More pandemic profiteers: COVID-19 vaccines have minted at least NINE new pharma billionaires – and their combined wealth is enough to buy shots for 780 MILLION people in low-income nations

  • Nine executives from Moderna, BioNTech, ROVI and CanSino Biologics have all become billionaires throughout the pandemic 
  • Together they are now worth $19.3 billion – a combined net wealth greater than what it would cost to vaccinate the world’s poorest nations 
  • The list was compiled by the People’s Vaccine Alliance, a campaign group that includes Oxfam, UNAIDS, Global Justice Now and Amnesty International 
  • Moderna CEO Stéphane Bancel is now worth a whopping $4.3 billion after his company was granted emergency use authorization in the US in December
  • CEO and co-founder of BioNTech Ugur Sahin is close behind with a wealth of $4 billion, following its collaboration on a vaccine with Pfizer
  • Senior executives from CanSino Biologics have also become billionaires after it developed a one-shot vaccine that was approved for use in China this February  
  • It comes as world leaders will discuss at the G20 Global Health Summit whether to waive patent protections for COVID-19 vaccines
  • Supporters say it will allow more manufacturers to produce life-saving vaccines and increase their supply to poorer countries

www.dailymail.co.uk/news/article-9606183/COVID-19-vaccines-minted-NINE-new-pharma-billionaires.html