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In a recent ad, @PhRMA claimed their companies would sell #COVID19 vaccines at no profit to ensure affordability. But at today’s @EnergyCommerce hearing, I got each company to admit they would not do so or only do so in a limited manner:
.@AstraZeneca has received $1.2 billion in U.S. taxpayer funding, but only committed to sell their #COVID19 vaccine at no profit for the first 300 million doses—which won’t even cover every person in the United States, let alone the world.
.@JNJNews has received over $600 million in U.S. taxpayer funding, but only committed to sell their #COVID19 vaccine at no profit “during the emergency pandemic period.”
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