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Sunday, August 11, 2024

The sickness of humanity or the evolution of mankind be caused by other forces?

 Donnie Harold Harris: Is it humanity's sickness or humankind's evolution caused by other forces? Are they the same thing, or are they the opposite of the same thing? Can we use the tools of Ethical doctrine, moral laws, or levels of dynamic existence to shed light on these crucial questions about our times? Can we roast the coffee beans and get co-coo?





Iron Butterfly on VH1 Where Are They Now TV Segment

Sunday, July 14, 2024

Big Pharma raked in USD 90 billion in profits with COVID-

 

Big Pharma raked in USD 90 billion in profits with COVID-19 vaccines

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Written by:Esther de Haan
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Pfizer, BioNTech, Moderna, and Sinovac made an extraordinary USD 90 billion in profits on their COVID-19 vaccines and medicines in 2021 and 2022. SOMO's new report, Pharma's Pandemic Profits, shows that these enormous gains are mainly due to decades of research funded by public investment, billions in grants for development and production, and tens of billions in Advanced Purchase Agreements (APAs) with governments.

Pfizer alone generated USD 35 billion in net profits on its COVID-19-related products during 2021 and 2022. BioNTech and Moderna made USD 20 billion each, while Sinovac pocketed 

  • Pharma's Pandemic Profits (pdf, 744.88 KB)

As health policymakers globally review the lessons learned during COVID-19, they must agree on decisive measures to prevent such extreme profiteering at taxpayers' expense. The Pandemic Accord, a new international instrument on which negotiations start this week(opens in a new window), recognizes the need for governments to attach conditions to public medical research and development funding. However, the draft text published earlier this month must make conditions on pricing, profit margins, and equitable access mandatory.

 

Without mandatory rules here, little will change. Corporate giants will continue to receive unconditional public funding and negotiate perverse deals. Public funding has to serve the public interest, which means affordable and safe medicines that are accessible to all, not super-profits for Big Pharma.”

Esther de Haan
Senior Researcher at SOMO

Billions of public funding and APAs, no strings attached

Amid the pandemic, governments spent billions in funding to support vaccine research and development. Seven vaccine producers received at least USD 5.8 billion in public financing, with the US government being the largest funder, providing USD 5 billion. Agreements made did not include obligations for the companies to return the funds, not even when large profits were made.

The vaccine producers benefitted even more from Advanced Purchase Agreements (APAs), which give upfront financing for development and production while transferring risk from suppliers to buyers. Pharmaceutical companies received at least USD 86.5 billion through these APAs. De Haan: "The exact amount is hard to pin down and could well be much higher because companies and governments have not been transparent about their deals. As far as we could establish, these agreements did not require companies to return money used to develop and produce vaccines, even when development failed, and the vaccine was never delivered."

COVID-19 Vaccines sold dearly

Despite receiving huge sums through publicly funded grants and APAs and making substantial profits from the outset, Pfizer/BioNTech and Moderna chose to increase the price of their vaccines by 56% and 73%, respectively, between 2020 and 2022. As fewer vaccines will be sold in the coming years, both companies have already announced that they will quadruple their latest known prices this year in an apparent bid to maintain significant profitability.

Vaccine inequity

The report concludes that governments and international organizations must ensure that the benefits of public investment in research, development, and production do not lead to such exorbitant profits and are shared more equitably, particularly with low-income countries. De Haan: "Companies have blatantly gone for profits and have been favouring deals with high-income countries, that would pay a higher price per dose. Governments of high-income countries have been pushing out low-income countries as well, by making deals with all the vaccine producers and claiming more vaccines than they needed."

Symptoms of systemic crisis

This month, the massive profits raked in by oil majors such as Shell and Exxon and food multinationals such as Unilever and Ahold-Delhaize have been at the forefront of the news. At a time when ordinary people are struggling with rising costs of living, Big Oil and Big Food are getting super wealthy, and so is Big Pharma. While the oil majors make money from driving climate change and profit from a war-related economic disruption, and food multinationals take advantage of inflation to artificially raise their prices, the pharmaceutical companies profit from a global pandemic and through an enormous influx of public money. These massive profits of big business are deepening wealth inequality across the globe.

#Moderna, #BioNTech, and #Pfizer, The #Vaccine, Virtuosos:

 Ah, the intricate dance of pharmaceutical companies and their tax maneuvers—it’s like a tango performed on a tightrope! Let’s step onto the floor and explore who’s been leading this tax cha-cha during the COVID-19 pandemic.






