Texas investigates Big Pharma billionaires post-COVID

(Jay Janner/Austin American-Statesman via AP)

Texas Attorney General Ken Paxton has some questions for the CEOs of the Big Pharma companies behind the COVID vaccines and other medical “advancements” arising from the pandemic. In addition to looking into the staggering amounts of money they pocketed since the beginning of Operation Warp Speed, Paxton would like to ask the heads of Moderna and Pfizer whether or not they “misrepresented the efficacy and safety of the vaccines” and determine if they manipulated the data during clinical trials to receive faster approval. These are serious charges and they are questions that many people (except for the MSM) have been raising for a while now. Miranda Devine has the exclusive details at the New York Post.

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It’s sickening how much Big Pharma bosses have profited from the COVID-19 pandemic, after overselling billions of people around the world on the wondrous qualities of their vaccines.

Moderna Chief Executive Stéphane Bancel made nearly $400 million last year on his stock options and still owns a reported $2.8 billion of shares in the company plus his salary and perks.

His Pfizer counterpart, Albert Bourla, pocketed a $33 million salary last year, on top of the millions in Pfizer shares he sold.

In addition to Pfizer and Moderna, Paxton will also be looking into Johnson & Johnson to see if any of them violated Texas’ Deceptive Trade Practices Act. Another portion of the investigation will seek to determine if any or all of the companies engaged in gain-of-function research on the virus.

One potential problem is that these companies were essentially granted blanket immunity from lawsuits as part of their contract with the federal government. But that immunity primarily applies to civil lawsuits brought by patients who may have been harmed by the vaccines or their families. It should not shield them from potential criminal liabilities.

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Paxton is also focusing on the way that government mandates essentially created a captive market for Moderna and Pfizer, forcing people to use the products that were driving record profits for the companies and their CEOs in particular. And those profits were obscene. The CEO of Modera sold $400 million worth of stock in 2022 and is still sitting on $2.8 billion worth of additional shares. Pfizer’s CEO sold millions of shares in his company and collected more than $30 million in salary and bonuses.

No, it’s neither illegal nor evil to make money in a capitalist system. But if you do so while engaging in illegal or at least unethical practices, then we have a problem. Or these CEOs may have a problem, actually.

Texas isn’t the only place where these companies may be heading for trouble. As has been previously reported, Ron DeSantis has opened a similar investigation in Florida. Some of the big questions that have been obvious for some time now are finally being asked. While everyone in the government was assuring us that the vaccines could stop people from contracting or spreading the virus, were Pfizer and Moderna already fully aware that neither of those things was true? And if not, how could they not have known? Did they lie to the federal government about the efficacy of their products and remain silent while pocketing their profits or were Biden and Faucci in on the scheme?

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Perhaps we’ll finally find out the answers to those questions this year. We need to know how this all happened before the next pandemic hits.

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Ed Morrissey 10:00 PM | December 11, 2024
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