Moderna, BioNTech, and Pfizer are reaping astronomical and unconscionable profits due to their monopolies of mRNA COVID vaccines — upwards of 69% profit margins in the case of Moderna and BioNTech — while Moderna and Pfizer are also paying little in taxes, campaigners from the People’s Vaccine Alliance said today. Thanks to their patent monopolies […]
The cost of vaccinating the world against COVID-19 could be at least five times cheaper if pharmaceutical companies weren’t profiteering from their monopolies on COVID-19 vaccines, campaigners from the People’s Vaccine Alliance said today. New analysis by the Alliance, which includes Oxfam, shows that the firms Pfizer/BioNTech and Moderna are charging governments as much as […]
Oxfam Australia Chief Executive Lyn Morgain said: “Today is another sad and shameful day for our nation, with the death in custody of Ngemba man Frank ‘Gud’ Coleman, who was 43 years old. We at Oxfam would like to pass on our condolences to his grieving family, who reportedly had been unable to visit him […]
Shane Stevenson, Oxfam Country Director for the Occupied Palestinian Territory and Israel, said: “Finally, for the first of 12 consecutive nights, two million Palestinians in Gaza, including hundreds of thousands of traumatised children, can rest rather than lie awake in fear as bombs fly over their homes. And civilians across Israel will be spared the threat […]
At least nine people have become new billionaires since the beginning of the COVID pandemic, thanks to the excessive profits pharmaceutical corporations with monopolies on COVID vaccines are making, The People’s Vaccine Alliance revealed today ahead of a G20 leaders Global Health Summit. Key members of the G20, who meet tomorrow, including the UK and […]
“We awake today in India with some fresh new hope that there is a genuine solution possible ahead of us – that we have been heard – and that our country as well as others suffering the horrific effects of rampant COVID-19 infections and deaths will not be forgotten and left behind,” said Amitabh Behar, […]
The COVID-19 crisis cost women around the world at least $800 billion in lost income in 2020, equivalent to more than the combined GDP of 98 countries, said Oxfam today. Globally, women lost more than 64 million jobs last year —a 5% loss, compared to a 3.9% loss for men. “Economic fallout from the COVID-19 pandemic is […]
As the Earth Day Summit begins, Oxfam is calling for President Biden, Prime Minister Scott Morrison, and other world leaders attending the virtual summit to urgently ramp up ambition to tackle the climate crisis. The poorest half of the world’s population —3.1 billion people— is responsible for just a small fraction of dangerous carbon emissions. […]
Ahead of shareholder meetings for the giant pharmaceutical corporations, the People’s Vaccine Alliance calculates that Pfizer, Johnson & Johnson and AstraZeneca have paid out $26 billion in dividends and stock buybacks to their shareholders in the past 12 months. This would be enough to pay to vaccinate at least 1.3bn people, the equivalent of the […]
Oxfam Australia Chief Executive Lyn Morgain said: “Today is a historic and shameful day for our nation. Thirty years ago, the landmark report of the Royal Commission into Aboriginal Deaths in Custody revealed the full extent of the danger that our justice system presents to First Peoples, and laid out the path we needed to […]