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Covid-19 vaccines have spawned nine new billionaires

Profits from Covid-19 jabs have created at least nine new billionaires, a campaign group says. PARIS: Profits from Covid-19 jabs have helped at least nine people become billionaires, a campaign group said on Thursday, calling for an end to pharmaceutical corporations monopoly control on vaccine technology. Between them, the nine new billionaires have a combined net wealth of $19.3 billion (15.8 billion euros), enough to fully vaccinate all people in low-income countries 1.3 times, The People s Vaccine Alliance said in a statement. The alliance, a network of organisations and activists campaigning for an end to property rights and patents for inoculations, said its figures were based on the Forbes Rich List data.

Coronavirus vaccines have helped nine people become billionaires: campaign group

Coronavirus vaccines have helped nine people become billionaires: campaign group By Nine new billionaires emerge with profits from COVID-19 jabs. Topping the list of new vaccine billionaires are CEO of Moderna Stephane Bancel, and his BioNTech counterpart Ugur Sahin. Three other neobillionaires are co-founders of the Chinese vaccine company CanSino Biologics. PARIS: Profits from Covid-19 jabs have helped at least nine people become billionaires, a campaign group said Thursday, calling for an end to pharmaceutical corporations’ “monopoly control” on vaccine technology. “Between them, the nine new billionaires have a combined net wealth of $19.3 billion (15.8 billion euros), enough to fully vaccinate all people in low-income countries 1.3 times,” The People’s Vaccine Alliance said in a statement.

COVID-19 helps 9 people become new billionaires —campaign group

Published May 20, 2021 12:21pm Profits from COVID-19 jabs have helped at least nine people become billionaires, a campaign group said Thursday, calling for an end to pharmaceutical corporations monopoly control on vaccine technology. Between them, the nine new billionaires have a combined net wealth of $19.3 billion (15.8 billion euros), enough to fully vaccinate all people in low-income countries 1.3 times, The People s Vaccine Alliance said in a statement.  The alliance, a network of organizations and activists campaigning for an end to property rights and patents for inoculations, said its figures were based on the Forbes Rich List data.  These billionaires are the human face of the huge profits many pharmaceutical corporations are making from the monopoly they hold on these vaccines, said Anna Marriott from charity Oxfam, which is part of the alliance.

Covid vaccines create 9 new billionaires with combined wealth greater than cost of vaccinating world s poorest countries

Covid vaccines create 9 new billionaires with combined wealth greater than cost of vaccinating world s poorest countries
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