  1. Moderna, BioNTech, and Pfizer: The Vaccine Virtuosos:

    • These three companies—ModernaBioNTech, and Pfizer—have been twirling in the spotlight due to their mRNA COVID-19 vaccines. 🌟
    • Moderna and BioNTech have been reaping astronomical profits, with profit margins soaring up to 69%. Meanwhile, Pfizer is also doing quite well. 💰
    • But here’s the twist: While they’re raking in the dough, they’ve managed to pay little in taxes. 🕺
  2. The Tax Tango Explained:

    • You see, these companies make most of their sales right here in the good ol’ U.S. of A. 🇺🇸
    • Thanks to our unique healthcare system and the higher prices Americans pay for drugs, their revenue streams flow generously from American pockets.
    • Yet, when it comes to taxes, they’ve got some fancy footwork going on:
      • Intellectual Property Shuffle: They license their intellectual property (those vaccine secrets!) to offshore subsidiaries. 🌐
      • Ingredient Magic: The high-value-added active ingredients? Produced in factories in places like Ireland or Singapore. 🧪
      • Profit Pretense: They pretend the profit accrues to these offshore subsidiaries, even though the sales are back in the United States. 🤫
  3. Legal, but a Tax Tango Nonetheless:

    • Yes, it’s all legal—tax law is like a labyrinth with secret passages. 🗝️
    • There are other nuances, too—acquisitions, debt, litigation—but the bottom line is this: Investors and companies want to waltz away with a good deal on their taxes. 💃
  4. The Numbers, Please:

    • In recent years, the biggest pharmaceutical companies (including our vaccine stars) had an effective tax rate ranging from around 8% to 14%. That’s way lower than the nominal corporate tax rate of 21% that came into play during the Trump administration. 📊

So, my friend, while they’ve been saving lives with vaccines, they’ve also been doing some fancy tax footwork. It’s like watching a ballet where the prima ballerina wears a calculator as a tiara! 🩰

And hey, if you want to dive deeper into this tax pas de deux, feel free to explore the sourceIt’s like peeking behind the curtain during intermission! 

Now, what other mysteries shall we unravel together? A twist on climate change or a foxtrot through historical events? 

Did Pfizer pay federal Income taxes in the last 4 years?

 Ah, the age-old dance of taxes and corporations—a tango more intricate than a spider weaving its web. 🕷️ Let's unravel Pfizer's tax tale, shall we?

Pfizer, that venerable pharmaceutical giant, has been doing its fiscal cha-cha for quite some time. Here's the lowdown on their tax moves:

  1. The Tax Tango of Yore:

    • In 2017, when the Trump tax cuts were all the rage, Pfizer did a little jig. They reported an $11 billion earnings boost courtesy of those tax cuts. 💰
    • Simultaneously, they promised to pay $15 billion in "repatriation taxes" over eight years. Essentially, they shuffled some overseas profits back to the good ol' U.S. of A. 🌎
  2. Recent Tax Twirls:

    • Since then, Pfizer's tax waltz has been…varied. 🕺
    • In 2019, they paid an effective tax rate of 5.4%. In 2020, it was 5.3%. 2021? A whopping 7.6%. And 2022? A princely 9.6%. 💃
    • But wait, there's a plot twist! In 2023, Pfizer pulled off a tax moonwalk—they reported a negative tax rate and got a refund that outshone their actual tax payments. 🌙
  3. The Grand Finale:

    • Fast-forward to the most recent data: For the twelve months ending March 31, 2024, Pfizer's income after taxes was a modest -$0.254 billion. That's right, they're in the red. 📉
    • But hey, 2023 was a wild ride—$2.173 billion in income after taxes, but a 93.08% decline from the previous year. 🎢
    • And 2022? A blockbuster $31.401 billion in income after taxes, a 39.81% increase from 2021. 🎬

So, my friend, Pfizer's tax tango is a mix of pirouettes, moonwalks, and unexpected dips. If you ever find yourself at a Pfizer-themed ball, remember to wear comfortable shoes—you'll need 'em to keep up! 💃👞

And hey, if you want more juicy details, feel free to explore the sourceIt's like a backstage pass to the financial theater!

Now, what other mysteries can we unravel together?

The lower eleven, The state of the Union, The fall of mankind.

