Quote:
Originally Posted by OrangeBlossomBaby
It's not "all" about money. Price increases are about money of course. Otherwise they'd be an increase in elevation of their patio chairs. Or an increase in the height of the new roof. Or an increase in my waist after eating a box of Yodels.
Did you really expect these companies would be able to continue doing research, improving their product, and basically giving away the entire first batch of their vaccines, without recouping some of those expenses? They are for-profit corporations, not governmental social programs.
You want capitalism, but you don't want to pay for it?
|
Giving away?
The Google machine is a fascinating thing...
"Pfizer Reaps Hundreds of Millions in Profits From Covid Vaccine. The company said its vaccine generated $3.5 billion in revenue in the first three months of this year."
"Moderna Inc. MRNA, -0.61% brought in $1.7 billion in sales of its COVID-19 vaccine in the first quarter of 2021, marking the company's first significant billion-dollar revenue haul this year and also the first time it's ever reported a GAAP profit. Moderna had earnings of $1.2 billion, or $2.84 per share, in the first quarter of 2021. This is compared to a loss of $124 million, or 35 cents per share, in the first quarter a year ago."