Tag Archives: Pfizer

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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Exposed: How Pfizer Exploits Secretive Vaccine Contracts to Strong-Arm Governments

“Pfizer has used its monopoly on a lifesaving vaccine to extract concessions from desperate governments,” said the report’s author, urging action from the Biden administration.

By Jessica Corbett, staff writer for Common Dreams. Published 10=19-2021

Pfizer is under fire for secretive contracts with countries buying its Covid-19 vaccines. Screenshot: ABC News

Pfizer has used its position as a producer of one of the leading Covid-19 vaccines to “silence governments, throttle supply, shift risk, and maximize profits” through secret contracts with countries around the world, according to a Public Citizen report published Tuesday.

“Behind closed doors, Pfizer wields its power to extract a series of concerning concessions from governments,” report author Zain Rizvi, law and policy researcher at Public Citizen’s Access to Medicines program, said in a statement. “The global community cannot allow pharmaceutical corporations to keep calling the shots.” 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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200+ Groups From 67 Nations Demand ‘Transformational Change’ at Corporate-Friendly WTO

“The WTO’s hyperglobalization rules shaped a global economy that is not working for most people, and it’s due time to replace them.”

By Jake Johnson, staff writer for Common Dreams. Published 4-28-2021

WTO Headquarters. Screenshot: Sky News

More than 200 environmental groups, labor unions, and civil society organizations from 67 nations sent a letter to global heads of state on Wednesday demanding “transformational change” at the World Trade Organization, a relatively new institution that critics say is structurally inadequate and much too corporate-friendly to confront the planet’s most pressing challenges.

“The Covid-19 pandemic has exposed how the WTO model exacerbates insecurity, inequality, and instability,” argues the coalition, which includes Public Services International, Third World Network-Africa, and Public Citizen. “Legitimate global commercial rules should facilitate the improvement of the livelihoods, health, and wellbeing of all people around the world and the long-term survival of the planet. The WTO system has not met these goals: It was never fit for purpose and certainly is not now.” 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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As Rich Countries Shield Pharma Monopolies, Just 0.2% of Covid Vaccine Doses Have Gone to Poor Nations

“We need the cooperation of the whole world and the elimination of all the barriers to the production and distribution of vaccines.”

By Jake Johnson, staff writer for Common Dreams. Published 4-11-2021

Graphic: Our World in Data/CC

The head of the World Health Organization estimated in a recent address that of the more than 700 million coronavirus vaccine doses that have been administered across the globe, just 0.2% have gone to people in low-income nations—inequity that experts warn will persist unless rich countries end their obstruction of an international effort to suspend vaccine patents.

Speaking to the media on Friday, WHO Director General Tedros Adhanom Ghebreysus warned that “there remains a shocking imbalance in the global distribution of vaccines” as pharmaceutical companies cling to their monopoly control over technology that was developed with large infusions of public money. Continue reading

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The Coming Antibiotic-Resistance Pandemic that Could Make COVID Look Like the Flu

While the Global South overprescribes antibiotics, in the West farm animals are pumped full of them, farmers even giving them to healthy animals so they can be packed tighter in ever-increasing herd sizes.

By Alan Macleod  Published 4-6-2021 by MintPress News

Photo: Gerard D Wright/CC

Big pharmaceutical companies have not come out of COVID-19 looking like model global citizens. Pfizer has been accused of bullying South American governments after demanding they put up military bases as collateral in exchange for vaccines. Meanwhile, Bill Gates persuaded Oxford University to sign an exclusive deal with AstraZeneca for its new offering, rather than allow it to be copied freely by all. The British/Swedish multinational quickly announced it would fall 50 million vaccines short on its first shipment to the European Union.

But what if there were a looming health crisis that could make COVID look almost minor in comparison? The World Health Organization (WHO) has been warning of just such a case for some time now, predicting that antimicrobial resistance will kill up to 10 million people every year by 2050 — almost four times as many as the coronavirus has killed in the past 12 months. 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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