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COVID-19 vaccines have created 9 new billionaires: campaign group

27 Comments

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I'm happy for these folks, but now tell me the number of people bankrupted from a lack of vaccine.

2 ( +6 / -4 )

Meanwhile, the middle class continues to be eviscerated around the globe. Welcome to your brave new world of neo-serfdom, with the super-rich in gated, privately guarded communities and luxury yachts, while the plebs live in crime-ridden shanty towns.

10 ( +15 / -5 )

Anyone still wondering whats it all about ?

11 ( +15 / -4 )

ok and? They did create the VACCINE. They should be billionaires or even trillionaires.

-7 ( +6 / -13 )

Ok folks forget IT, invest in pharma

4 ( +4 / -0 )

The gap between rich and poor just keeps widening

9 ( +10 / -1 )

How much did each of these people benefit from the massive amounts of public funding that went into creating the particular vaccine that helped them increase their wealth?

11 ( +12 / -1 )

No incentives, no vaccines. What people don't understand about the pharma companies is they plough billions into R&D to develop new treatments. The winners pay for many losers that never make it to market. Taking away patent protection may seem like a good idea right now, but what happens when the next pandemic comes along? How incentivised do you think these companies will be to risk billions on developing a vaccine that will be freely given away? If anyone think the government could do it instead, you're dreaming.

-2 ( +5 / -7 )

Capitalism seems pretty bad. Looks like we should get rid of it.

-4 ( +4 / -8 )

ok and? They did create the VACCINE. They should be billionaires or even trillionaires.

Erik Morales, I am sure the executives of pharmaceutical companies did not create the vaccine. Their employees, the pharmacologists, did, and I'm sure their employees have seen no windfall from it.

5 ( +6 / -1 )

What people don't understand about the pharma companies is they plough billions into R&D to develop new treatments.

The principal investors in drug development differ at each stage. While basic discovery research is funded primarily by government and by philanthropic organizations, late-stage development is funded mainly by pharmaceutical companies or venture capitalists. 

https://www.ncbi.nlm.nih.gov/books/NBK50972/

Incentive is important in an economy; however, the incentives do not need to be ridiculously high.

2 ( +3 / -1 )

I am fine with people getting rich if they deliver a quality product. What annoys me is the number of huge bonuses going to people who run a product and a company into the ground.

3 ( +4 / -1 )

Lots of people got rich from COVID.

1 ( +5 / -4 )

This is just a money grab. I will be passing on this "vaccine"

0 ( +7 / -7 )

Lots of people got rich from COVID.

Lots of people get rich from lots of things.

Are you swinging towards Socialism?

-1 ( +3 / -4 )

Lots of people got rich from COVID.

Some anti-vaxxers posting crap on YouTube got plenty of hits too.

Something for everyone.

0 ( +5 / -5 )

@Jimizo

Some anti-vaxxers posting crap on YouTube got plenty of hits too.

came to comment this. at least companies made money fighting the pandemic.

0 ( +1 / -1 )

Oxfam ceased to be a charity a decade ago.

If the pantomime political hissing a booing from the cheap seats,

At the scientists that are saving lives.

Oxfam's obsessed self-righteous, posturing petty politicking, is frightening, when considering the necessity for COVID-19 Investment from high risk health equity funds, essential for research into the continuing risk from future variants.

-3 ( +1 / -4 )

@Fuzzy,

The Cuban government has developed multiple COVID vaccines.

-1 ( +0 / -1 )

@Happy Day

Lots of people got rich from COVID. A lot of people also died from COVID "One man's loss is also another man's gain". It is what it is!!

2 ( +2 / -0 )

World changes always redistribute money, specially when the products that are being sold become a huge necessity, that does not necessarily means it is wrong.

Still, ethically it is necessary to balance the need to reward a work well done with the need of countries with limited resources of safe and efficient measures. Next time a much better mechanism to distribute vaccines more fairly.

1 ( +3 / -2 )

20 million Americans addicted to opioids also did that.

5 ( +7 / -2 )

This is just a money grab. I will be passing on this "vaccine"

which won’t affect these billionaires one bit… your tax will still be paying them.

0 ( +1 / -1 )

There is so much talk about vaccines, but no information (at least on JapanToday) about effective treatments of covid patients, and medicines effective against covid.

Maybe pharma and pharma-connected medics just see a quick buck in vaccines?

There are predictions that covid vaccine will give profits only within the coming two-three years...

0 ( +3 / -3 )

Antivirals are much more difficult to develop, they are not particularly effective. That is why vaccines are so important for viral disease.

0 ( +2 / -2 )

This is what I’ve been waiting for. Finally, we see more of where the money goes for these vaccinations. Now, just follow some loose ends...

-3 ( +0 / -3 )

In addition to creating 9 new billionaires, vaccines have also made previous billionaires richer.

I'm happy for these folks, but now tell me the number of people bankrupted from a lack of vaccine.

It is not the lack of vaccines that caused the bankruptcies.

No incentives, no vaccines.

But with incentives like this, it's no wonder they often push defective things that are not needed. These major pharma companies (including Pfizer) are convicted serial felons; they have been convicted massive sums for bribing and falsifying data. But they don't care since their profits far surpass the fines. They have too much influence on officials, scientists, journals, media...

-2 ( +1 / -3 )

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