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mjvpi

(1,789 posts)
11. In a quick Google search Moderna increased sales from......
Fri Aug 26, 2022, 06:22 PM
Aug 2022

….. a measly $803 million to over $17 Billion in 2 years. Boston Globe said they had a profit of $12 Billion!. That’s “an exception to the rule”. It makes you wonder if they classify 10% to 20% as”loss leaders”. If those numbers are even close, that s an obscene profit margin. Especially during a global public health emergency. There is room to produce free vaccine for third world

Thanks for the info. I’m 64 and have seen big pharma profits explode even before Covid. They couldn’t do what they do without a steady supply of brain power provided by our education system and public/private partnerships. Public funding is what drives cutting edge research. RNMA s a prime example. Private research gives us viagra with huge profit margins. Alligator tears for the drug companies having to produce what people need.

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