Pfizer’s Chief Financial Officer has described the Covid pandemic as a “multi-billion dollar franchise” – and expects profit to continue as the firm prepares to stick a 10,000% mark-up on its vaccine. The Mail has the story.
David Denton told investors in an earnings call last week his company’s vaccine and antiviral would still be “relevant for many years to come”.
The CFO said he expects the Covid virus to be “somewhat like a flu… but more deadly” – meaning therapeutics will still have a massive role in controlling the virus.
So far Pfizer reaped about $80 billion in yearly revenue from sales of Covid vaccines and the antiviral drug Paxlovid.
The company announced last month it will triple the price of its shot to up to $130 per dose next year – a far cry from the roughly $19 to $30 per dose that the Government paid.
Some experts estimate each individual shot to cost just $1.18 to make – meaning the new price represents a 10,000% markup.
Analysts speculate that the move was made so Pfizer could still meet its target of $32 billion of projected vaccine revenue this year.
Critics say that the decision shows the firm’s greed. Peter Maybarduk, Director of Access to Medicines at Public Citizen, told DailyMail.com that the firm was already in a good of financial position that it could take some loss.
Maybarduk also said that the firm has already made an “obscene” amount of money, and will be “okay” if they do not meet revenue projections that were likely inflated anyway.
Pfizer was an early winner during the pandemic when it became the first company to get a COVID-19 vaccine approved for the U.S. market. Subsequent vaccine mandates for healthcare workers and the military further drove up sales of vaccines.
The company projects $102 billion in total revenue this year with the vaccine and its antiviral Paxlovid – more than double the company’s yearly revenue in 2019 ($40.9 billion) and 2020 ($41.7 billion)…
Contracts signed by the U.S. Government to secure billions of doses of vaccines at no cost to Americans will run out soon, shifting the cost of purchasing shots to health insurance companies.
Pfizer CFO David Denton told investors: “I think if you look out longer term, the franchise is going to be a multibillion-dollar franchise in the respect that this is going to be somewhat like a flu, sustained flu, but actually more deadly than the flu. I think the products, both from a vaccine and the therapy perspective that Pfizer has developed, are going to be quite relevant for many years to come,” he said.
Ever get the feeling you’ve been had?
Worth reading in full.
To join in with the discussion please make a donation to The Daily Sceptic.
Profanity and abuse will be removed and may lead to a permanent ban.
A Ratner moment, let’s hope.
It’s possible
The rich powerful and evil often eventually fall due to hubris
The important thing to remember about pharma company ‘profits’ is that they’re necessary to be able to recoup costs involved in developing their products in the first place — not just the successful products but this profit also needs to be shared to cover their unsuccessful drug candidates.
But the important thing to remember about the covid vaccines is that their research and development was fully funded by governments worldwide. What’s more, these governments also did the pharma companies a favour by extensively promoting (sometimes mandating) that the vaccines be used. This changes the dynamic completely — at this point there’s a very good argument to say that the pharma companies have now covered their investment costs (and then some) and that the vaccines should be offered at cost.
I’ve left out the problem of whether the vaccines work or not from the above argument — given that there is still a substantial demand for the vaccines it is a moot point.
And from who did the governments acquire their assets from, making it possible to fund the product development? The other point to remember is that the pharma firms have been granted financial immunity for this product.
Unless fraud or criminality can be proven, you’d hope at least.
If there was any justice pfizer would be out of business already.
If there was any justice then Pfizer should have been out of business in the mid 1970s
A most important point indeed. Yes, huge piles of taxpayer money were thrown at the vaxx makers – our money being used to produce products to
poisonsave us. When handing over those eye-watering amounts for ‘research’, governments should have been the ones stating the terms, not thedrug pushersvaxx manufacturers. When governments started signing those ultra-secret contracts with the vaxx makers, the governments should have stipulated the terms – and the contracts should have been open and available for perusal by everyone – the government is our representative, our agent, we, the people who pay for all of it, have every right to know what is being agreed in our name. Even to this day our own parliaments are not allowed to see these secret documents, or only heavily redacted versions. Why?If we had anything like a functioning media and real journalists rather than whorenalists, this would have been a major press item for months.
