Even though millions of people are getting vaccinated around the world, many countries are still experiencing shutdowns due to covid. India, Belgium, Germany, Turkey, Argentina and other countries are in yet another lockdown as I type this.
At first, I didn’t understand how this was possible, but someone explained it to me: covid is big business. BILLIONS OF DOLLARS are being made by drug companies as they sell their vaccine around the world.
For example, Pfizer is expected to make $24 billion dollars this year, and JNJ expects to make $100 million this quarter:
Pfizer sharply increased its 2021 profit projections on Tuesday, citing much higher Covid-19 vaccine sales which are on track to provide a “durable” revenue stream in the wake of the pandemic.To read the story click HERE
Moderna Inc.’s Covid-19 vaccine lifted the biotech company to its first-ever quarterly profit, a milestone in the rise of a company that burst into the spotlight last year as it rapidly developed a shot against the coronavirus. The vaccine brought Moderna revenue of $1.73 billion in the first quarter, reflecting three full months of its use in the U.S. and initial international sales, the company said Thursday.Read the full story HERE
How do you feel about people getting rich off of covid? Do you think we should see just as many advertisements on television about how we can strengthen our immune systems as we do about wearing masks and staying 6 feet apart?
What’s your opinion on this? Does it make you uncomfortable knowing drug companies are making billions of dollars off of covid?
Here’s my take on the situation:
While taking medication is definitely needed from time to time, it’s critical we are proactive and do everything we can to strengthen our immune systems. Covid may not be the last virus we encounter in our lifetimes. This means we must prepare now for any future health issues that come our way.
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