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Revealing News For a Better World

News Stories
Excerpts of Key News Stories in Major Media


Below are highly revealing excerpts of key news stories from the major media that suggest major cover-ups and corruption. Links are provided to the full stories on their media websites. If any link fails to function, read this webpage. These news stories are listed by date posted. You can explore the same list by order of importance or by date of news story. By choosing to educate ourselves and to spread the word, we can and will build a brighter future.

Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.


Executive-level FDA official recorded on hidden camera saying annual COVID shots expected
2022-02-16, ABC News (Arkansas affiliate)
Posted: 2022-02-27 19:43:22
https://katv.com/news/nation-world/executive-level-fda-official-recorded-on-h...

Project Veritas released a video on Tuesday which allegedly shows an executive-level Food and Drug Administration (FDA) official admitting the Biden administration has plans to require yearly COVID shots "just like the flu shot." Christopher Cole, an executive officer for the FDA's Medical Countermeasures Initiative (MCMi), was apparently recorded on hidden camera by Project Veritas admitting "Biden wants to inoculate as many people as possible." "You'll have to get an annual shot," Cole said on camera. "I mean, it hasn't been formally announced yet 'cause they don't want to, like, rile everyone up," he added. Cole said in the video his managerial role at the FDA's MCMi involves overseeing vaccines, vaccine approvals, and devices for vaccines, and noted his "office clears all the emergency approvals" for such counter measures. "There's almost a billion dollars a year going into FDA's budget from the people we regulate," Cole says in the Project Veritas video. "The drug companies, the food companies, the vaccine companies, they pay us hundreds of millions of dollars a year to hire and keep the reviewers to approve their products. If they can get every person required at an annual vaccine, that is a recurring return of money going into their company," Cole added, in reference to pharmaceutical manufacturers. Cole also expresses concern over the FDA's process to approve COVID-19 vaccines for young children between six months of age and four years old in the video.

Note: Explore hundreds of personal stories of severe vaccine injury and death that are being strongly suppressed by government and the major media. An MD's excellent research reveals that the government knew about and actively suppressed safe, effective, low-price treatments for COVID and targeted physicians who prescribed them. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and coronavirus vaccines from reliable major media sources.


Study challenges evolutionary theory that DNA mutations are random
2022-01-12, Science Daily
Posted: 2022-02-27 19:41:25
https://www.sciencedaily.com/releases/2022/01/220112121512.htm

Findings, published January 12 in the journal Nature, radically change our understanding of evolution and could one day help researchers breed better crops or even help humans fight cancer. Mutations occur when DNA is damaged and left unrepaired, creating a new variation. The scientists wanted to know if mutation was purely random or something deeper. What they found was unexpected. "We always thought of mutation as basically random across the genome," said [paper lead author] Grey Monroe. "It turns out that mutation is very non-random and it's non-random in a way that benefits the plant. It's a totally new way of thinking about mutation." Researchers spent three years sequencing the DNA of hundreds of Arabidopsis thaliana, or thale cress. Sequencing of those ... plants revealed more than 1 million mutations. Within those mutations a nonrandom pattern was revealed, counter to what was expected. Instead of randomness they found patches of the genome with low mutation rates. In those patches, they were surprised to discover an over-representation of essential genes, such as those involved in cell growth and gene expression. "These are the really important regions of the genome," Monroe said. "The areas that are the most biologically important are the ones being protected from mutation." The areas are also sensitive to the harmful effects of new mutations. The findings [reveal] that the plant has evolved to protect its genes from mutation to ensure survival.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the mysterious nature of reality from reliable major media sources.