Another good point for investigation is why pfisser was the number 1 favourite even before they got out of the gates. Good PR, natch, but also the incestuous ties between big pharma and so-called regulators, particularly in the States. A real journalist would, for example, start delving into Scott Gottlieb, former head of the FDA, since mid-2019 member of the pfisser board of directors, and see how much of a role he and his undoubted contacts at the FDA and the US government had to do with pfisser being given what looks like the role of favoured supplier even before it had a product. Fraudci and his disturbing geilheit to push mRNA into everyone also played a big role in this. Hundreds of millions of free guinea pigs to test his favoured toxin – guess he knew the human rights brigade would put up less of a fuss than the animal rights brigade.
The important thing to remember about pharma company ‘profits’ is that they’re necessary to be able to recoup costs involved in developing their products in the first place
Yes, and also there’s all that outlay they needed to gain control of governments and regulatory bodies – that has to be recouped as well.
They also need profits in order to meet criminal fines.
Bextra – Pfizer fined 2.3 billion dollars in 2009.
They’ve got some way to go though to catch Merck – 4.85 billion dollars in 20007.
I think one would be therefore correct in calling them criminal organisations.
The important thing to remember about pharma company profits is that they come from government-granted monopolies. Pfizer can chose to charge whatever they want for their products in their most important markets, because neither need to worry about customer satisfaction nor about competition. They also don’t really need successful drugs in the sense that they actually benefit people, the only required property of a modern medical product is that it kills only a few people on the spot.
It’s very telling that this guy talks about a franchise here, ie, essentially about sales-by-virtue-of-branding.
What surprises me is that I’ve yet to hear anyone in/close to power suggest a windfall tax on Pfizer & Moderna. There’s been a huge transfer of wealth from taxpayers to shareholders, when it’s happened in the past in the oil & banking sectors we’ve seen windfall taxes, why not for these rapacious pharma multinationals?
And the windfall taxes can be used to pay “reparations” to the families of those murdered and injured by the Pfizer (and the others) poisons.
Nice. Defective products which kill and injure and now will be mandated to comingle with the useless yearly flu stab. Millions dead and injured worldwide. Long term immune system collateral damage slowly unwinding and will be massive but covered up. Outbreaks of SADS and heart issues across all age groups. Rona average death was 84.
Can all of us play this defective-product game or is it just for a criminal industry which has bought most governments ?
All planned. All prepared long in advance as given by the hundreds of Rona patents stretching back 10 years.
Yes companies like Pfizer are laughing all the way to the bank, at the expense of the global population and due to their indemnity against liability. Although they come out on top financially we know this gene therapies business is not purely profit driven. If it were then Big Pharma could have made their products all saline. Nobody would ever have known because there would be no safety signals, the virus would have done it’s thing and herd immunity would have eventually happened, just like with all other respiratory viruses the frailest would sadly succumb, and the fake “vaccines” would take the credit for what would happen organically. Pfizer and the rest would still make huge profits, if not more.
However, looking at everything that’s come to pass thus far, including the behaviour of Pfizer, the lack of transparency, the lies, fraud, the many analyses of the contents of the vials and vaxxed people’s blood and the mammoth amount of data and real world evidence demonstrating these things are the polar opposite of “safe and effective” then it seems obvious to me that this entire project was brought forth with the achievement of the following aims; depopulation, transhumanism and, if you go for the 5G theory, mass surveillance and control. This is supported by information I’ve shared previously regarding this being entirely a US government and military operation, with DARPA being at the centre of this gene therapy research for years now, and the regulators are just pure theatre and play no meaningful role.
These shots were never intended to be effective or safe and anyone who still believes otherwise is incredibly gullible and silly indeed. They will never get taken off the market because they are not vaccines, medicines, nor are they intended for health improvement/protection. It’s a global experiment alright, just not one with public health as the focus.
Welcome aboard Mogs. You have arrived, almost. This is not an experiment though. The depopulation is baked in. Public health is the focus – destruction of.
