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Pfizer coronavirus vaccine revenue is projected to hit $26 billion in 2021 with production surge
A man receives a second dose of the Pfizer-BioNTech coronavirus vaccine at the Belgrade Fair in Belgrade, Serbia, on April 13. (Marko Djurica/Reuters) Drug giant says it made $3.5 billion in global sales of its coronavirus shot in the first quarter of 2021 and expects sales to rise throughout the year By Christopher Rowland Business of Health Care Reporter ( https://www.washingtonpost.com/business/2021/05/04/pfizer-covid-vaccine-revenue/) Pfizer on Tuesday said it expects global sales of its coronavirus vaccine to reach $26 billion in 2021, a milestone that would make it the biggest-selling pharmaceutical product in the world and helps illustrate why Pfizer is planning to expand use of mRNA technology for other vaccines and therapies. Sales of its mRNA vaccine are likely to eclipse Humira,...
Big three drug distributors blame doctors, regulators in trial over opioid epidemic
May 3, 20216:58 PM EDT (https://www.reuters.com/business/healthcare-pharmaceuticals/drug-distributors-face-off-against-west-virginia-billion-dollar-opioid-trial-2021-05-03/) The three largest U.S. drug distributors, facing their first trial over claims that they fueled the opioid crisis, said responsibility for ballooning painkiller sales lies with doctors, drugmakers and regulators. AmerisourceBergen Corp (ABC.N), McKesson Corp (MCK.N) and Cardinal Health Inc (CAH.N) are defending themselves against a lawsuit brought by the city of Huntington and Cabell County in West Virginia. “We intend to prove the simple truth that the distributor defendants sold a mountain of opioid pills into our community, fueling the opioid epidemic,” Paul Farrell, a lawyer for Cabell County, said in h...
Bill Gates Becomes the Largest Farmland Owner in the United States:
Paul Best/Getty Bill Gates Ashley Boucher January 15, 2021 Yahoo Finance (https://ca.finance.yahoo.com/finance/news/bill-gates-becomes-largest-farmland-220106087.html ) Bill Gates now owns the most farmland of anyone in the United States, according to a recent report from The Land Report. The outlet reported this week that Gates, 65, owns 268,984 acres of land combined across 19 states. Of that number, 242,000 acres are of farmland, 25,750 acres are of transitional land and 1,234 acres are of recreational land, according to the report. States Gates owns land in include Washington, California, Idaho, Wyoming, Colorado, New Mexico, Arizona, Nebraska, Iowa, Wisconsin, Illinois, Michigan, Indiana, Ohio, North Carolina, Florida, Mississippi, Arkansas and Louisiana. RELATED: Elon Musk Pushes Pas...
Pfizer pays record fine for illegal promotions
The Associated Press · Posted: Sep 02, 2009 ( https://www.cbc.ca/news/business/pfizer-pays-record-fine-for-illegal-promotions-1.789220 ) Pfizer Inc., the world’s largest drug maker, will pay a record $2.3-billion US civil and criminal penalty over unlawful prescription drug promotions. Announcing the settlement Wednesday, the Justice Department said that it included the largest criminal fine in U.S. history — $1.2 billion. The agreement also included a criminal forfeiture of $105 million. Drugmaker Pfizer Inc. has paid a record fine of $2.3 billion US in a court settlement. Authorities called Pfizer a repeat offender, noting it is the fourth such settlement of government charges in the last decade. They said the government would monitor the company’s conduct for the next five y...
Blind’ France bears responsibility on Rwanda genocide, historical commission reports
Publié le : 26/03/2021 France 24 (https://www.france24.com/fr/france/20210326-rwanda-un-rapport-sur-le-r%C3%B4le-de-la-france-dans-le-g%C3%A9nocide-des-tutsi-attendu-%C3%A0-l-%C3%A9lys%C3%A9e) Skulls and bones of some of those who were slaughtered as they sought refuge inside the church are laid out as a memorial to the thousands who were killed in and around the Catholic church during the 1994 genocide in Ntarama, Rwanda, April 4, 2014. © Ben Curtis, AP France bears overwhelming responsibilities over the 1994 genocide in Rwanda and was “blind” to preparations for the massacres, a report by historians said Friday, while adding there was no evidence Paris was complicit in the killings. A historical commission set up by President Emmanuel Macron concluded there had been a “...
Even with pretax profits, many big companies pay zero US tax
The Associated Press FILE – In this April 13, 2014 file photo, the Internal Revenue Service Headquarters (IRS) building is seen in Washington. More than 50 of the largest U.S. companies paid nothing in federal income taxes last year, even though they reported big pretax profits as a group. That’s according to the Institute on Taxation and Economic Policy, a group that believes the tax system needs to raise more revenue. (AP Photo/J. David Ake, File) More than 50 of the largest U.S. companies paid nothing in federal income taxes last year, even though they reported big pretax profits as a group By STAN CHOE and KEN SWEET AP Business Writers (https://abcnews.go.com/Business/wireStory/pretax-profits-big-companies-pay-us-tax-76842308) 2 April 2021 NEW YORK — Just as President...
For this Amazon van driver, AI surveillance was the final straw
by Avi Asher-Schapiro | @AASchapiro | Thomson Reuters Foundation Friday, 19 March 2021 12:02 GMT (https://news.trust.org/item/20210319120214-n93hk/?fbclid=IwAR19hxiueSRjFazxoiYfdDU1afKo1o1odNJ7YQJnUocTqHDPT-SIXen8JWo) For Vic, an Amazon driver since 2019, the company’s decision to install a four-lens, AI-powered camera in his van was the final indignity. This month, he quit *Amazon is rolling out AI-powered cameras in its branded delivery vans *Some workers say the cameras violate their privacy and worry who gets their data *Five U.S. Senators have written to Amazon seeking an explanation By Avi Asher-Schapiro March 19 (Thomson Reuters Foundation) – When Vic started delivering packages for Amazon in 2019, he enjoyed it – the work was physical, he liked the autonomy, and ...