Prosecutors Silence Evidence of Cruel Factory Farm Practices in Animal Rights Cases
2022-01-30, The Intercept
Posted: 2022-02-27 19:40:06
https://theintercept.com/2022/01/30/animal-rights-activists-dxe-trial-evidence/

In criminal trials, judges routinely rule that certain evidence or testimony does not get presented to the jury. By and large, these rulings to exclude evidence benefit the defendant. In ... cases against animal rights activists, who face hefty charges for removing ailing animals from farms, the typical logic behind keeping evidence from a jury is flipped on its head. The prosecutors, rather than defendants, have sought ... to suppress all mention during trial of animal cruelty. Next month, a Utah judge will hear pretrial motions on the exclusion of evidence in a case against two members of the animal liberation group Direct Action Everywhere. The activists face charges of burglary and theft for removing two suffering piglets from a hog farm in 2017, for which they could be sentenced to more than a decade in prison. The Utah attorney general is seeking to exclude all evidence and testimony relating to the torturous treatment of animals. The activists filmed themselves entering the pork facility; they turned the camera onto the pigs – mother pigs with bloody nipples, pigs with huge open sores, dead and dying piglets on the floor – and filmed themselves removing the piglets. The prosecution argues that ... the activists' commentary on the grim factory conditions and any mention of the company's mistreatment of its animals would be unfairly prejudicial. That a prosecutor would move to preclude real-time footage of the alleged crime speaks to a frantic desire to foreclose any reckoning with the case's crucial context.

Note: Read more about how video evidence of animal cruelty is suppressed to protect factory farms. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption from reliable major media sources.


How The Covid-19 Vaccine Injected Billions Into Big Pharma–And Made Its Executives Very Rich
2021-05-14, Forbes
Posted: 2022-02-27 19:38:30
https://www.forbes.com/sites/forbesdigitalcovers/2021/05/14/virus-book-excerp...

Before the Covid-19 pandemic, Big Pharma had been easing out of the vaccine business for decades. Ultimately, Operation Warp Speed (OWS)–the U.S. government's Covid-19 relief program–would dole out $22 billion to Big Pharma. The amounts of money were the kinds of sums normally seen in the smaller defense budget line items, but were massive for a public health project–$2.5 billion to Moderna, $1.2 billion to AstraZeneca, half a billion dollars to Johnson & Johnson, and $1.6 billion to a small company called Novavax. Only Pfizer opted out of ponying up to the trough at first–it didn't want to devote resources to coordinating with the US government on its work. In July, Pfizer signed a $1.95 billion deal to sell one hundred million doses of its two-shot vaccine to the United States, enough for fifty million people. By February, the government had ordered three hundred million doses from Moderna, with its first shipment of one hundred million priced at thirty dollars per double-shot dose–cheaper than Pfizer partly because the United States had forked over nearly a billion dollars to Moderna research. Even more money was raining down on company insiders trading on good-news releases. Executives at Moderna and Pfizer cashed in on the vaccine, selling shares timed precisely to clinical trial press releases. Pfizer executives ... earned $14 million from stock sales in 2020. Moderna executives made $287 million from timed stock sales in 2020–and kept going.

Note: Explore hundreds of personal stories of severe vaccine injury and death that are being strongly suppressed by government and the major media. An MD's excellent research reveals that the government knew about and actively suppressed safe, effective, low-price treatments for COVID and targeted physicians who prescribed them. For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines and Big Pharma profiteering from reliable major media sources.


Pfizer revenue and profits soar on its Covid vaccine business
2021-11-02, CNN News
Posted: 2022-02-27 19:36:58
https://www.cnn.com/2021/11/02/business/pfizer-earnings/index.html

Pfizer reported that earnings and sales more than doubled in the past quarter, and it raised its outlook for results the full year, thanks greatly to its Covid-19 vaccine. The company reported adjusted earnings of $7.7 billion, up 133% from a year earlier. Revenue soared to $24.1 billion, up 134%. Both easily cleared results forecast by analysts. The vaccine business alone was responsible for more than 60% of the company's sales, as vaccine revenue rose to $14.6 billion from only $1.7 billion a year earlier. The company said its Covid vaccine sales accounted for $13 billion of that revenue. Revenue outside of its Covid vaccine business was up a far more modest 7%. This year, the Covid vaccine has brought in revenue of $24.3 billion. And Pfizer said it expects a total of $36 billion from the vaccine for all of 2021 – nearly $12 billion more in revenue the final quarter of the year. And it said based on contracts it now has signed it expects revenue $29 billion from the Covid vaccine in 2022. The company said it now expects full-year 2021 revenue of between $81 billion to $82 billion, up $2 billion from its earlier guidance. It also raised its earnings per share outlook by about 3% to 5% above what it had been expected to earn. About 67% of the total US population has had a least one dose of a Covid vaccine, and 58% are fully vaccinated, according to data tracked by the Mayo Clinic.

