{"id":3207,"date":"2022-07-06T12:48:19","date_gmt":"2022-07-06T12:48:19","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=3207"},"modified":"2022-07-06T12:48:19","modified_gmt":"2022-07-06T12:48:19","slug":"pfizers-investor-call-reveals-the-companys-plan-to-capitalize-on-its-failed-covid-drugs-for-years","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=3207","title":{"rendered":"Pfizer\u2019s Investor Call Reveals The Company\u2019s Plan To Capitalize On It\u2019s Failed COVID Drugs For Years"},"content":{"rendered":"<p><span>In a recent investor call with Pfizer\u2019s leadership and key financial backers, CEO Albert Bourla made it clear that the company has plans to capitalize on its failed COVID vaccines and antiviral drugs for years.\u00a0<\/span><\/p>\n<p><span>\u201cHopefully, we could be giving it annually and maybe for some groups that are high-risk more often,\u201d\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/s28.q4cdn.com\/781576035\/files\/doc_downloads\/2022\/Jan\/PFE-USQ_Transcript_2022-01-10.pdf\" target=\"_blank\" rel=\"noopener\"><span>Bourla told investors<\/span><\/a><span>\u00a0earlier this year, referring to COVID-19 booster shots and vaccines tailored to specific variants.\u00a0<\/span><\/p>\n<p><span>\u201cThen you have the treatment [Paxlovid] that will, let\u2019s say, resolve the issues of those that are getting the disease,\u201d he continued.\u00a0<\/span><\/p>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/khn.org\/news\/article\/pfizer-pandemic-vaccine-market-paxlovid-outsize-profit-influence\/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=newsletter_axiosvitals&amp;stream=top\" target=\"_blank\" rel=\"noopener\"><span>According to Kaiser Health News<\/span><\/a><span>, the company doubled its revenue from 2020 to 2021, bringing in more than $81 billion, and also gained a significant foothold in the American regulatory process.\u00a0<\/span><\/p>\n<p><span>As the world has seen, both the vaccine and the antiviral drug has shown themselves to be ineffective at stopping infections, spread or resolving sickness from the virus. In fact, some patients have\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.health.com\/news\/cdc-paxlovid-rebound\" target=\"_blank\" rel=\"noopener\"><span>experienced issues<\/span><\/a><span>\u00a0with \u201crebound\u201d infections with Paxlovid, experiencing stronger symptoms after completing their series of the antivirals from Pfizer.<\/span><\/p>\n<p><span>That failure won\u2019t stop Pfizer from selling millions more doses, though, executives said. \u201cPeople are going to get out there,\u201d the president of Pfizer Biopharmaceuticals Group, Angela Hwang,\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/s28.q4cdn.com\/781576035\/files\/doc_financials\/2022\/q1\/PFE-USQ_Transcript_2022-05-03.pdf\" target=\"_blank\" rel=\"noopener\"><span>said in May<\/span><\/a><span>. \u201cWe know with all of that, infections are going to increase, and that\u2019s the role that Paxlovid can play.\u201d<\/span><\/p>\n<p><span>The Biden administration has helped to further their plans, ordering millions of new doses of both the vaccine and the antiviral pill, despite its inability to curb the virus\u2019 impact on most Americans.\u00a0<\/span><\/p>\n<p>BREAKING: The Biden administration has announced a $3.2 billion deal to purchase 105 million doses of Pfizer\u2019s COVID-19 vaccine for a fall vaccination campaign.<\/p>\n<p>This deal is enriching shareholders of the most profitable industry history.<\/p>\n<p>Who is this administration fighting for?<\/p>\n<p>\u2014 Jenny Beth Martin (@jennybethm) <a href=\"https:\/\/twitter.com\/jennybethm\/status\/1543725881725800450?ref_src=twsrc%5Etfw\">July 3, 2022<\/a><\/p>\n\n<p><span>Dr. Mikael Dolsten described immunocompromised patients as an \u201copportunity growth area\u201d during the investor call. Pfizer is now approaching Paxlovid\u2019s\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.popsci.com\/health\/covid-rebound-on-paxlovid\/\" target=\"_blank\" rel=\"noopener\"><span>failure<\/span><\/a><span>\u00a0to neutralize the virus as an opportunity to give patients more courses.<\/span><\/p>\n<p><span>\u201c[They] may carry this virus for a very, very long time,\u201d he said. \u201cAnd we see that area as a real new opportunity growth area for Paxlovid to do very well, where you may need to take multiple courses.\u201d<\/span><\/p>\n<p><span>The company\u2019s projected\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/dailycaller.com\/2022\/05\/06\/pfizer-moderna-profit-big-pharma-covid-19-coronavirus-vaccine\/\" target=\"_blank\" rel=\"noopener\"><span>revenue<\/span><\/a><span>\u00a0in 2022 is $50 billion from the vaccine and Paxlovid.<\/span><\/p>\n<p><span>Profitability is expected to expand in the future.\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/s28.q4cdn.com\/781576035\/files\/doc_downloads\/event-announcement\/2021\/01\/12\/PFE-USQ_Transcript_2021-01-12.pdf\" target=\"_blank\" rel=\"noopener\"><span>Bourla told investors<\/span><\/a><span>\u00a0that the price of both Pfizer\u2019s COVID-19 vaccine and Paxlovid will increase once society is past the pandemic to \u201creflect the cutting-edge technology.\u201d<\/span><\/p>\n<p>The post <a href=\"https:\/\/www.thegatewaypundit.com\/2022\/07\/pfizers-investor-call-reveals-companys-plan-capitalize-failed-covid-drugs-years\/\">Pfizer\u2019s Investor Call Reveals The Company\u2019s Plan To Capitalize On It\u2019s Failed COVID Drugs For Years<\/a> appeared first on <a href=\"https:\/\/www.thegatewaypundit.com\/\">The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>In a recent investor call with Pfizer\u2019s leadership and key financial backers, CEO Albert Bourla made it clear<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-3207","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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