Coronavirus Vaccines Have Spawned 9 New Billionaires: Campaign Group

Thursday, 20 May 2021Newsdesk
Coronavirus Vaccines Have Spawned 9 New Billionaires: Campaign Group
Profits from Covid-19 jabs have helped at least nine people become billionaires, a campaign group said Thursday, calling for an end to pharmaceutical corporations' "monopoly control" on vaccine technology.

New Delhi, 20 May 2021

"Between them, the nine new billionaires have a combined net wealth of $19.3 billion (15.8 billion euros), enough to fully vaccinate all people in low-income countries 1.3 times," The People's Vaccine Alliance said in a statement. As per news report of NDTV, the alliance, a network of organisations and activists campaigning for an end to property rights and patents for inoculations, said its figures were based on the Forbes Rich List data. "These billionaires are the human face of the huge profits many pharmaceutical corporations are making from the monopoly they hold on these vaccines," said Anna Marriott from charity Oxfam, which is part of the alliance.

Source -NDTV

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