Did you know Pfizer’s COVID shot revenue jumped from almost nothing to nearly $75 billion in two years, right as the Biden administration moved from “please get vaccinated” to “get the shot or lose the job”?
Pfizer’s reported Comirnaty revenue:
2020: $0.15 billion
2021: $36.8 billion
2022: $37.8 billion
2023: $11.2 billion
2024: $5.4 billion
2025: $4.4 billion
About $96 billion through 2025. The spike is 2021–2022.
The shot got emergency authorization in December 2020. In 2021 the Biden administration required it for federal employees and contractors, the military, healthcare workers under the CMS rule, and large private employers under the OSHA rule. The Supreme Court later blocked the broad OSHA mandate. The healthcare and military rules lasted longer. Boosters were pushed the same year.
Most of the money was government purchase contracts, signed while officials said the shot was necessary to keep a job, travel, or stay in school. Pfizer splits profits with BioNTech, but still said the 2021 sales alone would mean about $10 billion in profit after costs and BioNTech’s cut.
As Pfizer raked in the cash, the American people suffered. The Biden administration and all of those involved need to be held responsible for this.