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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 07-18-2021, 02:27 AM   #16
The_Waco_Kid
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Quote:
Originally Posted by Chung Tran View Post
Free to you and me. The vaccine allows us to be free to be you and me.

and nope, not from tax dollars. Because of the pandemic, the Companies are forgoing profit, so the cost is negligible. Besides that the government spends first, and taxes are collected later, basically to support a minimal value to the Dollar. We have discussed this before. If taxes were required to pay for what the US spends, our GDP would be halved.



I have been telling this to Mitch McConnell for 12 years!

you were saying?


Moderna reports $1.7 billion in COVID-19 vaccine sales, posts first profit ever

https://www.marketwatch.com/story/mo...ver-2021-05-06


Moderna Inc. MRNA, +10.30% brought in $1.7 billion in sales of its COVID-19 vaccine in the first quarter of 2021, marking the company's first significant billion-dollar revenue haul this year and also the first time it's ever reported a GAAP profit. Moderna had earnings of $1.2 billion, or $2.84 per share, in the first quarter of 2021. This is compared to a loss of $124 million, or 35 cents per share, in the first quarter a year ago. The FactSet consensus was $2.39. Moderna had revenue of $1.9 billion for the quarter, up from $8 million in the same quarter a year ago. The FactSet consensus for revenue was $2.0 billion. This quarter marked the first time that the company has generated product revenue during the first three months of the year. About $1.7 billion of that came from sales of its COVID-19 vaccine. (Before receiving authorization from the Food and Drug Administration, it generated grant and collaboration revenue.) Moderna's stock is up 55.8% for the year, while the S&P 500 SPX, -0.75% has gained 10.9%.
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Old 07-18-2021, 02:31 AM   #17
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1.7B in sales, but maybe 2B in expenses?

Moderna does much more than vaccines against Covid.

Besides, the vaccine is free for everyone. Go take it.
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Old 07-18-2021, 02:34 AM   #18
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Quote:
Originally Posted by Chung Tran View Post
1.7B in sales, but maybe 2B in expenses?

Moderna does much more than vaccines against Covid.

Besides, the vaccine is free for everyone. Go take it.

https://www.nytimes.com/2021/05/04/b...e-profits.html


Last year, racing to develop a vaccine in record time, Pfizer made a big decision: Unlike several rival manufacturers, which vowed to forgo profits on their shots during the Covid-19 pandemic, Pfizer planned to profit on its vaccine.


On Tuesday, the company announced just how much money the shot is generating.


The vaccine brought in $3.5 billion in revenue in the first three months of this year, nearly a quarter of its total revenue, Pfizer reported. The vaccine was, far and away, Pfizer’s biggest source of revenue.


The company did not disclose the profits it derived from the vaccine, but it reiterated its previous prediction that its profit margins on the vaccine would be in the high 20 percent range. That would translate into roughly $900 million in pretax vaccine profits in the first quarter.

last i checked there are 4 quarters in a business year ...


that's a projected 3.6 BILLION in pre tax PROFITS for Pfizer .. alone.


i'd let this go if i were you ...
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Old 07-18-2021, 02:42 AM   #19
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I love to see Companies making profits. If you would embrace Capitalism as I do, you would feel the same
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Old 07-18-2021, 02:53 AM   #20
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Originally Posted by Chung Tran View Post
I love to see Companies making profits. If you would embrace Capitalism as I do, you would feel the same

admit you were wrong. they are making money hand over fist and i own stock in Pfizer but somehow i don't think my dividends will cover my tax dollars for this.



how 'bout you?
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Old 07-18-2021, 04:37 AM   #21
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Quote:
Originally Posted by Chung Tran View Post
...
and nope, not from tax dollars. Because of the pandemic, the Companies are forgoing profit, so the cost is negligible.
And you get this gem of information from whom or where?

Are you aware that pharma companies have DIVISIONS to handle congressional activities?
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Old 07-18-2021, 05:24 AM   #22
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Quote:
Originally Posted by Chung Tran View Post
Free to you and me. The vaccine allows us to be free to be you and me.

and nope, not from tax dollars. Because of the pandemic, the Companies are forgoing profit, so the cost is negligible. Besides that the government spends first, and taxes are collected later, basically to support a minimal value to the Dollar. We have discussed this before. If taxes were required to pay for what the US spends, our GDP would be halved.



I have been telling this to Mitch McConnell for 12 years!

a very socialist Correct POV, CT
marx and Lenin would be so proud.
Ever heard of Operation Warp Speed ???

No - because fiden is totally responsible for the vaccines production.





CT - I love to see Companies making profits. If you would embrace Capitalism as I do, you would feel the same

Given your embrace of teh fiden dictatorial socialism - How does One define teh evil 'C' word -

To the DPST;s - it is teh 'dark side of teh force', Luke
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Old 07-18-2021, 05:54 AM   #23
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Quote:
Originally Posted by Chung Tran View Post
1.7B in sales, but maybe 2B in expenses?

Moderna does much more than vaccines against Covid.

Besides, the vaccine is free for everyone. Go take it.
And what does "Moderna" do "against Covid"?

