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Re: BullNBear52 post# 188354

Friday, 11/27/2020 9:42:24 AM

Friday, November 27, 2020 9:42:24 AM

Post# of 215023
Did PFE take any money from Warp Speed? There seems to be some confusion about that?

No. PFE allocated $2B of their own funding to develop the vaccine.

The confusion comes when thru Warp Speed, the gov placed a pre-order for 100M doses, contingent on FDA approval. Which means Pfizer still hasn't received any gov funds. No matter if it's called Warp Speed, or Impulse Speed. PFE has to deliver the vaccine to one of its customers, the US gubbermint, in order to be paid.

The last figures I saw, PFE expected to make $3B profit total. Or 3-2=$1B profit.

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