Tuesday, March 12, 2024

COVID19 and Moderna, Inc.'s Financial Statements

In the long, deadly wake of the Covid vaccine debacle, we must never forget that for one of the principal manufacturers -- Moderna, Inc. -- the Covid vaccine was, according to its financial statements, the company's first and only commercial product, which was, of course, sold to the US and other countries' governments to be distributed to their citizens.

Further:

  • For the 6 months ending June 30, 2020 -- before the development and rollout of the vaccine -- Moderna had losses of $241 million.
  • One year later, the company had profits of $4 billion, 
It's also worth noting that, in 2016, the Gates Foundation gave Moderna access to funding of nearly $100 million.

Draw your own conclusions, but -- my God -- at the very least Americans should have been informed that if he or she was going to receive the Moderna vaccine, they would be guinea pigs for the efficacy and safety of the first and only commercial product from a company that, until then, was losing an extraordinary amount of money.


References:  https://investors.modernatx.com/financial-information/sec-filings

#moderna #covidvaccine #covid19 #Fauci

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