Note: Explore hundreds of personal stories of severe vaccine injury and death that are being strongly suppressed by government and the major media. An MD's excellent research reveals that the government knew about and actively suppressed safe, effective, low-price treatments for COVID and targeted physicians who prescribed them. For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines and Big Pharma profiteering from reliable major media sources.


F.B.I. Secretly Bought Israeli Spyware and Explored Hacking U.S. Phones
2021-01-28, New York Times
Posted: 2022-02-27 19:35:00
https://www.nytimes.com/2022/01/28/world/middleeast/israel-pegasus-spyware.html

It is widely regarded as the world's most potent spyware, capable of reliably cracking the encrypted communications of iPhone and Android smartphones. The software, Pegasus, made by an Israeli company, NSO Group, has been able to track terrorists and drug cartels. It has also been used against human rights activists, journalists and dissidents. Now, an investigation published Friday by The New York Times Magazine has found that Israel, which controls the export of the spyware ... has made Pegasus a key component of its national security strategy, using it to advance its interests around the world. The F.B.I. bought and tested NSO software for years with plans to use it for domestic surveillance until the agency finally decided last year not to deploy the tools. The F.B.I., in a deal never previously reported, bought the spyware in 2019. It also spent two years discussing whether to deploy a newer product, called Phantom, inside the United States. The discussions at the Justice Department and the F.B.I. continued until last summer. But Pegasus equipment is still in a New Jersey building used by the F.B.I. And the company also gave the agency a demonstration of Phantom, which could hack American phone numbers. A brochure ... says that Phantom allows American law enforcement and spy agencies to "turn your target's smartphone into an intelligence gold mine." In 2018 ... the C.I.A. bought Pegasus to help Djibouti, an American ally, fight terrorism, despite longstanding concerns about human rights abuses there.

Note: Read about how NSO Group spyware was used against journalists and activists by the Mexican government. For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and the disappearance of privacy from reliable major media sources.


Peng Shuai saga hews to familiar script in China
2022-02-07, ABC News/Associated Press
Posted: 2022-02-27 19:32:56
https://abcnews.go.com/Sports/wireStory/peng-shuai-saga-hews-familiar-script-...

The drama surrounding Peng Shuai is following a familiar script, in which someone who has run afoul of China's Communist government disappears from view. What happens next depends on the case, but it is not uncommon for the person in question to disavow the statements or actions that first upset officials. Other times, the person simply keeps a lower profile. Sometimes, their arrest is eventually announced. Peng's saga began in November, when she wrote in a social media post that a former member of the party's all-powerful Politburo Standing Committee had forced her to have sex three years ago despite repeated refusals. The post was quickly taken down and the former top-ranked doubles player dropped out of public view late last year. After she reappeared weeks later, she denied to a Singapore newspaper that she ever made any accusation of sexual assault. In an interview published Monday by a French sports paper, the tennis player called the whole situation an "enormous misunderstanding." Other people ... have disappeared over the years – a phenomenon that has expanded since President Xi Jinping came to power in 2013. Liu [Xiaobo], a dissident writer who joined calls for increased freedoms in China in 2008, was detained a day before the appeal for reforms was released. After his arrest, his whereabouts were unknown for a time. He was eventually accused of subversion and sentenced to 11 years in prison. He was awarded the Nobel Peace Prize and died of cancer before he was ever released.

