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> (and are making record profits from them) Man, if that were true it would be great. It would show that we could reward providing society with enormous benef
by barry-cotter 5y ago
> (and are making record profits from them)
Man, if that were true it would be great. It would show that we could reward providing society with enormous benefts with enormous awards. If only that were true.
- reducesuffering 5y agoModerna and BioNTech both made around $7 billion profit each, not revenue, just last year. Because of this, their share price is also up 11x since IPO 3 years ago, and 16x since IPO 2 years ago, respectively. https://finance.yahoo.com/quote/MRNA/financials?p=MRNA https://finance.yahoo.com/quote/MRNA/financials?p=MRNA https://finance.yahoo.com/quote/BNTX/financials?p=BNTX https://finance.yahoo.com/quote/BNTX/financials?p=BNTX
- Kranar 5y agoDamn, imagine making a world changing product used by close to half of the world's population to overcome a global crisis... and making less profit than a company that sells highly marked up leather bags. Kind of a depressing thought the extent to which we prioritize things.
- reducesuffering 5y agoDo not get me started on what disturbing problems exist for LVMH to be a $360 billion company in this world...