. They sent a message that the legacy of their own players is not enough to draw.

Congress fumbles college sports

College sports landscape is a dumpster fire and every sports reporter, broadcaster and fan believes Congress needs to stay out of it.

The Hating Game

The Democrat Party game show should be titled "The Hating Game", played by pitting one class, race, or identity against another for political power.
00:01:38

Utah Declares State of Emergency as Largest Wildfire in US Grows

Utah declared a state of emergency and temporary fireworks ban over extreme fire conditions and a growing number of blazes across the state.
00:01:13

Trump Says Reflecting Pool Damage Will Be Fixed After July 4

President Trump said the Lincoln Memorial Reflecting Pool in Washington would be repaired after July 4 due to damage allegedly caused by vandals.
00:01:08

Texas Approves Bible Stories as Required Reading in Public Schools

The Texas Board of Education approved on Friday a new public school reading list that includes stories from the Bible.

Trump Shares New US Passport Design on Truth Social

The mockup shows limited-edition passports planned for a July...
00:05:14

Trump Cancels Signing of Housing Affordability Bill, Says SAVE Act Should Be Passed First

Trump canceled signing of a bipartisan housing bill aimed at lowering home prices, saying an election integrity bill should be passed by Congress first.
00:39:13

Trump Signs Orders to Boost Development in Quantum Computing

President Trump signed two executive orders to accelerate quantum computing development and strengthen U.S. leadership in this emerging technology sector.

Banning Hospitals’ Certain Contracts Could Save Americans $45 Billion, Report Finds

A ban on certain contracts between hospital systems and health insurers could save Americans around $45 billion, according to a report.
spot_img

Related Articles

Popular Categories

MAGA Business Central