re: Pfizer earned $3.5 billion on COVID vaccine in first quarter

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Pfizer frequently points out that it opted not to take federal funds proffered by the Trump administration under Operation Warp Speed, the initiative that promoted the rapid development of Covid-19 vaccines.

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President Trump said on Friday that pharmaceutical giant Pfizer offered an “unfortunate misrepresentation” when the company distanced itself from Operation Warp Speed.

“Pfizer said that it was not part of Warp Speed, but that turned out to be an unfortunate misrepresentation,” Trump said in a news conference. "It was an unfortunate mistake that they made when they said that."

Trump was referring to a Pfizer executive's comments from Sunday about the development of the company's COVID-19 vaccine candidate.

“We were never part of the Warp Speed,” Kathrin Jansen, senior vice president and head of vaccine research and development at Pfizer, told the New York Times on Sunday. “We have never taken any money from the U.S. government, or from anyone.”

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