For the fifth time since the onset of the COVID pandemic in early 2020, the skyrocketing price of Moderna stock has produced a billionaire.
Moderna President Dr. Stephen Hoge is the company’s latest shareholder and executive to join the “three-comma-club” — with an estimated $1.1 billion fortune.
Other club members are CEO Stéphane Bancel, chairman and cofounder of Noubar Afeyan, founding investor Timothy Springer and cofounder Robert Langer, Forbes reported.
Hoge, 45, joined Moderna in 2012 and owns 0.4% of Moderna stock — worth $365 million — in addition to about $685 million in options. Like the other Moderna shareholders, Hoge frequently sells stock — including $65.5 million worth (pre-tax) between March 2020 and April 2021.
Hoge is one of more than 40 new billionaires who made 10-figure fortunes with companies involved in the “battle against COVID.”
Activists say this wealth generation highlights the stark inequality that has resulted from the pandemic, CNN reported.
“These billionaires are the human face of the huge profits many pharmaceutical corporations are making from the monopoly they hold on these vaccines,” Anne Marriott, Oxfam’s health policy manager, said in a statement. “These vaccines were funded by public money and should be first and foremost a global public good, not a private profit opportunity.”
Since February 2020, Moderna’s share price has gained more than 700%. Over the past month alone, the company’s stock is up 29%. During this same timeframe, Moderna applied for Emergency Use Authorization from the U.S. Food and Drug Administration for its COVID vaccine in adolescents, and increased its forecasted production of vaccine in 2021, from 800 million doses to 1 billion.
Taxpayers foot the bill for vaccine research
As The Defender reported previously, Moderna’s COVID vaccine is funded almost entirely by U.S. taxpayers. Through its partnership with the U.S. government, Moderna received nearly $1 billion for research and development of its mRNA vaccine, and up to $1.525 billion for delivering 100 million doses, with an option for another 400 million.
According to Public Citizen, the National Institutes of Health (NIH) owns a 50% stake in Moderna’s mRNA vaccine, which the NIH helped develop under the National Institute of Allergy and Infectious Diseases (NIAID), run by Dr. Anthony Fauci.
As described in The People’s Vaccine, the U.S. government provided millions of dollars to Moderna as early as 2013 to help develop its mRNA technology. The NIH meanwhile was also developing new methods to target COVID spike proteins. When the new coronavirus emerged in Wuhan, China, the NIH worked with Moderna to design and test a vaccine.
The U.S. Biomedical Advanced Research Development Authority provided Moderna an additional $483 million to further develop the vaccine and scale up manufacturing.
Fauci and the NIAID have a financial incentive to push Moderna’s vaccine over competitors’ COVID vaccines — because Fauci personally, and others on staff, have a financial stake in the Moderna vaccine. Fauci and four of his hand-selected deputies will split hundreds of millions of dollars in royalties with Moderna from sales of the vaccine.
Moderna continues to ignore problems with its vaccine
Moderna’s stock has risen steadily, and its top executives have benefited accordingly, despite a growing number of reports of injuries and deaths following the vaccine.
According to the latest data from the Center for Disease Control and Prevention’s (CDC) Vaccine Adverse Events Reporting System (VAERS), between Dec. 14, 2020 and June 4, a total of 329,021 total adverse events were reported following COVID vaccines, including 5,888 deaths and 28,441 serious injury reports.
Of the 329,021 total vaccine injury reports, 152,262 were attributed to Moderna’s COVID vaccine, including 11,454 serious injuries and 2,241 reported deaths.
As The Defender reported this week, Simone Scott, a 19-year-old freshman at Northwestern University in Evanston, Ill., died June 11 of complications from a heart transplant she underwent after developing what her doctors believe was myocarditis following her second dose of the Moderna COVID vaccine.
Scott received her second dose of Moderna on May 1, after which she developed heart complications which required her to have a heart transplant. Her doctors have not fully confirmed the cause of her death, but they said it appears Scott suffered from myocarditis — which according to researchers at the National Organization for Rare Disorders, can result from infections, but “more commonly the myocarditis is a result of the body’s immune reaction to the initial heart damage.”
The Defender reported on June 15 that 21-year-old New Jersey student, Justin Harrington, suffered severe heart inflammation after receiving his second dose of Moderna’s COVID vaccine.
Justin, whose school required him to get the vaccine in order to attend classes in the fall, experienced flu-like symptoms followed by heart pain within eight to 12 hours of receiving the vaccine
“He has to wear a heart monitor and take four different medications for six months,” Justin’s father said. “He has to sleep propped up, can’t exert himself and he’s missing out on one of the most important times of his life.”
As recently as last week, Moderna said it has not found a link between its COVID vaccine and cases of a rare heart inflammation condition reported in young people who have received the shot.
The vaccine maker said in a statement it arrived at this conclusion after “carefully reviewing available safety data to date for the Moderna COVID-19 vaccine for cases of myocarditis and/or pericarditis.”
The CDC said during a June 10 meeting of the U.S. Food and Drug Administration’s (FDA) Vaccines and Related Biological Products Advisory Committee the agency had identified 226 reports of heart inflammation that might meet its “working case definition” of myocarditis and pericarditis following the shots, The Defender reported last week.
According to the CDC, a total of 475 cases of myocarditis or pericarditis were recorded in patients 30 and younger who received an mRNA vaccine. The median age of people with myocarditis or pericarditis following the first dose was 30, and after the second dose, 24.
Moderna said it “will continue to closely monitor these reports and is actively working with public health and regulatory authorities to further assess this issue.”
“We clearly have an imbalance there,” said Dr. Tom Shimabukuro of the CDC’s Immunization Safety Office during the June 10 FDA meeting. The committee met to discuss safety issues surrounding the use of COVID vaccines in children as young as 6 months old.
