Pfizer Reveals Plan To Markup COVID Vaccine Price By 10,000% - Ring of Fire

[TexasTowelie]

Pfizer has announced that they’ll be price gouging Americans next year by raising the COVID vaccine price by TEN THOUSAND PERCENT. Mike Papantonio & Farron Cousins discuss more.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Pfizer has announced that there'll be price gouging Americans next year by raising the Covid vaccine priced by 10000%. What a deal. Pick it up.
The United States taxpayers paid for the development of these vaccines.
Right.
The government gave them our tax dollars and said, for the love of God, develop vaccines. We've gotta get over this pandemic. And they did it. And now they hold the patents. We can't do anything about that because they didn't say these are gonna be open source. And now Pfizer says, well, since the pandemic's died down, starting in January, even though it costs us $1.18 to produce it, we're gonna sell it for a hundred plus dollars per vial, per shot.
Mm-hmm.
A hundred dollars.
10000% markup, 10000%.
Mm-hmm.
Now you've done stories and I've done stories, we've done 'em together where we talk about that's the new norm in the pharmaceutical industry. Here, the argument that it's about research and development is completely utter nonsense. It has nothing to do with, has nothing at all to do with research and development. It doesn't even have to do with marketing. They don't have to market.
Right.
The government is marketing for 'em all over the world. They're doing the marketing. So this is just, hey baby, let's just put it in our pockets. It costs them $1, to make a vial of vaccine, costs them $1. You just pointed out that they're selling it for as high as $130 per vial.
And like you said, it all goes right into their pockets. The vaccines are developed. They know that we're probably living in a post Covid world where you have to get a booster every year, maybe twice a year, just like a flu shot.
Insurance is gonna pay it. We'll just pass that on.
Exactly.
Medicare is gonna pay it. Medicaid's gonna pay it.
And you know the story I always come back to is one story that you told about a deposition you took over in Europe.
Yeah.
And, and at the end of the day, you asked them, just out of curiosity. Why, why are you only charging them X amount here but you're charging, you know, 10 times that in America? And the answer was, because we can.
Because we can. Those were his exact words. He looked across the table. This is a product that was killing people all over the world. And this was like an aside. I thought, well I got a couple minutes, let me find out. I never dreamed he would say, I'm charging 300% more because we can in America. That's what's happening right here.
That, that is, it's because we can.
And the government could do something about it. Joe Biden could do something. Trump could have done something. Clinton could have done something. Obama could have done something. Bush could have done something. But they refused to do it because the pharmaceutical industry owns, bought and paid for, Washington, DC.

[Turbineguy]

1. All the more reason for trump supporters

not to get vaccinated.

[Warpy]

2. That means people will get the Moderna shot

which has been slightly more effective than Pfizer's offering.

I can sympathize with the vaccine manufacturers somewhat, the cost of developing the RNA vaccine and the massive testing it had to undergo before release was horrendously expensive. The price will go up for all vaccine producers, they will need to recoup those costs somehow. Since this is a vaccine that is likely to need boosters as the virus mutates, bend over. There is likely to be a copay.

Bend over anyway, it hurts a lot less when you get it in your bum.