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re: Pfizer earned $3.5 billion on COVID vaccine in first quarter
Posted on 5/4/21 at 9:02 am to Pecker
Posted on 5/4/21 at 9:02 am to Pecker
quote:
I'm sure it's just an example of the beautiful free market at work
quote:
Unlike several other rival companies that developed COVID-19 vaccines, Pfizer did not use federal funds and said it planned to make a profit. Democratic lawmakers and drug pricing advocates have raised concerns about Pfizer’s decision, arguing it could lead to price-gouging after the initial pandemic period.
quote:
"Based on what we’ve seen, we believe that a durable demand for our COVID-19 vaccine – similar to that of the flu vaccines – is a likely outcome," Bourla said.
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