Tag Archives: Moderna

Big Pharma Quietly Planning Price Hike for Covid Vaccines in ‘Near Future’: Report

“As this shifts from pandemic to endemic, we think there’s an opportunity here for us,” said Pfizer’s Chief Financial Officer Frank D’Amelio.

By Kenny Stancil, staff writer for Common Dreams. Published 3-19-2021

Photo: KALW/CC

Eager to capitalize on the lasting presence of the coronavirus, executives at Johnson & Johnson, Moderna, and Pfizer—the pharmaceutical corporations that supplied the Covid-19 vaccines approved for use in the U.S.—are quietly planning to hike prices on doses “in the near future,” once they decide the pandemic is over, The Intercept’s Lee Fang reported Thursday.

Although the rapid development of coronavirus vaccines—made possible by large infusions of public resources—has given Big Pharma companies “a boost in goodwill… the public is still sensitive to drug pricing and the reputational risk has, so far, curtailed their ability to reap large financial rewards,” Fang noted. “But that environment, they hope, will change once the pandemic ends: a date that drugmakers themselves reserve the right to declare.” Continue reading

Share Button

Promised Vaccine Stockpile Doesn’t Even Exist? Governors Demand Trump ‘Answer Immediately for This Deception’

States “thought they were getting more doses and they planned for more doses and opened up to 65 and up, thinking they were getting more.”

By Kenny Stancil, staff writer for Common Dreams. Published 1-15-2021

Earlier this week, the White House said the federal government would soon release coronavirus vaccine doses stored for second shots, but governors expecting increased shipments discovered Friday that no national stockpile exists, and now they are demanding that President Donald Trump’s administration be held accountable for deceiving the American public.

“Governors were told repeatedly by [the Department of Health and Human Services] there was a strategic reserve of vaccines, and this week, the American people were told it’d be released to increase supply of vaccine,” tweeted Washington Gov. Jay Inslee (D) on Friday. “It appears now that no reserve exists. The Trump admin. must answer immediately for this deception.” Continue reading

Share Button