Pharma Giant Made Record Profits as It Botched Bs-19 Vax Doses

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Pharma Giant Made Record Profits as It Botched Bs-19 Vax Doses

By Corbin Bolies

Vaccine maker Emergent BioSolutions botched 75 million doses of Johnson & Johnson and AstraZeneca’s COVID-19 vaccines, according to the FDA. But it still took in $628 million in revenue and gave its executives $8 million in cash bonuses, a New York Times investigation foundThe company, which only managed to produce somewhat-safe vials of vaccine last week, has made more money in the last year than any year in its 20-year history. That was bolstered by its government contract, which exceeded the combined total of all of its manufacturing contracts in the last three years. According to the contract, Emergent was required to reserve its three U.S.-based plants to produce vaccines, but it would receive payments regardless of whether anything was produced. The government contracts were also issued despite FDA inspections warning of quality issues in Emergent’s other plants.

A government official told the Times the government was in “panic buying” mode in the heat to beat COVID-19. Emergent said it didn’t inflate its prices for the deal.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Never miss any important news. Subscribe to our newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

McIntyre Report

Top 10 Crypto

in USD

in AUD

in GBP

in CAD

Current Price of Bitcoin 2.0

ANR Meme Report

with Nadine Roberts

Episode 002

21st Century Political System

Play Video

Enter email to receive ANR News articles ,2 free ebooks, plus the Global Health Organisation Report

Editor's Pick

Enter email to receive ANR News articles, 2 free e-books, plus the Global Health Organisation Report

Donate Now to Help Take Back Our World

$1000 Donation Turns Into $4000 of the New Global Currency

OWC (Our World Coin) Sponsorship Offer

If you donate to the Resistance you will receive major incentives.

Such as the following in Our World Coin which lists early 2022.

Plus if you donate over $2500 you will also receive 20% in Bitcoin 2.0