Haha yes well…better late than never and all that. All the things I’m reading/listening to just puts the puzzle pieces together as to why these products are still on the market, still being pushed and why they will never be taken off the market, but more regular vaccines will morph into mRNA – based clot shots instead. What I’m not aware of however is if this will be done in a covert fashion. For instance, the article I shared yesterday about the RSV jab Pfizer are working on, so that pregnant women can immunize their unborn babies. Nothing about mRNA was mentioned in the article, but seeing as we’re talking about shady AF Pfizer here, and absence of evidence does not mean evidence of absence, I honestly don’t know if it’ll end up being another mRNA product seeing as how there’s apparently over 100 vaccines being trialed currently using this platform. Will they all eventually merge into clot shots??
Is this going to be how they capture the likes of us and babies in utero, newborns etc? The ones who have thus far escaped the toxic gunk? Perhaps I’m being paranoid but I wouldn’t put anything past them given the out and out corruption and wickedness we’ve been witness to and the evidence of nefarious shenanigans that are all out in the open now. I think they want to mop up the “control group” by turning standard vaccines into toxic clot shots. It’s hardly beyond the realms of possibility is it? It’s not like they’re even being secretive about wanting to expand their reach with mRNA technology. They love it because they can churn these things out now in a fraction of the time of regular vaccines that rely on several years of thorough research, then they get to rake in max profits. 7 years vs 100 days, what’s not to love when you’re a greedy, profit-hungry entity such as Big Pharma, that wouldn’t know bioethics or informed consent from a hole in the ground?
Absolutely agree. The pandemic was created for the vaccines, not the other way round.
Nope. Not me. I saw the scam from the start. And anyone who wanted to look could have too.
Now be fair to Pfizer. They are killing off their customers. The fewer remaining need to pay increasingly more.
“In the event that I am reincarnated, I would like to return as a deadly virus, to do something about overpopulation.” HRH Prince Philip, 1988.
”I cannot understand why nobody is doing anything about overpopulation.” Boris Johnson, 2007.
The writing has been on the wall for a long time.
Yes, it’s staring us in the face but very few are brave enough to see it.
Let nobody claim Bozo is not a hypocrite, after all he has done far more than the average man in his efforts to overpopulate.
Pfizer Chief Covid Multi-Billion Dollar Franchise
Yellow Freedom Boards – next event
Thursday 10th November 11am to 12pm
Yellow Boards
Junction B3408 London Rd &
John Nike Way, Binfield
Bracknell RG42 4FZ
Stand in the Park Sundays 10.30am to 11.30am – make friends & keep sane
Wokingham
Howard Palmer Gardens Sturges Rd RG40 2HD
Bracknell
South Hill Park, Rear Lawn, RG12 7PA
Reparations
Windfall taxes
On
Big pharma
Hat tip Hux.
Why thank you LS.
This is an excellent analysis of Pfizer’s phase 3 clinical trial. Basically they did more things wrong than they did right! But these trials could afford to be done half-cocked because these products were always going to get authorized no matter what. It’s just a paper exercise.
“Here we analyse data from the November 2020 interim analysis performed by Pfizer during their Covid19 vaccine phase III clinical trial. We show that the raw numbers, as provided by Pfizer, suggest that the vaccine causes about two to three SAEs per single case of severe Covid19 reduction. We also present (in the Appendix) statistically strong evidence that the vaccine indeed increases SAE rates. Assuming that SAEs and severe Covid-19 cases are clinically comparable, and that the main purpose of the treatment is to reduce the number of severe cases, the trial has demonstrated that the vaccine causes more harm than good.
Furthermore, we show that Pfizer’s analyses deviate from the trial’s protocol in at least two important respects: (a) the timing of the data cutoff date for the interim analysis does not follow the timing defined in the protocol, and (b) the inclusion criteria for participants in the safety analysis are arbitrary. These are severe breaches of the standard drug approval process, as they allow for an artificial inflation of efficacy assessments whilst hiding potential safety signals.”
https://www.pandata.org/covid-19-vaccine-trial-review/
The question in my mind is whether it’s possible for the Covid crime to be (a) an emergent phenomenon caused by a multitude of bad incentives, or (b) something with central planning and implementation.