Note: What most likely happens is that these people are subjected to well established mind control procedures, such that afterward they dare not challenge those in power. For more along these lines, see concise summaries of deeply revealing news articles on government corruption and mind control from reliable major media sources.


More polio cases now caused by vaccine than by wild virus
2019-11-25, ABC News/Associated Press
Posted: 2022-02-27 19:30:55
https://abcnews.go.com/Health/wireStory/polio-cases-now-caused-vaccine-wild-v...

Four African countries have reported new cases of polio linked to the oral vaccine, as global health numbers show there are now more children being paralyzed by viruses originating in vaccines than in the wild. In a report late last week, the World Health Organization and partners noted nine new polio cases caused by the vaccine in Nigeria, Congo, Central African Republic and Angola. Seven countries elsewhere in Africa have similar outbreaks and cases have been reported in Asia. Of the two countries where polio remains endemic, Afghanistan and Pakistan, vaccine-linked cases have been identified in Pakistan. In rare cases, the live virus in oral polio vaccine can mutate into a form capable of sparking new outbreaks. All the current vaccine-derived polio cases have been sparked by a Type 2 virus contained in the vaccine. Type 2 wild virus was eliminated years ago. WHO and partners have long relied on oral polio vaccines because they are cheap and can be easily administered. Western countries use a more expensive injectable polio vaccine that contains an inactivated virus incapable of causing polio. The Independent Monitoring Board, a group set up by WHO to assess polio eradication, warned in a report this month that vaccine-derived polio virus is "spreading uncontrolled in West Africa." The group said officials were already "failing badly" to meet a recently approved polio goal of stopping all vaccine-derived outbreaks within 120 days of detection.

Note: For more along these lines, see concise summaries of deeply revealing news articles on vaccines from reliable major media sources.


Congress approves sex harassment bill in #MeToo milestone
2022-02-14, San Francisco Chronicle/Associated Press
Posted: 2022-02-27 19:29:01
https://www.sfgate.com/entertainment/article/Congress-approves-sex-harassment...

Congress on Thursday gave final approval to legislation guaranteeing that people who experience sexual harassment at work can seek recourse in the courts, a milestone for the #MeToo movement that prompted a national reckoning on the way sexual misconduct claims are handled. The measure, which is expected to be signed by President Joe Biden, bars employment contracts from forcing people to settle sexual assault or harassment cases through arbitration rather than in court, a process that often benefits employers and keeps misconduct allegations from becoming public. Significantly, the bill is retroactive, nullifying that language in contracts nationwide and opening the door for people who had been bound by it to take legal action. Sen. Kirsten Gillibrand, who has spearheaded the effort, called it "one of the most significant workplace reforms in American history." "No longer will survivors of sexual assault or harassment in the workplace come forward and be told that they are legally forbidden to sue their employer because somewhere in buried their employment contracts was this forced arbitration clause," she said. Gillibrand, who has focused on combating sexual harassment and sexual misconduct in the military, originally introduced the legislation in 2017. The legislation had uncommonly broad, bipartisan support. That allowed the bill to be passed in the Senate by unanimous consent – a procedure almost never used for significant legislation, especially one affecting tens of millions of Americans.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Why Finland's schools are great (by doing what we don't)
2011-10-13, Washington Post
Posted: 2022-02-27 19:27:08
https://www.washingtonpost.com/blogs/answer-sheet/post/ravitch-why-finlands-s...

