Meanwhile 98 percent of people in low income countries have not been fully vaccinated. Pfizer and BioNTech have delivered less than one percent of their total vaccine supplies to low-income countries, while Moderna has delivered just 0.2 percent. These companies have sold the majority of doses to rich countries, leaving low-income countries out in the cold. The figures based on the latest company reports are released as CEOs from pharmaceutical industry meet for the annual STAT summit -the equivalent of a ‘Big Pharma Davos’- from 16-18 November. New figures from the Peoples Vaccine Alliance reveal that the companies behind two of the most successful COVID-19 vaccines -Pfizer, BioNTech and Moderna- are making combined profits of $65,000 every minute.
Demand grows for firms to share vaccine recipes and technology as billionaire pharma bosses convene for ‘Big Pharma Davos’