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

Young Washington: Movie Review

Sitting in the theater watching Young Washington, I found myself wondering why this story hadn’t been made into a film sooner.
00:02:08

A Movie That’ll Keep You Awake: A Great Awakening

So how does someone (me) who thinks they’ve just seen the greatest movie ever (A Great Awakening), persuade you to watch it?

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:01:39

Citizen Vigilante Delivers the Warning Western Governments Desperately Need to Hear

Citizen Vigilante shows what happens when the state stops defending the native population and shields favored migrant groups while criminalizing native dissent.

Murders on Pace to Drop to a 126-Year Low Following Illegal Immigrant Deportations: DHS

Crime rates have fallen to “historic lows” across the United States, with homicides this year on track to register the lowest level in at least 126 years.
00:02:09

California to Raise Minimum Wage to $17.40 in 2027

California Gov. Gavin Newsom announced Friday that California’s minimum wage would increase to $17.40 an hour beginning in January 2027.
00:01:55

US to Make Visa Bond Program Permanent for Citizens From 50 Countries

The State Dept said it will make permanent a visa bond program under which citizens from 50 countries are required to post bonds of up to $20,000 for business or tourist visas.

New York Times Says DOJ Subpoenaed a Freelancer Over North Korea Story

The New York Times said that the DOJ subpoenaed one of its freelance journalists over his 2025 story of a failed U.S. military operation in North Korea.
00:02:00

Clayton to Become Top US Intelligence Official on Monday

Jay Clayton will take over as director of national intelligence (DNI) on Monday, according to a social media post by acting director Bill Pulte.
00:57:09

Trump Imposes 4-Year Tariff-Rate Quota on Quartz Surface Imports

President Donald Trump on Friday signed a proclamation establishing a four-year tariff-rate quota on imports of quartz surface products.
00:18:44

Trump Launches ‘Freedom Haulers’ Plan to Replace Unvetted Truckers With Veterans

President Trump launches Freedom Haulers to boost highway safety by replacing unqualified commercial truck drivers with military veterans.
00:01:42

2 Small Businesses Sue Trump Admin Over New Forced Labor Tariffs

wo small businesses have filed a lawsuit to block new tariffs imposed by the Trump administration on dozens of trading partners.
spot_img

Related Articles

Popular Categories

MAGA Business Central