Big Pharma Makes BILLIONS From Exclusive Vaccine Access

Exclusive rights to COVID vaccines have made pharma’s wealthiest dozens of billions of dollars richer. John Iadarola and Bridget Todd break it down on The Damage Report.

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Read more here: https://truthout.org/articles/big-pharmas-shareholder-payouts-are-enough-to-fund-vaccines-for-all-of-africa/

"Pfizer, Johnson & Johnson, and AstraZeneca — three of the world’s top coronavirus vaccine manufacturers — have paid out a combined $26 billion in dividends and stock buybacks to their shareholders over the past year, a sum that could fully fund the cost of inoculating Africa’s entire 1.3 billion-person population.

That’s according to an analysis released Thursday morning by the People’s Vaccine Alliance, a coalition of advocacy organizations campaigning to end massive inequities in the distribution of life-saving coronavirus vaccines."

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