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Podcast: One Thing Today in Tech
Episode: Covid-19 vaccine profits at $1000 per second; UK to probe Nvidia-Arm deal; Plus, Sabeer Bhatia on his latest venture
Description: Pfizer, BioNTech and Moderna—three of the world’s biggest Covid vaccine makers—are making an estimated $1000 every second in profits even as the world’s poorest go unvaccinated, according to a press release from Oxfam, a UK-based non-profit development organisation. The estimate is based on a report by the People’s Vaccine Alliance. The Alliance has 80 members including the African Alliance, Global Justice Now, Oxfam, and UNAIDS. Pfizer and BioNTech have delivered less than one percent of their total vaccine supplies to low-income countries, while Moderna has delivered just 0.2 percent. Meanwhile, 98 percent of people in low-income countries have not been f...