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.

Blue-White’s economic engine

Penn State’s Blue-White game shows how a university, its town, and business leaders turn a simple spring football practice into an economic engine.

Will Obama and Clinton Face Justice?    

There is interesting, even earth shaking, news currently being reported on, and this news can easily be seen in these three related stories.

DOJ Quietly Retracts John Brennan Subpoenas, Offers No Explanation

Greasy Deep State eel in a human skinsuit, John Brennan, may have slipped the proverbial noose once again.

OOOOOH, That Smell!

Like dead fish, the stench of politics is overpowering, and yet political elites tell you what you’re smelling ain't what they're cooking.

Democrats Hypocrisy Will Cost Them the Midterms!    

News stories recently have caused average Americans to stop and say, “Wait a minute…” Those stories involve Democrats and their double standards.

US Exports of Crude and Petroleum Products Hit Record Highs

America’s energy exports have hit record highs as the world navigates the uncertainty surrounding oil and gas shipments through the Strait of Hormuz.

SBA Refers 562,000 Suspected Fraudulent Loans Worth $22.2 Billion to Treasury

The SBA has referred 562,000 loans suspected to be fraudulent to the Treasury Department for collection, the agency said in an April 24 statement.

Microsoft Offers Buyouts, Meta Lays Off 10 Percent of Workforce

Microsoft will offer voluntary buyouts to some of its U.S. staff as the software titan adapts to the artificial intelligence (AI) climate.

Trump to Probe Banks Regarding Los Angeles Wildfire Response

President Trump said his administration will look into banks’ handling of payments and debts in the aftermath of the 2025 Los Angeles wildfires.

Treasury Sanctions Iran-Linked Chinese Oil Refinery, 40 Vessels

The Treasury Department sanctioned a Chinese refinery and 40 shipping firms and vessels found to be providing a lifeline to the Iranian oil economy.

Trump Admin Begins Process to Downgrade Marijuana Classification

The Trump administration announced plans to reclassify approved marijuana products as a less dangerous drug under federal law.

Gas Prices Will Return to Low Levels After Iran Conflict Ends, Bessent Says

Treasury Sec. Scott Bessent said relatively high gas prices will not last long but any change is contingent on when the US and Iran cease hostilities.

Trump Participates in Historic Bible-Reading Marathon to Celebrate Nation’s 250th Anniversary 

President Trump read passages from the Bible on April 21 from the Oval Office at the White House as part of the “America Reads the Bible” celebration.
spot_img

Related Articles

Popular Categories

MAGA Business Central