Pfizer, BioNTech, Moderna making $1,000 profit every second

This handout photo provided on November 16, 2021 courtesy of Pfizer shows the making of its experimental Covid-19 antiviral pills inside his laboratory in Freiburg, Germany. PHOTO/AFP
 

What you need to know:

  • The Alliance estimates that the trio will make pre-tax profits of $34 billion this year between them.

Pfizer, BioNTech and Moderna are making combined profits of $65,000 every minute from their highly successful Covid-19 vaccines while the world's poorest countries remain largely unvaccinated, according to a new analysis.

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