Tag Archives: Moderna

Unpatented Shot Dubbed ‘The World’s Covid-19 Vaccine’ Wins Emergency Approval in India

“This announcement is an important first step in vaccinating the world and halting the pandemic,” said Dr. Peter Hotez, a U.S.-based vaccine scientist.

By Jake Johnson.  Published 12-28-2021 by Common Dreams

Image; ZeeNews

An unpatented Covid-19 vaccine developed by the Texas Children’s Hospital, Baylor College of Medicine, and the pharmaceutical firm Biological E. Limited received emergency-use authorization from Indian regulators on Tuesday—news that the jab’s creators hailed as a potential turning point in the push to broaden global vaccine access.

“This announcement is an important first step in vaccinating the world and halting the pandemic,” Dr. Peter Hotez, dean of the National School of Tropical Medicine at Baylor and co-director of the Texas Children’s Hospital Center for Vaccine Development, said in a statement. Continue reading

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‘Utterly Obscene’: Just 8 Pfizer and Moderna Investors Became $10 Billion Richer After Omicron Emerged

“Pharma execs and shareholders are making a killing from a crisis they helped to create,” said one justice campaigner.

By Jon Queally.  Published 12-5-2021 by Common Dreams

In the first week that the Omicron variant sparked global fears of a new wave of infections, a small handful of investors and executives with Pfizer and Moderna—currently the world’s preeminent makers of Covid-19 vaccines—saw over $10 billion in new wealth, with the Moderna’s CEO alone adding over $800 million to his personal fortune.

Based on data compiled by Global Justice Now and released Saturday, “just 8 top Pfizer and Moderna shareholders” added a combined $10.31 billion to their fortunes last week after stock prices soared in response to the emergence of Omicron. According to a statement by the group: Continue reading

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‘Appalled’ by Vaccine Booster Plans, WHO Chief Rebukes Big Pharma, Rich Nations

“I will not stay silent when the companies and countries that control the global supply of vaccines think the world’s poor should be satisfied with leftovers,” said Dr. Tedros Adhanom Ghebreyesus.

By Jake Johnson, staff writer for Common Dreams.  Published 9-9-2021

Photo: U.S. Secretary of Defense/flickr

With the Biden administration expected to begin offering third doses of Pfizer’s coronavirus vaccine to the U.S. public in less than two weeks despite vocal pushback from many experts, the head of the World Health Organization on Wednesday demanded a moratorium on booster shots until at least the end of the year in order to free up supply for low-income nations.

During his weekly press briefing, WHO Director-General Dr. Tedros Adhanom Ghebreyesus said he is “appalled” that rich nations are moving ahead with booster campaigns as billions of people across the globe lack access to a single dose. Less than 2% of people in low-income countries have been fully vaccinated against Covid-19, according to Our World in Data. Continue reading

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‘Let’s Do Insulin Next,’ Says Ocasio-Cortez After Biden Backs IP Waiver to Boost Covid-19 Vaccine Access

“We can do it with all lifesaving pharmaceuticals,” tweeted one group.

By Jessica Corbett, staff writer for Common Dreams. Published 5-5-2021

After the Biden administration on Wednesday caved to global pressure and endorsed waiving intellectual property protections for Covid-19 vaccines, progressives across the United States called for taking a similar approach to other lifesaving drugs and treatments made less accessible by Big Pharma’s greed.

“Let’s do insulin next,” tweeted Rep. Alexandria Ocasio-Cortez (D-N.Y.), a self-described “unapologetic advocate of Medicare for All” who also “believes that all people must have access to safe and affordable prescription medications.” Continue reading

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Pressure Campaign Kicks Off in US to Force Big Pharma and Biden to End Vaccine Apartheid

The absence of a WTO patent waiver, say public health advocates, “means we won’t end the pandemic, millions of people will die, and the global economy will suffer.”

By Kenny Stancil, staff writer for Common Dreams. Published 4-22-2021

“Pfizer has spent the past year making billions of dollars in profits while people continue to die from Covid-19,” tweeted Health GAP on April 22, 2021. “It’s time to #FreeTheVaccine so the whole world has access to these life-saving vaccines!” (Photo: Twitter screengrab via Health GAP)

As vast global inequalities in access to Covid-19 vaccines exacerbate the ongoing pandemic, a coalition of progressive groups in the U.S. kicked off a week of action Thursday to urge President Joe Biden to support a temporary suspension of patent protections and to pressure pharmaceutical corporations to share technology in order to maximize the worldwide production of life-saving doses.

In the coming days, public health campaigners will gather at the headquarters of Pfizer, Moderna, and Johnson & Johnson in an attempt to push the major drugmakers to share relevant technology through the World Health Organization’s Covid-19 Technology Access Pool. Continue reading

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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

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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

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