@HowardSteen4 @waukema @SHomburg
Governments state that COVID-vaccines are safe and effective and keep pushing their rollout. However, reality is different. In their SEC filing, #BioNTech mentions 'significant adverse events' and 'possible safety issues.'
The United States Securities And Exchange Commission (#SEC) requires quarterly or annual results on Form 20-F. The risks must be listed right at the beginning.
Let me quote some risks, mentioned by manufacturer BioNTech:
'The durability of immune response generated by our COVID-19 vaccine, which has not yet been demonstrated in clinical trials'. Simply said, nobody knows how long the vaccines offer protection.
'The extent to which SARS-CoV-2 mutates and the efficacy of our COVID-19 vaccine in preventing COVID-19 infection from mutated strains.' In other words, BioNTech does not know if their vaccine protects against mutations.
That makes you wonder why governments keep pushing the same vaccine, that was meant for the Wuhan variant. Some countries even have a vaccine mandate, like Germany for all health care professionals. The German health care system is already ailing...
and based on this mandate, staff are being fired or leave. handelsblatt.com/unternehmen/ha…
Another interesting investor's risk. 'Our ability to receive full regulatory approvals, where we currently have emergency use authorizations or equivalents'.
So BioNTech is not sure if they will get a real marketing authorization, instead of the current emergency authorization.
'We cannot provide assurance that newly discovered or developed safety issues will not arise. [...] Any such safety issues could cause us to suspend or cease marketing of our approved products.'
In other words: there can be more safety issues...
which might force BioNTech to withdraw their vaccine from the market. Let that sink in. The product could be unsafe and governments might reluctantly request its withdrawal. That would be a huge loss of face for politicians like @JustinTrudeau or @Karl_Lauterbach.
And this is a nice one: 'We may not be able to demonstrate sufficient efficacy or safety of our COVID-19 vaccine and/or variant-specific formulations to obtain permanent regulatory approval...
in the USA, the UK, the EU, or other countries where it has been authorized for emergency use or granted conditional marketing approval.' So even the manufacturer of this vaccine, that is worldwide being promoted as 'safe and effective'...
thinks the vaccine might not be safe or effective enough to obtain a real authorization to sell it.
Maybe because in that case they can expect 'substantial liabilities'. In other words: people might sue BioNTech because they suffer severe #VaccineSideEffects.
And last, but not least: BioNTech seems to have difficulties with its balance sheets. 'We have in the past identified a material weakness in our internal control over financial reporting...
and may identify additional material weaknesses in the future that may cause us to fail to meet our reporting obligations or result in material misstatements in our financial statements. If we fail to remediate our material weakness...
we may not be able to report our financial results accurately or to prevent fraud.'
In short: their financial reporting is a mess and fraud might be possible. And although this might have nothing to do with this whole sorry story...
guess what happened this month? #Pfizer and #Moderna both announced new CFO's. Moderna's CFO stepped down, $42 million richer, and I'm sure Pfizer's former CFO will not retire as an impoverished man either. fiercepharma.com/pharma/moderna…
Earlier this year, Moderna's CEO sold a large amount of shares and deleted his Twitter account. The share price of this company has dropped significantly. Source: Nasdaq.
I dare to say the COVID-vaccines might be a lot less safe and effective than our governments are telling us. The problem is that the European Union has ordered 1.8 billion vaccine doses and the German government has contractually fixed purchase commitments until 2029...
which means these governments will keep pushing the vaccines. They need to get rid of them before they expire or are withdrawn. So please think before you get your shot or #booster!
In case you want to know more, please read BioNTech's SEC filing: investors.biontech.de/node/11931/htm…
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