Tag: COVID-19

Pfizer, BioNTech and Moderna making $1,000 profit every second while world’s poorest countries remain largely unvaccinated

Demand grows for firms to share vaccine recipes and technology as billionaire pharma bosses convene for ‘Big Pharma Davos’ New figures from the Peoples Vaccine Alliance reveal that the companies behind two of the most successful COVID vaccines – Pfizer, BioNTech and Moderna – are making combined profits of $65,000 every minute. The figures based […]

Pharmaceutical companies and rich nations delivering just one in seven of doses promised to developing countries

Australia has only delivered 6% of the 60 million vaccines pledged through the COVAX initiative.  Developing countries have been hit with an endless tide of inadequate gestures and broken promises from rich countries and pharmaceutical companies, who are failing to deliver billions of doses they promised while blocking the real solutions to vaccine inequality, according […]

New OECD figures show international aid woefully inadequate to fight COVID-19 crisis – Oxfam

Rich countries barely increased international aid by 1.4 percent overall in 2019, while they cut humanitarian assistance by 2.9 percent, according to figures published overnight by the Organisation for Economic Co-operation and Development (OECD). In response to the news, Oxfam Australia’s Head of Political Engagement Emma Bull said that while many wealthy countries gave more […]

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