For the past decade, 15-year-old Finnish students have consistently been at or near the top of all the nations tested in reading, mathematics, and science. And just as consistently, the variance in quality among Finnish schools is the least of all nations tested, meaning that Finnish students can get a good education in virtually any school in the nation. That's equality of educational opportunity, a good public school in every neighborhood. What makes the Finnish school system so amazing is that Finnish students never take a standardized test until their last year of high school, when they take a matriculation examination for college admission. There is a national curriculum – broad guidelines to assure that all students have a full education – but it is not prescriptive. Teachers have extensive responsibility for designing curriculum and pedagogy in their school. Teachers are prepared for all eventualities, including students with disabilities, students with language difficulties, and students with other kinds of learning issues. The schools I visited reminded me of our best private progressive schools. They are rich in the arts, in play, and in activity. Finland has one other significant advantage over the United States. The child-poverty rate in Finland is under 4 percent. Here it is 22 percent and rising. It's a well-known fact that family income is the most reliable predictor of academic performance. Finland has a strong social welfare system; we don't. It is not a "Socialist" nation, by the way. It is egalitarian and capitalist.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


Amazing Facts About Finland's Unorthodox Education System
2011-12-14, Business Insider
Posted: 2022-02-27 19:25:39
https://www.businessinsider.com/finland-education-school-2011-12

Finland's school system has consistently come at the top for the international rankings for education systems. So how do they do it? It's simple – by going against the evaluation-driven, centralized model that much of the Western world uses. Finnish children don't start school until they are 7. Compared with other systems, they rarely take exams or do homework until they are well into their teens. The children are not measured at all for the first six years of their education. There is only one mandatory standardized test in Finland, taken when children are 16. All children, clever or not, are taught in the same classrooms. Finland spends around 30 percent less per student than the United States. 30 percent of children receive extra help during their first nine years of school. 66 percent of students go to college. The difference between weakest and strongest students is the smallest in the World. Science classes are capped at 16 students so that they may perform practical experiments every class. 93 percent of Finns graduate from high school. 17.5 percent higher than the US. Elementary school students get 75 minutes of recess a day in Finnish [schools] versus an average of 27 minutes in the US. Teachers only spend 4 hours a day in the classroom, and take 2 hours a week for "professional development". Teachers are effectively given the same status as doctors and lawyers. In an international standardized measurement in 2001, Finnish children came top or very close to the top for science, reading and mathematics.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.


The Battle for the World's Most Powerful Cyberweapon
2022-01-28, New York Times
Posted: 2022-02-21 19:15:59
https://www.nytimes.com/2022/01/28/magazine/nso-group-israel-spyware.html

NSO Group [is] the world's most notorious maker of spyware. The F.B.I. had bought a version of Pegasus, NSO's premier spying tool. It could ... crack the encrypted communications of any iPhone or Android smartphone. Since NSO had introduced Pegasus to the global market in 2011, it had helped Mexican authorities capture Joaquín Guzmán Loera, the drug lord known as El Chapo. European investigators have quietly used Pegasus to thwart terrorist plots, fight organized crime and, in one case, take down a global child-abuse ring. Mexico deployed the software not just against gangsters but also against journalists and political dissidents. The United Arab Emirates used the software to hack the phone of a civil rights activist. Saudi Arabia used it against women's rights activists. During a presentation to officials in Washington, the company demonstrated a new system, called Phantom, that could hack any number in the United States that the F.B.I. decided to target. A slick brochure ... says that Phantom allows American law enforcement and spy agencies to get intelligence "by extracting and monitoring crucial data from mobile devices." It is an "independent solution" that requires no cooperation from AT&T, Verizon, Apple or Google. The system, it says, will "turn your target's smartphone into an intelligence gold mine." The Phantom presentation triggered a discussion among government lawyers. Last summer ... the F.B.I. finally decided not to deploy the NSO weapons.

Note: Read more about how NSO Group spyware was used against journalists and activists by the Mexican government. For more along these lines, see concise summaries of deeply revealing news articles on intelligence agency corruption and the disappearance of privacy from reliable major media sources.


Depression Rates in US Tripled When the Pandemic First Hit–Now, They're Even Worse
2021-10-07, Boston University
Posted: 2022-02-21 19:14:14
https://www.bu.edu/articles/2021/depression-rates-tripled-when-pandemic-first...

