COVID-19: 3000 yen Pfizer vaccine: Cost 113 yen
-British media is shocked-
US pharmaceutical company Pfizer:
A giant who develops and manufactures the new coronavirus vaccine.
US pharmaceutical company Pfizer
Using a confidentiality contract,
It ’s said that it ’s devouring profits.
An indication was raised.
English newspaper Guardian Sunday edition
observer
On December 5, the cost of a single Pfizer vaccine is only 76 pence (113 yen).
Pfizer sells it for £ 22.
The report was quoted from an analysis by a British biotechnician.
Guardian Analysis:
Pfizer is thus making a “profit”.
“This is due to the confidentiality agreement clause,” the Guardian analyzes.
Confidentiality Agreement Clause:
The British government is with Pfizer,
Signed a contract for 189 million new coronavirus vaccines.
And we have agreed to a confidentiality clause.
US Consumer Rights Protection Group
Public Citizen
“There is a’secret barrier’in Pfizer’s contract,” said Zain Lizbi.
This is unacceptable in the context of a public health crisis. “
Zain Rizbi’s claim:
The UK must explain why it has agreed to a confidentiality clause with Pfizer.
The UK is the only developed country that has agreed to a confidentiality clause with Pfizer.
Pfizer argues:
However, he argued that “Pfizer does not include various costs in response to this point.”
Observers’ estimated costs do not include other costs such as research.
“The profit margin before tax for the new coronavirus vaccine is only in the 20% range,” he insisted.
Joongang Ilbo |
https://s.japanese.joins.com/JArticle/285421?sectcode=A00&servcode=A00
Wall of secrecy’ in Pfizer contracts as company accused of profiteering
Ministers have agreed
a secrecy clause in any dispute with the drugs manufacturer Pfizer over Britain’s Covid vaccine supply.
Large portions of the government’s contracts with the company
over the supply of 189m vaccine doses have been redacted and any arbitration proceedings will be kept secret.
The revelation comes
as Pfizer is accused by a former senior US health official of “war profiteering’’ during the pandemic.In a Channel 4 Dispatches investigation to be broadcast this week,
Tom Frieden, who was director of the US Centers for Disease Control and Prevention under Barack Obama, said:
“If you’re just focusing on maximising your profits and you’re a vaccine manufacturer … you are war profiteering.”
Zain Rizvi, research director at Public Citizen, a US consumer advocacy organisation
which has examined Pfizer’s global vaccine contracts, said:
“There is a wall of secrecy surrounding these contracts and it’s unacceptable, particularly in a public health crisis.”
Rizvi said
the UK needed to explain why it had agreed to secret arbitration proceedings.He said:
It’s the only high-income country we have seen that has agreed to this provision.
It allows pharmaceutical companies to bypass domestic legal processes.
The Channel 4 investigation
reveals analysis by one biological engineering expert claiming the Pfizer vaccine costs just 76p to manufacture for each shot.
It is reportedly being sold for £22 a dose to the UK government.
The estimated manufacturing costs do not include research, distribution and other costs,
but Pfizer says its profit margin as a percentage before tax are in the “high-20s”.
Pfizer expects to deliver 2.3bn vaccines this year with predicted revenues of $36bn (£26.3bn).
UK news | The Guardian