One thing you should have learned in Boy Scouts is to not jump into muddy water .... you are about to LEAP.

First ... let's examine Moderna's own representations:

Quote:
Revenue: Total revenue was $571 million for the fourth quarter of 2020 compared to $14 million for the fourth quarter of 2019. Total revenue was $803 million for the year ended December 31, 2020 compared to $60 million for the year ended December 31, 2019. The increases in both periods in 2020 were driven by increases in grant revenue and product sales. The increase in grant revenue was primarily due to the BARDA award to accelerate development of our COVID-19 vaccine. We began to recognize revenue in December 2020 from our COVID-19 vaccine subsequent to its authorization for emergency use by the FDA and Health Canada.
https://investors.modernatx.com/news...2020-financial

Do yourself a favor....quit sounding like Bitten&Kumola.

Quote:
Moderna has confirmed the following supply agreements of committed orders:

United States: 300 million doses with options to purchase an additional 200 million doses; the U.S. Food and Drug Administration (FDA) has authorized emergency use in individuals 18 years of age and older
European Union: 310 million doses with option to purchase an additional 150 million doses in 2022; the European Commission has granted a conditional marketing authorization (CMA) for COVID-19 Vaccine Moderna in individuals 18 years of age and older1
Japan: 50 million doses
Canada: 44 million doses; Health Canada authorized COVID-19 Vaccine Moderna for the immunization of people 18 years of age and older under an Interim Order
Republic of Korea: 40 million doses
United Kingdom: 17 million doses; the UK Medicines and Healthcare products Regulatory Agency (MHRA) approved the COVID-19 Vaccine Moderna for use under Regulation 174, a temporary authorization
Switzerland: 13.5 million doses; Swissmedic, the Swiss Agency for Therapeutic Products, authorized the COVID-19 Vaccine Moderna in Switzerland
Colombia: 10 million doses
Israel: 6 million doses; Israel’s Ministry of Health (MOH) has given authorization to import the COVID-19 Vaccine Moderna
Taiwan: 5 million doses
Singapore: (undisclosed); the Singapore Health Sciences Authority (HSA) approved the interim authorization of the COVID-19 Vaccine Moderna for use under the Pandemic Special Access Route (PSAR)
Qatar (undisclosed); the Qatar Ministry of Public Health issued an emergency use authorization for the COVID-19 Vaccine Moderna
From the same source.

Stock chart for 2021 ... https://investors.modernatx.com/stoc...ck-quote-chart
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Old 07-18-2021, 06:11 AM   #24
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As for the topic of the thread ...

Abbott pointed out last night on an interview the reality for those anti-constitutional criminals who fled the state to find refuge in the CommunistSocialistLiberal stronghold in the U.S. Capital that has been guarded against taxpayers visiting THEIR CAPITAL....

.. THAT THE LAST TIME DUMBOCRATS (MY WORD NOT HIS) FLED THE STATE they were hammered in the next election cycle. Let's hope so ... we need some folks in there with intestinal fortitude and who will vote to fund the Texas Wall to protect our border from illegal smuggling and trafficking. Some of these fools think they're still in California.
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Old 07-18-2021, 07:28 AM   #25
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LL- Amen, good sir!
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Old 07-18-2021, 11:10 AM   #26
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Dont know why? But Ive developed a taste for clams?

Maybe the avatar?
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Old 07-18-2021, 11:15 AM   #27
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'He is a Fraud" - referring to fiden, most appropriately.


get some help - CT - the hatred runs through your posts and drips on teh floor.
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Old 07-18-2021, 11:55 PM   #28
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bump

Because of the op's avatar!

Plus I cant wait for wheels to have these losers arrested when they return
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Old 07-19-2021, 12:37 AM   #29
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Quote:
Originally Posted by LexusLover View Post

One thing you should have learned in Boy Scouts is to not jump into muddy water .... you are about to LEAP.
The only thing I learned in Boy Scouts was to avoid the Scoutmasters!

{staff edit- CK}
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Old 07-19-2021, 02:21 AM   #30
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From NY Post

"Two more Texas Democrats who traveled to Washington, DC, last week to prevent a vote on a Republican voting bill have tested positive for the coronavirus, a report said.

The new cases, announced late Sunday by the Texas House Democratic Caucus, are in addition to the three other state Democratic lawmakers on the trip who have already tested positive for COVID-19, the Texas Tribune reported.

The infected lawmakers are all fully vaccinated, the report said — and one is experiencing mild symptoms.

Among the two newest members to test positive is state Rep. Trey Martinez Fischer, the lawmaker said.

“Today, I received a positive COVID-19 rapid antigen test result. I am fully vaccinated, and had tested negative on Friday and Saturday. I am quarantining until I test negative, and I am grateful to be only experiencing extremely mild symptoms,” he told the newspaper in a statement.

The Lone Star State Democrats left the state House of Representatives last Monday and flew aboard two chartered flights to the nation’s capital to scuttle a Republican-backed election reform bill by depriving the chamber a quorum".

Just drink some more Miller Lites ..that'll make you feel better.

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