Depression among adults in the United States tripled in the early 2020 months of the global coronavirus pandemic–jumping from 8.5 percent before the pandemic to a staggering 27.8 percent. New research from Boston University School of Public Health reveals that the elevated rate of depression has persisted into 2021, and even worsened, climbing to 32.8 percent and affecting 1 in every 3 American adults. The study is the first nationally representative study in the US that examines the change in depression prevalence before and then during the pandemic. Published in the journal The Lancet Regional Health–Americas, the study found that the most significant predictors for if a person experienced depressive symptoms during the pandemic were low household income, not being married, and experiencing multiple pandemic-related stressors. "The sustained high prevalence of depression does not follow [the same] patterns [we observed] after previous traumatic events, such as Hurricane Ike," says study senior author Sandro Galea. "Typically, we would expect depression to peak following the traumatic event and then lower over time. Instead, we found that 12 months into the pandemic, levels of depression remained high." The burden of depression intensified over the course of the pandemic and disproportionately impacted adults with lower incomes. By spring 2021, low-income adults were 7 times more likely to experience [elevated depressive] symptoms.

Note: Note that this huge increase in depression was caused not directly by the pandemic, but more by the isolation of the lockdown measures instituted. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.


The cost of childcare has risen by 41% during the pandemic with families spending up to 20% of their salaries
2022-01-28, Fortune
Posted: 2022-02-21 19:12:52
https://fortune.com/2022/01/28/the-cost-of-child-care-in-the-us-is-rising/

Since the start of the pandemic, childcare costs have gone through the roof. Across the U.S., parents are seeing an average annual cost increase of 41% for center-based childcare providers, and spending an average of $14,117 annually, up from $9,977 pre-pandemic, according to data from a recent LendingTree report. Households with children younger than 5 were hit hardest by these increases, the report found. Since the pandemic began, center-based care providers for 3- and 4-year-olds have seen their annual costs increase by 57%. Costs for center-based care providers for kids under 2 grew by 37%. Care providers for 3- and 4-year-olds in Georgia, Florida, and Louisiana saw the biggest jump in expenses, with an annual average increase of at least 144%. As for the direct impact on households, Indiana families with kids under 5 put the biggest chunk of their income–20%–toward childcare, with the average family spending $11,212 a year. Vermont families are close behind, with 19% of their paycheck–an average of $13,538 annually–going toward childcare. Families in New Jersey, Mississippi, Kentucky, Texas, and North Dakota pay the lowest portion, at 11%. But they may also be seeing a jump in their costs in the near future; in each of those states, the average care center saw its expenses increase by over 50% during the pandemic. The bulk of the increased costs stems from staffing, which the Center for American Progress says makes up 70% of a childcare provider's total budget.

Note: Note that this major increase in childcare cost was caused not directly by the pandemic, but more by the isolation of the lockdown measures instituted. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.


Fatal police shootings in 2021 set record since The Post began tracking, despite public outcry
2022-02-09, Washington Post
Posted: 2022-02-21 19:10:57
https://www.washingtonpost.com/investigations/2022/02/09/fatal-police-shootin...

Police shot and killed at least 1,055 people nationwide last year, the highest total since The Washington Post began tracking fatal shootings by officers in 2015 – underscoring the difficulty of reducing such incidents despite sustained public attention to the issue. The new count is up from 1,021 shootings the previous year and 999 in 2019. The total comes amid a nationwide spike in violent crime. Despite setting a record, experts said the 2021 total was within expected bounds. Police have fatally shot roughly 1,000 people in each of the past seven years, ranging from 958 in 2016 to last year's high. The number of fatal police shootings ... suggests officers' behavior has not shifted significantly since The Post began collecting data. Advocacy for policing overhauls has intensified since the murder of George Floyd by a Minneapolis police officer in 2020. More than 400 bills were introduced in state legislatures last year to address officers' use of force. Police departments increasingly partnered with mental health experts to respond to people in crisis. Cities established civilian review boards for use-of-force incidents. None of it decreased the number of people shot and killed by officers last year. Last year, all but 15 percent of people shot and killed by officers were armed. Ninety-four percent were men. Roughly 14 percent had known mental health struggles, down from about one-fifth in the two previous years and about one-fourth in 2016 and 2015.

