Posted by Michael Wonder on 13 Jun 2021
If vaccine apartheid exists, vaccine billionaires shouldn’t
12 June 2021 - To understand why billionaires are a sign of moral and economic failure, look no further than the COVID-19 pandemic.
Drug corporations could earn $190 billion from COVID-19 vaccine sales this year. Pharmaceutical profits have minted nine new pandemic billionaires, and helped eight existing billionaires enlarge their fortunes.
Several of these are founders and private investors in three pharmaceutical corporations — Moderna, BioNTech, and CureVac — whose vaccines use mRNA technology that was largely developed from publicly funded research.
