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Pfizer CEO Received $24.3 Million in Total Compensation for 2021

Albert Bourla

Pfizer CEO Albert Bourla, who recently announced that a fourth COVID-19 vaccine dose will be necessary for everyone who has already gotten three doses, was awarded $24.3 million in personal financial compensation in 2021. In addition to his $1.69 million salary, which increased by 15 percent, Bourla took home a cash incentive of $8 million, […]

U.S. Consumers Warned About Fraudulent Coronavirus Testing Sites

coronavirus testing tent

The U.S. Department of Health and Human Services Office of Inspector General has issued a warning to the public about fraudulent schemes and scams related to COVID-19 services and testing that involve telemarketing calls, text messages, social media platforms, and door-to-door visits.1 At the outset of the SARS-CoV-2 pandemic, there was a proliferation of fraudulent […]

Pfizer Withdraws EUA Application for COVID Shot in India After Regulator Asks for Independent Safety Study

Pfizer's BNT162b2 biologic

Pfizer, Inc. has withdrawn its emergency use authorization (EUA) application for its experimental BNT162b2 (also known as “Comirnaty”) messenger RNA (mRNA) COVID-19 biologic (developed in collaboration with Germany’s BioNTech) in India.1 Pfizer was the first pharmaceutical company to apply for an EUA to distribute a COVID biologic in India in 2021. However, India’s regulatory agency […]

Pharmaceutical Industry Reaping Billions of Dollars in Profits from Coronavirus Tests

coronavirus test

Since the beginning of the COVID-19 pandemic, public health officials have urged widespread testing for the presence of the SARS-CoV-2 virus that is associated with COVID-19 disease. The two types of coronavirus tests used for diagnosis are laboratory tests and rapid tests, which can either be an antigen test or a Nucleic Acid Amplification Test […]

The Cautionary Tale of a Biotech Company’s Founder, Convicted of Fraud

Theranos biotech company

Elizabeth Holmes was once seen as a revolutionary female genius who graced the cover of magazines such as Forbes and Bloomberg Businessweek. She was Glamour magazine’s “Woman of the Year” in 2015. An Inc. Magazine cover featuring Holmes called her “The Next Steve Jobs.” Headlines boasted of her rise to fame and fortune in Silicon […]

Sales of Pfizer COVID-19 Biologic for 2021-2022 May Near $70 Billion

rising profits

Based on better than expected sales of its experimental messenger RNA (mRNA) BNT162b2 COVID-19 biologic, New York-based pharmaceutical company Pfizer, Inc. last summer revised projected sales of its experimental drug, also known as “Comirnaty,” from $26 billion to $33.5 billion in 2021. Characterizing second-quarter sales of BNT162b2 as “remarkable,” Pfizer’s chief executive officer (CEO) Albert […]

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