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by Hanna Ziady, CNN Business May 21, 2021 .
Covid-19 vaccines have created at least nine new billionaires after shares in companies producing the shots soared.
Topping the list of new billionaires are Moderna CEO Stéphane Bancel and Ugur Sahin, the CEO of BioNTech, which has produced a vaccine with Pfizer. Both CEOs are now worth around $4 billion, according to an analysis by the People’s Vaccine Alliance, a campaign group that includes Oxfam, UNAIDS, Global Justice Now and Amnesty International.
Senior executives from China’s CanSino Biologics and early investors in Moderna have also become billionaires on paper as shares skyrocketed, partly in expectation of profits earned from Covid vaccines, which also bode well for the companies’ future prospects. The analysis was compiled using data from the Forbes Rich List.
AstraZeneca: We demand a People’s Vaccine
AstraZeneca: We demand a People’s Vaccine
As AstraZeneca held its annual shareholder meeting on Tuesday, our youth network launched protests outside the company’s head office in Cambridge, its second largest UK site in Macclesfield and outside Oxford University. We brought our demands for a People’s Vaccine directly to the company so they could not be ignored and our protests were also widely covered in local and national media.
These protests were part of a series of actions at Big Pharma shareholder meetings by the People’s Vaccine alliance to demand the industry share its vaccine technology, know-how and intellectual property with the World Health Organisation’s Covid-19 Technology Access Pool. In the past few weeks, People’s Vaccine protests have also been organised outside the US headquarters of Moderna, Johnson & Johnson and Pfizer. All of these vaccines have been developed with public funding and should be global publi
A WTO patent waiver on vaccines and technology could be the game changer in Covid-19 battle
Delaying vaccine access will also only increase inequality and the social and economic costs of the pandemic. Yesterday · 07:30 am Signs announcing that there will be no vaccination for three days, due to shortage of vaccine supplies, are seen outside a Covid-19 vaccination centre in Mumbai on April 30. | Punit Paranjpe / AFP
The bold decision by US President Joe Biden to back the temporary waiver of intellectual property protections for Covid-19 vaccines feels like the emergence of light at the end of a long dark tunnel for India and the world.