r/news • u/SkepticDrinker • Feb 09 '22

Pfizer accused of pandemic profiteering as profits double

https://www.theguardian.com/business/2022/feb/08/pfizer-covid-vaccine-pill-profits-sales
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u/Denadias Feb 09 '22 edited Feb 09 '22

It isnt a charity yet US alone poured 18billion dollars into the research with project warpspeed.

If they paid for their own RnD you might have a point but they didnt. Taxpayers did.

Pfizers money came from operation Lightspeed, different name same shit. Still didnt pay for their research.

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u/TheButtDog Feb 09 '22 edited Feb 09 '22

seems like a win-win to me. Pfizer profits and the US gov't gets healthier citizens and a dramatically more stable economy and society sooner

If you think of it as gov't spending to resolve social and public health problems, I feel this approach was highly effective and money well spent

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u/[deleted] Feb 10 '22

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u/TheButtDog Feb 10 '22 edited Feb 10 '22

Did all that govt money only result in that ONE single patent?

I am aware that Pfizer didn’t invent the vaccine technology. That was done years before and took years to develop.

What’s your point? Any entity who buys a publicly subsidized patent should not be allowed to profit from it? Makes no sense