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Moderna 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 a
by reducesuffering 5y ago
Moderna 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...