Are Vaccines big Money now?
See next link for vaccine price list. Several of the newer vaccines are well over $100 a shot and they only cost 1 to $4 to produce.
#20.https://www.cdc.gov/vaccines/programs/vfc/awardees/vaccine-management/price-list/index.html Here is the price list for today’s vaccines. Chicken pox or Varicella vaccine $110, HPV vaccine $160, Rotavirus vaccine $115, pneumococcal vaccine $130. How can something be a money loser that cost $4.00 to make and sells for $120.
A couple of the oldest vaccines are around $13 to $20 for the CDC and $30 in the private sector.
You may say "so what pharma has a right to make a profit". True, but this is to show these are not just profits, there 'massive' profits. How many industries make over 50% profit? Vaccines are 200% to 1000% profit. They will say and do anything to maintain these profits. Billions are at stake. They have the money to buy your legislators, CDC and control the media. The media makes more money off pharma advertising than any other source. The LA Times was recently bought by a pharma billionaire.
This says: "today, it costs 68 times more to fully immunize a child than it did in 2001". GSK has made $30 Billion since 2009 on the pneumococcal vaccine alone.($130 a child)
#19.https://www.theglobeandmail.com/life/health-and-fitness/health/conditions/how-vaccines-became-big-business/article572731/ This 2009 article says. flu shot costs $1 to make and has gone from $2 dollars a shot to $8(now $18, is a 2009 article) a shot, a healthy profit(See 5th paragraph under heading "How vaccines are sold and prices set").
Shows how vaccines have become big business and prices rising fast. Vaccines have gone from money losers 20 years ago and are now big money and have become top money makers for the few vaccine makers left.
19a.https://investors.merck.com/news/press-release-details/2018/Merck-Announces-Fourth-Quarter-and-Full-Year-2017-Financial-Results/default.aspx This 2018 report shows that 3 vaccines, Gardasil, MMRll and pneumovax 23, are the number 3rd, 5th and 8th top money making products for Merck.
19b-https://www.statista.com/statistics/265102/revenues-in-the-global-vaccine-market/ This shows the Global vaccine market has gone from 32 $Billion in 2014 to 49 Billion in 2018 and expected to be 60 $billion in 2020. Don’t tell me vaccines are not profitable!
19c. https://www.ft.com/content/93374f4a-e538-11e5-a09b-1f8b0d268c39 The Financial Times says "Vaccines are among pharma's biggest selling products.
Phizer says the pneumonia, meningitis pneumococcus vaccine is it’s biggest money maker now, making $6.2 Billion last year at $115 a shot, and costs only a few dollars to make. Also see link #49.
This 2019 article says a Vaccine Prevnar 13 is Phizer's top money maker. Since 2015 has made 23 Billion dollars. They raised the price 5 to 8% annually, faster than inflation. This vaccine is more profitable than Viagra, another of their products.
-This from Reuters news shows in 2019 for Merck, vaccines are driving it's profits. Is making even more money off HPV vaccine and the measles vaccine.
YES, VACCINES ARE NOW BIG MONEY!
I hear over and over "pharma does not make any money off vaccines". Absolute nonsense! Yes that was true 20-25 years ago. Now vaccines are blockbuster money makers.
It can cost anywhere from 300 million to 1.5 Billion to bring a new vaccine to market, that can be recouped in 6 months.
As you go through the links below, you will see that vaccines are now among pharma's top moneymakers now. Phizer says the pneumococcus vaccine is it's biggest money maker now, making 6.2 $billion last year. ($115 a shot and costs 2 or 3 dollars to make.)