Made 15 billion in 2021 at the initial prices, now 400-500% increase

J

Jeni

Senior Member
MSN
In a 2021 earnings call with stockholders, Pfizer’s Chief Financial Officer Frank D’Amelio revealed that the company was utilizing charging $19.50 per COVID-19 vaccine dose, anticipating a $15 billion profit in 2021. Fast forward to today, and Pfizer and Moderna have taken this notion to heart, as they have recently increased their COVID-19 shot prices by a staggering 500 percent
The sudden 500 percent price increase in COVID-19 shots offered by Pfizer and Moderna highlights the complexities of a market heavily influenced by government interventions.
“The list price of a dose of each shot is $120 to $130, according to the manufacturers,” the AP reported.

This is the fact most do not care about as their insurance or / government pays .... not seeing the cost trickles down in premiums or taxes.
 

I’m surprised that Medicare didn’t put a ceiling on the prices for the injections like they do for other preventative vaccines, like for Shingles and the Shingrix vaccines and Pneumonia or Prevnar injection.
 
Tell me if I understand this correctly. If you bought Pfizer stock five years ago, you'd have received around 4% per year in dividends while watching the value of your stock drop by over 40%.

There's more to understanding finance than just looking at the "gee whiz" numbers. JMHO
 

911 said:
I’m surprised that Medicare didn’t put a ceiling on the prices for the injections like they do for other preventative vaccines, like for Shingles and the Shingrix vaccines and Pneumonia or Prevnar injection.
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Clearly government could have limited the cost and chose not to. The taxpayer gets stuck with the bill.
 

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