Note: For more along these lines, see concise summaries of deeply revealing news articles on police corruption from reliable major media sources.


Vaccine monopolies make cost of vaccinating the world against COVID at least 5 times more expensive than it could be
2021-07-09, Oxfam
Posted: 2022-02-21 19:09:34
https://www.oxfam.org/en/press-releases/vaccine-monopolies-make-cost-vaccinat...

The cost of vaccinating the world against COVID-19 could be at least five times cheaper if pharmaceutical companies weren't profiteering from their monopolies on COVID-19 vaccines, campaigners from the People's Vaccine Alliance said today. New analysis by the Alliance shows that the firms Pfizer/BioNTech and Moderna are charging governments as much as $41 billion above the estimated cost of production. Colombia, for example, has potentially overpaid by as much as $375 million for its doses of the Pfizer/BioNTech and Moderna vaccines, in comparison to the estimated cost price. Despite a rapid rise in COVID-19 cases and deaths across the developing world, Pfizer/BioNTech and Moderna have sold over 90 percent of their vaccines so far to rich countries, charging up to 24 times the potential cost of production. Last week Pfizer/BioNTech announced it would licence a South African company to fill and package 100 million doses for use in Africa, but this is a drop in the ocean of need. Neither company have agreed to fully transfer vaccine technology and know-how with any capable producers in developing countries, a move that could increase global supply, drive down prices and save millions of lives. Analysis of production techniques for the leading mRNA type vaccines produced by Pfizer/BioNTech and Moderna â₏•which were only developed thanks to public funding to the tune of $8.3 billionâ₏• suggest these vaccines could be made for as little as $1.20 a dose.

Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines and Big Pharma profiteering from reliable major media sources.


Pfizer Reaps Hundreds of Millions in Profits From Covid Vaccine
2021-05-04, New York Times
Posted: 2022-02-21 19:07:48
https://www.nytimes.com/2021/05/04/business/pfizer-covid-vaccine-profits.html

Last year, racing to develop a vaccine in record time, Pfizer made a big decision: Unlike several rival manufacturers, which vowed to forgo profits on their shots during the Covid-19 pandemic, Pfizer planned to profit on its vaccine. On Tuesday, the company announced just how much money the shot is generating. The vaccine brought in $3.5 billion in revenue in the first three months of this year, nearly a quarter of its total revenue, Pfizer reported. The vaccine was, far and away, Pfizer's biggest source of revenue. The company did not disclose the profits it derived from the vaccine, but it reiterated its previous prediction that its profit margins on the vaccine would be in the high 20 percent range. That would translate into roughly $900 million in pretax vaccine profits in the first quarter. The company's vaccine is disproportionately reaching the world's rich – an outcome, so far at least, at odds with its chief executive's pledge to ensure that poorer countries "have the same access as the rest of the world" to a vaccine that is highly effective at preventing Covid-19. As of mid-April, wealthy countries had secured more than 87 percent of the more than 700 million doses of Covid-19 vaccines dispensed worldwide, while poor countries had received only 0.2 percent. Pfizer has kept the profitability of its vaccine sales opaque. The United States, for example, is paying $19.50 for each Pfizer dose. Israel agreed to pay Pfizer about $30 per dose.

Note: If Pfizer is truly concerned about global health, why are they reaping such huge profits when other companies were willing to forgo profits. And why are they not helping the economically disadvantaged countries? For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines and Big Pharma profiteering from reliable major media sources.


