Drug Cartel: Pfizer shatters profit records, continues raising prices on taxpayer-funded, liability-free products

The most expensive “free” shot of all time.

It’s the most expensive “free” shot of all time.

Pfizer’s Q2 earnings numbers parallel that of a top 5 global energy company. Of course, the slight difference here is that energy companies actually provide essential services for human flourishing, while Pfizer provides, well, government-backed snake oil.

Reuters @Reuters

Pfizer profit surges, reaffirms sales forecast for COVID-19 products reut.rs/3cLNDGS

This quarter, the drug company posted a total revenue of $27.7 billion, up 46.5% from $18.9 billion the same period of last year.

Net income is up 78% to $9.9 billion this quarter, from $5.5 billion in Q2 of 2021.

While many Americans are struggling to put food on the table, Pfizer’s taxpayer-supplied profits almost doubled year over year.

Morocco News @Morocco_News_

USA: Pfizer posts a 78% jump in profit in Q2-2022 #news #worldnews #breakingnews #newsupdate #latestnews

ift.ttUSA: Pfizer posts a 78% jump in profit in Q2-2022 - Morocco Latest NewsThe American pharmaceutical company Pfizer announced Thursday a 78% jump in its profit during the 2nd quarter, thanks in particular to the sales of its

Notably, none of Pfizer’s profits come from free market activity.

More than half of all Pfizer sales, and all of its profits, come from its expired mRNA gene therapy injections and Paxlovid. The outfit has fully transformed into a COVID-19 company. Without COVID Mania, the rest of Pfizer’s product line would see the pharma giant without any income this year. 

Moderna and Pfizer's infant and toddler COVID shots were designed for a strain that no longer exists

Business is booming for the taxpayer-funded, liability-free drug company. Just last month, the Biden Administration signed a deal with Pfizer that hiked the price of more than 50% extra per dose for Pfizer’s next batch of mRNA shots. 

Drug Cartel: Biden Admin agrees to pay Pfizer 56% more for their COVID shots

It’s a truly stunning outcome for a company that once claimed to have produced the cure for the coronavirus, but has in reality supplied an ineffective gene therapy with a massive side effect profile.

Albert Bourla @AlbertBourla

The data also showed the vaccine was 100% effective against severe #COVID19 as defined by @CDCgov and 95.3% effective against severe COVID-19 as defined by @US_FDA. Very reassuring news. (2/4)