Mumbai13 hours ago
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In this bad phase of the pandemic, the vaccine is the only best option. In such a situation, its demand also increased rapidly. Vaccine makers took full advantage of this. The result was that the world got 9 new billionaires from the earnings from the vaccine.
Vaccination of almost all the people living in poor countries with total wealth is possible.
The special thing is that almost all the people living in poor countries can get the vaccine from their total wealth. In a report released recently, the People’s Vaccine Alliance said that the wealth of these nine people has increased by $ 19.3 billion (1.41 lakh crore). With this amount, poor countries can get 1.3 times more vaccines than they need. This statement of the Alliance has come at a time when countries like India and South Africa are continuously demanding the removal of patent protection from the vaccine.
Moderna and BayEntech employees’ wealth rises
At the top of the new list is Stefan Bansel, CEO of the pharmaceutical company Moderna. Whose net worth is $4.3 billion. It is followed by Ugur Sahin of BioNTech, who is the company’s CEO and co-founder. According to Forbes, his net worth is $ 4 billion. Along with this, three co-founders of Chinese company Cansino Biologics are also included in the list of new billionaires.
The wealth of India’s Poonawalla and Family also increased
The wealth of Cyrus Poonawalla, the founder of Serum Institute and his son Adar Poonawalla, grew rapidly in India. The company manufactures Corona’s vaccine Kovishield. The company has fixed Rs 300 per dose of corona vaccine for states and Rs 600 for private hospitals. In an interview, Adar Poonawalla had said that the company is making a profit of Rs 150 per dose.
Cost per dose Rs 150
In this context, a profit of Rs 15,000 crore has been made on 50 crore doses. This is more than three times the revenue of the company in the financial year 2019-20. Cyrus Poonawalla’s wealth has increased by 100% to $16.2 billion.
The Alliance’s statement assumes significance in view of the Global Health Conference of the G20 countries, as many of these countries are opposed to exempting vaccines from patent rights. At the same time, other countries including America and important figures like Pope Francis have also supported the demand to remove the patent.