 The seed comes from the tree, and the tree comes from the seed. The time in between is the state of its existence. Humanity comes from a seed planted within the fertile ground of womanhood. The baby is moved forward through time to its autumn and its demise. A river is born in a single drop of rain, an ocean, a sublime gathering. The creatures of the deep are in the gatherings of its overall ( lord) mind. Feeding growing living in a line. The Great God Krishna believed in a higher power, a seed of some kind that came from a higher source of a godhead. Everything is more or less of something else. A sick, demonic government is the result of a group of minds of many pieces. Collectively, they create a more open mind within a swallow body, a foul gold of some kind. Humanity, from birth to death, life follows a line of growth. The head does not develop before the foot unless something is wrong with the mind. The mind is governed by the life cycle and the DNA code of the body. Two pieces of the eleven states on a single union of life. If one of the eleven pieces is out of alignment with the other ten, death or severe displacement ensues. Weather, nuclear war. A virus, a meteorite, or another displacement, and we all are gone. We let a few misguided men kill after raping the many as we all sheepishly jump off the cliff to hide the shame of the knowledge of our miss deeds of a false messiah. The sicker we are, the more complete the solution. The only way to be safe is to destroy the planet? Everything for nothing theory. What are the eleven powers of life? Without the proper growth of the single human body, the outness is more extensive. If a brain is too big, it's watered down. If the man is too fast, he becomes a one and only threw sports. If the heart is born outside the body, it is death. He is deformed if a foot is born on the side of the leg. If a mind thinks differently, he is crazy. If a god descends to earth, he will be misunderstood by religions everywhere. When a single country controls all of humanity, it makes it more likely the other levels will composer to remove it. Democrats, like communists, are not workable on every scale. A child cares about neither. Feed him when he is hungry, and he will love you forever until it is too late and he runs into your pre-approved drug war while you support the drug-chemical companies like Eli-Lilly Merck, Bayer, Pfizer, and others. A foot is less than a mind; you think until you find out that that foot is leading a different race. To save humanity, you reverse the eleven dynamics of existence. What are these eleven co-existing levels the Hindi God Bramma spoke of? In simple terms, they are.

Self without identity- a place to be more life. Life of the individual. Mommy and Daddy. Grandma grandpa. Brothers and sisters. The area of your childhood. Your classmates and schools, teachers, and classes. Your career and profession. Your place with rangers. Your ve life. And life partner-   your wife or life partner. The idea of trans sexually is a deformity like a club foot or a life-changing disease. The first cap of hate comes from government and laws directed at a person or people in general. Are you a drug dealer or a Lilly-in-law? Both are the same but in a different world.

What is our struggle except to be allowed to become our total self un, encumbered by unnatural, man-made laws? Anything directed goes two ways. Dualism. Zoroasterism. There is no up without down. No right without a wrong. Want more people flying in their own bodies? Make a law against fighting to protect the airlines. Want to control something makes the opposite wrong. Simple, socially powerful, and addictive. Drug war failure is more damaging than WW2. But not so for WW3. That is the next level up. Democracy and its pursuit of capitalism will destroy the world as we know it. How can we save the world? By saving ourselves. Vote out all Democrats and vote in all Republicans. Watch the independents; Donald Trump is far better than WW3 and Lost Joe Biden. Being the best of anything is not happening in a world of nothing. Donnie Harold Harris-666=18=9 811953=27=9 6:33 AM( a light barrier)= 1=3 993=3   Pfizer alone generated USD 35 billion net profits on COVID-19-related products during 2021 and 2022. BioNTech and Moderna made USD 20 billion each, while Sinovac pocketed USD 15 billionDid Pfizer pay federal Income taxes in the last 4 years?

Copilot
Sent by Copilot:

Ah, the age-old dance of taxes and corporations—a tango more intricate than a spider weaving its web. 🕷️ Let’s unravel Pfizer’s tax tale, shall we?

Pfizer, that venerable pharmaceutical giant, has been doing its fiscal cha-cha for quite some time. Here’s the lowdown on their tax moves:

  1. The Tax Tango of Yore:

    • Back in 2017, when the Trump tax cuts were all the rage, Pfizer did a little jig. They reported an $11 billion earnings boost, courtesy of those tax cuts. 💰
    • Simultaneously, they promised to pay $15 billion in “repatriation taxes” over eight years. Essentially, they shuffled some overseas profits back to the good ol’ U.S. of A. 🌎
  2. Recent Tax Twirls:

    • Since then, Pfizer’s tax waltz has been…varied. 🕺
    • In 2019, they paid an effective tax rate of 5.4%. In 2020, it was 5.3%. 2021? A whopping 7.6%. And 2022? A princely 9.6%. 💃
    • But wait, there’s a plot twist! In 2023, Pfizer pulled off a tax moonwalk—they reported a negative tax rate and got a refund that outshone their actual tax payments. 🌙
  3. The Grand Finale:

    • Fast-forward to the most recent data: For the twelve months ending March 31, 2024, Pfizer’s income after taxes was a modest -$0.254 billion. That’s right, they’re in the red. 📉
    • But hey, 2023 was a wild ride—$2.173 billion in income after taxes, but a 93.08% decline from the previous year. 🎢
    • And 2022? A blockbuster $31.401 billion in income after taxes, a 39.81% increase from 2021. 🎬

So, my friend, Pfizer’s tax tango is a mix of pirouettes, moonwalks, and unexpected dips. If you ever find yourself at a Pfizer-themed ball, remember to wear comfortable shoes—you’ll need 'em to keep up! 💃👞

And hey, if you want more juicy details, feel free to explore the sourceIt’s like a backstage pass to the financial theater! 🎭1234.

Now, what other mysteries can we unravel together? 

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