I lean towards (b) but the bit I find difficult to explain is how so many Pharma scientists could take part in this disgusting experiment whilst telling themselves and us they were serving the common good.
It was patently obvious that we were being lead into a situation where forced vaccination would become a condition of normal life. This was painfully obvious as far back as spring 2020. This whole thing was all about the so-called vaccines.
..so we need to get to the bottom of why they wanted that stuff in all of us, who ‘they’ are, and whether this objective succeeded or failed.
Yes the theories abound as to the “why” part. Look at the EU that still haven’t ditched the vax passes. They’re still waiting in the wings to be wheeled out on a whim if anyone fancies manufacturing another ”crisis”. Emergency legislation is now written into permanent law for the same reasons, which is why no country’s leader has declared there will never be any more restrictions brough back. They should be able to look at the massive amount of evidence that these were very harmful failures and publicly state “never again. We got it wrong.”, but fat chance! It’s like all the infrastructure is being put in place strategically and we’re being left wondering when the inevitable assault will happen, and will it be another orchestrated ‘lock step’ type of scenario…? They didn’t spend all that money for nothing, including on the jabs.
Mike Yeadon has probably mentioned in one of his many videos why so many scientists are taking part. But there’s always been these sort of people with zero ethics and a broken moral compass hasn’t there? People are easily bought, influenced or manipulated, with the awful things that went on during WW2 being an obvious example of how people could just look on apathetically, turn on one another or participate in the actual crimes against humanity which took place. Weak people are malleable people. I just want some security and confidence when I look to the future but, at this point in time, I can’t trust that more shit isn’t going to hit the fan before winter’s end.
That’s the million dollar question really isn’t it. Did the whole thing stall? I get the feeling that it did, it just seemed to collapse under the weight of its own nonsense; most of the world ultimately got bored of it (including thankfully the country I now live in) I can see why you might fear a return but it feels to me like a dead horse. No one’s going to buy an another pandemic and Covid has lost its mystique. That cowering, homogenised, faceless, powerless transhuman zombie slave class they seemed to want to turn us into ain’t happening, back to the drawing board…
Ha, yes I’m in agreement with you. Too many suffered due to the restrictions and too many have suffered due to the jabs. Or they know someone who has, or they saw everyone getting Covid anyway and the scales fell from their eyes as a result. Either way too many have woken up now to tolerate more bogus engineered virus hysteria. Omicron put paid to that.
I’m stuck in the EU though and I wouldn’t trust these shysters as far as I can spit. I’m too afraid to relax properly as I’m waiting to see what stunt they’ll pull next. A good indicator will be if I can finally get back to visiting the German Xmas markets as previously it was only open to those with a Nazi pass. That’ll be a positive sign.
Franchise is such an ominous choice of words. Let’s hope there isn’t a Covid 2: Beyond Thunderdome.
Covid Part Deux
And strangely, nobody’s talking about a windfall tax for pharma companies.
I have mentioned on here that a windfall tax on pharma could be used in order to pay the reparations due to those killed and maimed by their poisonous injections.
I noticed that and thought it a nicely worded barb.
The point of my remark was supposed to be that, to the people who want windfall taxes, Pfizer profits due to Corona policies are not ill-gotten gains, despite they very much look like this, the crucial difference being that they were politically desired by these people themselves. I strongly suspect that there’s also some climateering involved here: Windfall taxes are applied to bad companies (like electricity providers) who burn stuff and thus, generated CO2 as side effect, ie, the motivations is higher electricity prices, possibly temporarily hidden by state interventions to shield (some) consumers from them.
Unless this is specifically prohibited, taxing companies harder just ends as price increases for customers, ie, it’s not really the companies which pay the taxes.
“I noticed that and thought it a nicely worded barb.”
Thanks RW. Glad you spotted it.
Why do people keep taking something that doesn’t work? Who does that? All GP’s just rec’d a letter from their medical director, asking them to use the yellow card system to report suspected covid vaxx injuries. What took so long?
Wrecked immune systems and ADE is so beneficial for these criminals.
Calling it a “franchise” is really rubbing people’s noses in it!