Covid vaccine profits mint 9 new pharma billionaires
2021-05-21, CNN News
Posted: 2022-02-21 19:05:36
https://www.cnn.com/2021/05/21/business/covid-vaccine-billionaires/index.html

Covid-19 vaccines have created at least nine new billionaires after shares in companies producing the shots soared. Topping the list of new billionaires are Moderna CEO Stéphane Bancel and Ugur Sahin, the CEO of BioNTech, which has produced a vaccine with Pfizer (PFE). Both CEOs are now worth around $4 billion, according to an analysis by the People's Vaccine Alliance, a campaign group that includes Oxfam, UNAIDS, Global Justice Now and Amnesty International. Senior executives from China's CanSino Biologics and early investors in Moderna have also become billionaires on paper as shares skyrocketed, partly in expectation of profits earned from Covid vaccines, which also bode well for the companies' future prospects. Moderna's share price has gained more than 700% since February 2020, while BioNTech has surged 600%. CanSino Biologics' stock is up about 440% over the same period. The company's single-dose Covid-19 vaccine was approved for use in China in February. Activists said the wealth generation highlighted the stark inequality that has resulted from the pandemic. The nine new billionaires are worth a combined $19.3 billion. According to the World Health Organization, 87% of vaccine doses have gone to high- or upper middle-income countries, while low income countries have received just 0.2%. In a paper published Friday, IMF chief economist Gita Gopinath said that vaccinating 60% of the global population by mid-2022 would cost just $50 billion.

Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines and income inequality from reliable major media sources.


COVID vaccines are set to be among the most lucrative pharmaceutical products ever
2021-11-24, NPR
Posted: 2022-02-21 19:04:19
https://www.npr.org/2021/11/24/1059041725/covid-vaccines-are-set-to-be-among-...

This year, Pfizer expects to bring in $36 billion from worldwide sales of its COVID-19 vaccine. That would shatter the previous record in annual sales for a single pharmaceutical product - about $20 billion for the anti-inflammatory drug Humira - and make the Pfizer vaccine the bestselling pharmaceutical product ever. Moderna will deliver fewer doses but is still expecting up to $18 billion in sales for the year for its COVID-19 vaccine. Humira, has been ... churning out tens of billions of dollars a year for multiple years on end. And it's not entirely clear that the mRNA vaccines will do that. Just because Pfizer and Moderna are selling billions of doses now doesn't mean that will last forever. The vaccines could work so well they eliminate the need for further boosters, though it's also possible COVID shots could become routine, like flu shots. The uncertainty puts a premium on maximizing sales now. Any vaccine manufacturer is going to realize that there's a risk that they're going to have a very short lifecycle. Moderna got a lot of government funding, offsetting costs and minimizing risks. But the COVID-19 vaccine is its only product on the market. Pfizer, on the other hand, didn't accept early government investment and took on a lot of those upfront costs itself. But it has dozens of other products in its portfolio that it makes and will continue to make once the pandemic ends.

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The Power of Placebos
2022-02-12, Daily Good
Posted: 2022-02-21 19:02:26
https://www.dailygood.org/story/2889/the-power-of-placebos-elissa-h-patterson...

Did you ever feel your own shoulders relax when you saw a friend receive a shoulder massage? For those of you who said "yes," congratulations, your brain is using its power to create a "placebo effect." For those who said "no," you're not alone, but thankfully, the brain is trainable. Since the 1800s, the word placebo has been used to refer to a fake treatment, meaning one that does not contain any active, physical substance. Today, placebos play a crucial role in medical studies in which some participants are given the treatment containing the active ingredients of the medicine, and others are given a placebo. These types of studies help tell researchers which medicines are effective, and how effective they are. Surprisingly, however, in some areas of medicine, placebos themselves provide patients with clinical improvement. Research suggests that the placebo effect is caused by positive expectations, the provider-patient relationship and the rituals around receiving medical care. Depression, pain, fatigue, allergies, irritable bowel syndrome, Parkinson's disease and even osteoarthritis of the knee are just a few of the conditions that respond positively to placebos. In addition to the ever-increasing body of evidence surrounding their effectiveness, placebos offer multiple benefits. They have no side effects. They are cheap. They are not addictive. They provide hope when there might not be a specific chemically active treatment available. They mobilize a person's own ability to heal through multiple pathways.

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