Pfizer, BioNTech, Moderna making $1,000 profit every second: analysis

November 17, 2021

Credit: Unsplash/CC0 Public DomainPfizer, BioNTech and Moderna are making combined profits of $65,000 every minute from their highly successful COVID-19 vaccines while the world's poorest countries remain largely unvaccinated, according to a new analysis. "Pfizer, BioNTech and Moderna have used their monopolies to prioritise the most profitable contracts with the richest governments, leaving low-income countries out in the cold." Pfizer and BioNTech have delivered less than one percent of their total supplies to low-income countries while Moderna has delivered just 0.2 percent, the PVA said. Currently, 98 percent of people in low-income countries have not been fully vaccinated. Explore further Moderna to supply Africa with up to 110 million COVID doses© 2021 AFP