(FiveNation.com)- According to reports, Pfizer’s estimated revenue is $102 billion this year.
David Denton, the Chief Financial Officer of Pfizer, stated that the COVID vaccination business offers a multi-billion dollar market for the foreseeable future while increasing prices by ten thousand percent.
The CFO stated that the virus had become something like influenza but more lethal and that the vaccines and anti-virals developed by Pfizer to battle it will be necessary for years to come.
Pfizer’s annual revenues of around $80 billion from sales of COVID vaccines and antiviral medication Paxlovid are insufficient for the corporation. The pharmaceutical firm said last month that it was increasing the price of the injection to up to 130 dollars per dosage, a significant increase from the 19 dollars to 30 dollars previously paid by governments.
According to foreign reporting, some experts believe each shot costs just $1.18 to produce. Thus the increased price implies a ten thousand percent overcharge.
The markup signifies an effort to reach this year’s forecasted revenue goal of 32 billion dollars.
Peter Maybarduk, Director of Access to Medicines at Public Citizen, stated that Pfizer has already achieved obscene profits, with the corporation generating 40.9 billion dollars in 2019 and $41.7 billion in 2020, with a predicted $102 billion in total income for this year.
In a separate development, reports show a surprising new association between Autumn vaccination boosters and non-COVID excess fatalities in the United Kingdom.
The high excess mortality, most of which is heart-related, persisted throughout the summer and did not decline when the booster campaign concluded. This may be due to a delayed consequence of vaccination damage.
According to Heart.Org, Myocarditis is a severe but uncommon illness characterized by inflammation of the central muscular layer of the heart wall or Myocardium.
Myocarditis can weaken the heart’s electrical system and muscle tissue. Consequently, the ability of the heart to pump blood reduces.
It can be a persistent condition that lasts longer than two weeks. In severe circumstances, myocarditis might result in a stroke, a heart attack, heart failure, or even death.
Myocarditis is typically caused by a viral illness, bacterial infection, or fungal infection. It can also be caused by medications, autoimmune diseases, and toxic substances.
Don’t forget to get a booster this winter. Your betters depend on you!