Lainey (@Lainey)
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THE MOST SHOCKING POINTS OF THE USA PFIZER mRNA CONTRACT, SIGNED BY THE DEPARTMENT OF DEFENSE... 1. $1.95 billion, no competitive bidding. 2. Taxpayers waived ALL intellectual property rights. Pfizer keeps every invention and every piece of data. The government got zero license to the technology it paid 3. TOTAL LEGAL IMMUNITY Pfizer is declared a "Covered Person" under the PREP Act, granting blanket immunity from suit and liability. The government contractually required the product only be used where Pfizer can't be sued. 4. Pfizer has NO PERFORMANCE LIABILITY. The contract says Pfizer has no liability for failing to get FDA approval on schedule—and no liability for failing to deliver doses on time. 5. THE GOVT CAN'T STOP THE WORK. Section 11.2(b) strips the government of its normal stop-work authority entirely. Once signed, the money flows no matter what. 6. A 500-MILLION DOSE NO BID FOLLOW ON. A "successful prototype" triggers a non-competitive production contract for up to 500M additional doses "without the use of competitive procedures." 7. The government CAN'T RESELL what it bought. Section 4.0: the government "will not resell any of the deliverables to any third party." Taxpayers paid for it; Pfizer still controls it. 9. No meaningful audit rights. Pfizer's financial records aren't auditable until after funding, and Pfizer can insist on a third-party audit firm of its own choosing. The bottom line: ALL THE RISK WAS SOCIALIZED (THE PEOPLE) ALL THE PROFIT WAS PRIVATIZED (#bigpharma) The government was contractually barred from stopping it, auditing it, or even licensing what it paid for. Screenshot: 10 years confidentiality of actual signed contract https://x.com/HopeRising19/status/2088119885830496541 https://hhs.gov/sites/default/files/pfizer-inc-covid-19-vaccine-contract.pdf