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Message

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

Posted on 5/4/21 at 9:02 am to
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73446 posts
Posted on 5/4/21 at 9:02 am to
quote:

Yall sound like a bunch of leftist socialists from the 1990s.
Posted by Diamondawg
Mississippi
Member since Oct 2006
32254 posts
Posted on 5/4/21 at 9:03 am to
Now extrapolate the savings in healthcare by folks not getting the virus and not being hospitalized. You got to crack a few eggs to make an omelette.
Posted by Jake88
Member since Apr 2005
68276 posts
Posted on 5/4/21 at 9:04 am to
Drug companies bad. Profits bad. That sounds like leftists.
Posted by ThinePreparedAni
In a sea of cognitive dissonance
Member since Mar 2013
11089 posts
Posted on 5/4/21 at 9:04 am to
Quite the business model

Problem (created/inflated)
Reaction (fear)
Solution ($$$$/control)
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73446 posts
Posted on 5/4/21 at 9:05 am to
quote:

Drug companies bad. Profits bad. That sounds like leftists.
Where the frick did I saw it was fricking bad?
Posted by MeatCleaverWeaver
Member since Oct 2013
22175 posts
Posted on 5/4/21 at 9:05 am to
Pfizer getting paid was probably a byproduct of China’s release of the Wu Flu. Getting Drumph was the primary intent.
Posted by squid_hunt
Baton Rouge
Member since Jan 2021
11272 posts
Posted on 5/4/21 at 9:06 am to
quote:

Drug companies bad. Profits bad.

Drug companies are bad. Government protections for drug companies are really bad. I don't care what it sounds like to you.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 5/4/21 at 9:06 am to
quote:

Quite the business model

Problem (created/inflated)
Reaction (fear)
Solution ($$$$/control)


This is basically an anti-capitalist rant.
Posted by squid_hunt
Baton Rouge
Member since Jan 2021
11272 posts
Posted on 5/4/21 at 9:08 am to
quote:

This is basically an anti-capitalist rant.

If you ignore the government involvement and inherent NAP violation, sure.
Posted by ThinePreparedAni
In a sea of cognitive dissonance
Member since Mar 2013
11089 posts
Posted on 5/4/21 at 9:09 am to
quote:

This is basically an anti-capitalist rant.


I have no problem of being critical when calling out exploits (in any system)

I hold many "opposing' views in balance. An example being an advocate for food quality and responsibly caring for the environment while acknowledging that "climate change" is fear mongering
This post was edited on 5/4/21 at 9:10 am
Posted by Jake88
Member since Apr 2005
68276 posts
Posted on 5/4/21 at 9:09 am to
You don't think people infer from your OP that you are suggesting that the billions in profit is a bad thing? Other who responded certainly believe it is bad. There is no button for respond to all in a thread, so I directed the response to your op.
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73446 posts
Posted on 5/4/21 at 9:10 am to
quote:

You don't think people infer from your OP that you are suggesting that the billions in profit is a bad thing?
I simply posted the news, did you read the link?

Posted by Jake88
Member since Apr 2005
68276 posts
Posted on 5/4/21 at 9:10 am to
quote:


Drug companies are bad
Posted by The Maj
Member since Sep 2016
27147 posts
Posted on 5/4/21 at 9:12 am to
quote:

Other who responded certainly believe it is bad.


I think the amount of government money they received for development and being paid by the government by the dose can be called into questions without saying the profit is necessarily "bad"...

How much in taxes is expected from their 3.5 billion windfall?
Posted by Jake88
Member since Apr 2005
68276 posts
Posted on 5/4/21 at 9:14 am to
quote:

 simply posted the news, did you read the link
You are an intelligent guy. You knew exactly how this would go over on this site.
Posted by NineLineBind
LA....no, the other one
Member since May 2020
6914 posts
Posted on 5/4/21 at 9:15 am to
This sounds like the pharmaceutical version of the military-industrial complex. Government and industry and rubbing each other's back. If the government can sell the need for a vaccine to more of the public, they get more kickbacks and big pharma makes more profit.

I'm not against companies making profit after footing the bill for the research and development when the market calls for natural demand of a product. But this doesn't smell right to me.
Posted by Jake88
Member since Apr 2005
68276 posts
Posted on 5/4/21 at 9:15 am to
The link says Pfizer took no federal dollars and always said they were looking to profit.
Posted by how333
Member since Dec 2020
2582 posts
Posted on 5/4/21 at 9:21 am to
They need it to keep pace with all the pay-offs given to politicians.
Posted by The Maj
Member since Sep 2016
27147 posts
Posted on 5/4/21 at 9:21 am to
quote:

The link says Pfizer took no federal dollars and always said they were looking to profit.




So far, the largest sums have gone to pharmaceutical giants Pfizer, AstraZeneca, and a collaboration between Sanofi and GSK, as well as biotech firms Moderna and Novavax – all of which have candidate vaccines being tested in people

So, did they not take the money, give the money back or was USA Today wrong in their reporting?

USA Today

NY Times

Reuters

Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73446 posts
Posted on 5/4/21 at 9:23 am to
quote:

You knew exactly how this would go over on this site.
If you mean knee jerk reactions and not reading the link, I guess you are correct.
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