{"id":59288,"date":"2022-03-16T08:08:32","date_gmt":"2022-03-16T08:08:32","guid":{"rendered":"https:\/\/www.dr-rath-foundation.org\/?p=59288"},"modified":"2022-03-24T11:02:46","modified_gmt":"2022-03-24T11:02:46","slug":"modernas-profits-show-why-big-pharma-cant-meet-our-health-needs","status":"publish","type":"post","link":"https:\/\/www.dr-rath-foundation.org\/2022\/03\/modernas-profits-show-why-big-pharma-cant-meet-our-health-needs\/","title":{"rendered":"Moderna\u2019s Profits Show Why Big Pharma Can\u2019t Meet Our Health Needs"},"content":{"rendered":"<p>[vc_row][vc_column width=&#8221;1\/2&#8243;][vc_column_text css=&#8221;.vc_custom_1591886363072{margin-bottom: 16px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 1px !important;border-left-width: 0px !important;padding-bottom: 8px !important;border-left-color: #868686 !important;border-left-style: solid !important;border-right-color: #868686 !important;border-right-style: solid !important;border-top-color: #868686 !important;border-top-style: solid !important;border-bottom-color: #868686 !important;border-bottom-style: solid !important;}&#8221;]<\/p>\n<h3 style=\"color: #868686;\"><em>News<\/em><\/h3>\n<p>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1648109383171{margin-bottom: 14px !important;border-top-width: 1px !important;border-right-width: 1px !important;border-bottom-width: 1px !important;border-left-width: 1px !important;padding-top: 16px !important;padding-right: 16px !important;padding-bottom: 16px !important;padding-left: 16px !important;background-color: #efefef !important;border-radius: 5px !important;}&#8221;]<\/p>\n<p style=\"color: #868686;\">\u201cLast month, COVID-19 vaccine maker Moderna announced its financial results for 2021. They confirmed that Moderna\u2019s vaccine is one of the most lucrative medicines of all time, bringing in nearly $18bn in revenue for the company in a single year. \u201d <span style=\"font-size: 11px;\">[<em>Source: <span style=\"color: #666699;\"><a style=\"color: #868686;\" href=\"https:\/\/www.aljazeera.com\/opinions\/2022\/3\/16\/modernas-profits-show-why-big-pharma-cant-meet-our-health-needs\" target=\"_blank\" rel=\"noopener\">aljazeera.com<\/a><\/span><\/em>]<\/span><\/p>\n<p>[\/vc_column_text][vc_single_image image=&#8221;59309&#8243; img_size=&#8221;full&#8221; style=&#8221;vc_box_rounded&#8221; css=&#8221;.vc_custom_1648113033076{margin-top: 0px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1591883486142{margin-top: 0px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 0px !important;border-left-width: 0px !important;padding-top: 0px !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1591886370173{margin-bottom: 16px !important;border-top-width: 0px !important;border-right-width: 0px !important;border-bottom-width: 1px !important;border-left-width: 0px !important;padding-bottom: 8px !important;border-left-color: #868686 !important;border-left-style: solid !important;border-right-color: #868686 !important;border-right-style: solid !important;border-top-color: #868686 !important;border-top-style: solid !important;border-bottom-color: #868686 !important;border-bottom-style: solid !important;}&#8221;]<\/p>\n<h3 style=\"color: #868686;\"><em>Comment<\/em><\/h3>\n<p>[\/vc_column_text][vc_column_text]Moderna is hardly alone in making skyrocketing sums of money from COVID-19. Pfizer\u2019s vaccine has brought in $37 billion, for example, making it one of the most profitable products in history. It should thus come as no surprise that both Pfizer and Moderna are now claiming people need a <a href=\"https:\/\/www.nbcnews.com\/health\/health-news\/pfizer-moderna-say-time-another-covid-vaccine-booster-rcna20658\">fourth dose<\/a> of their COVID-19 vaccines. Given the vast profits they make, each of these companies has a vested interest in promoting the idea that repeated so-called \u2018booster\u2019 doses are needed on a regular basis.<\/p>\n<p>What is equally significant here is that major drug companies have been resisting demands for them to waive the patents on their COVID-19 vaccines and share the technology with smaller manufacturers in poorer countries. This only further confirms what we have always said about the pharma industry, namely, that it is driven not by human health but by the profits it makes for its shareholders.<\/p>\n<p>The enormous profits made by the likes of Pfizer and Moderna are a direct result of the fact that their drugs and vaccines can be patented, thus allowing them to create and control multibillion dollar markets. Maintaining the existence of diseases and expanding their incidence globally is a precondition for these profits to continue. Seen in this light, the pharma industry essentially has no interest in the COVID-19 pandemic being declared over anytime soon.<\/p>\n<p>To learn more about the true nature of the pharma industry, see the \u2018<a href=\"https:\/\/www.dr-rath-foundation.org\/2017\/08\/the-laws-of-the-pharmaceutical-industry\/\">Laws of the Pharmaceutical Industry<\/a>\u2019 feature on our website.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mental function in young adults living in industrialized countries can be improved by taking vitamin C supplements, researchers have said.<\/p>\n","protected":false},"author":2,"featured_media":59309,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[121],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Moderna\u2019s Profits Show Why Big Pharma Can\u2019t Meet Our Health Needs - 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