The CDC has scheduled an emergency meeting of its advisers on June 18 to discuss higher-than-expected reports of heart inflammation following doses of Pfizer and Moderna COVID vaccines.
EU probes Moderna’s vaccine
On May 10, EU regulators called on Pfizer and Moderna to provide additional data related to the companies’ COVID vaccines and a potential link to heart inflammation, after the agency completed a safety review of all four COVID vaccines authorized for emergency use in the EU.
In a report issued May 7, PRAC disclosed its members were aware of cases of myocarditis and pericarditis following Pfizer vaccination. Regulators said they didn’t see an indication the vaccine caused these cases, but as a prevention, PRAC requested Pfizer provide further data, including an analysis of events according to age and gender in its next pandemic summary safety report and will consider if any other regulatory action is needed.
Because Moderna and Pfizer use the same mRNA technology for their vaccines, the committee asked Moderna to monitor for similar cases of heart inflammation.
mRNA vaccines also linked to blood clots
Doctors have warned both the Pfizer and Moderna vaccines also could cause blood clotting disorders, similar to those associated with the Johnson & Johnson (J&J) and AstraZeneca vaccines.
As The Defender reported in April, U.S. regulatory officials were alerted to that fact as far back as December 2020.
A study released in April by Oxford University found the number of people who developed CVST blood clots after COVID vaccines was about the same for Pfizer, Moderna and AstraZeneca, MarketWatch reported. (J&J is not approved for use in the EU, where the study originated).
A search in VAERS revealed 5,907 reports of blood clotting disorders between Dec. 14, 2020 and June 4. Of those, 2,017 reports were attributed to Moderna.
© 2021 Children’s Health Defense, Inc. This work is reproduced and distributed with the permission of Children’s Health Defense, Inc. Want to learn more from Children’s Health Defense? Sign up for free news and updates from Robert F. Kennedy, Jr. and the Children’s Health Defense. Your donation will help to support us in our efforts.
New Conservative Network Seeks Crowdfunding Help
They say we have to go big or go home. We’re trying to go big and bring the patriotic truth the the nation, but we need help.
Readers may or may not realize that over the past year, we’ve been bringing more conservative news and opinion outlets under our wing. Don’t take our expansion as a sign of riches; all of the “acquisitions” have been through sweat and promises of greater things to come for all involved. As a result, we’ve been able to bring together several independent media sites under a unified vision of preventing America from succumbing to the progressive, “woke,” Neo-Marxist ideologies that are spreading like wildfire across America.
The slow and steady reopening of America is revealing there was a lot more economic hardship brought about from the Covd-19 lockdowns than most realize. While we continue to hope advertising dollars on the sites go up, it’s simply not enough to do things the right way. We are currently experiencing a gap between revenue and expenses that cannot be overcome by click-ads and MyPillow promos alone (promo code “NOQ” by the way).
To overcome our revenue gap and keep these sites running, our needs fluctuate between $3000-$7000 per month. In other words, we’re in the red and hemorrhaging.
The best way you can help us grow and continue to bring the truth to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal as well.
As the world spirals towards radical progressivism, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going.
Thank you and God Bless,
JD Rucker
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Gifts for Patriots: Forget All the Woke Corporate Retail Gifts This Year
Let me put the disclaimer up front. I’m a patriot. This site believes in promoting patriotic companies, supporting America-First ideas, and disseminating the truthful news that everyone in this nation needs to read or hear. To that end, it makes sense that the companies we allow to sponsor us are patriotic, America-First, and truth-embracing organizations.
Now for the other disclaimer. Buying from the three companies listed below using our promo codes helps us tremendously. The offers we give our readers access to are the best offers available; even using Mike Lindell’s promo code gives the same discount as using promo code “NOQ.”
We know there are many conservative sites who offer similar or even identical promos. We are not the biggest, not by a longshot, but we try very hard to provide excellent coverage of the most important topics to patriots. We do it unflinchingly and often at great sacrifice; there’s a reason you won’t find Google ads or Facebook buttons on our site. We cannot rail against Big Tech if we’re taking money from them or promoting their products. I’m not going to throw stones at other conservative news outlets who are beholden to Google or Facebook. We have our own sins. Nevertheless, you know when you use our promo codes you’re making an impact by supporting an honest style of delivering America-First news and commentary.
With that said, our sponsors have gifts available for all price ranges.
For the very special someone needing a very special gift, contact Our Gold Guy. Imagine their surprise when they see silver or gold coins in their stocking! Or, you can treat yourself to the ultimate hedge in the Biden economy. As the supply chain crumbles, inflation skyrockets, and the other investments lose momentum, precious metals make for the perfect protection. Be sure to tell them JD Rucker sent you!
At $499, the Freedom Phone will help you or someone you love break free from the Apple/Google duopoly in the smartphone world. With promo code “MAGA,” you’ll save $50. It’s well worth the peace of mind of having a completely uncensored device with an app store that cannot be canceled.
Our good friends at MyPillow have gifts ranging from stocking stuffers to high end bedding. You can knock out a lot of Christmas shopping with one stop at their website, and you’ll get maximum savings on each product you order by using promo code “NOQ.”
Lastly, if you’d like to include us on your Christmas list, we’d LOVE if you sponsored us. Donations go directly towards helping us disseminate important articles and podcasts to the nation.
As patriots, we must stand up for what we believe in. That means we slow or completely eliminate our expenditures with companies who hate us for our ideology. Our sponsors are all proud to support the America-First agenda, which is why we allow them on our pages. Like I said, you won’t find Google ads here.
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With that said, our content may be reproduced and distributed as long as it has a link to the original source and the author is credited prominently. We don’t mind you using our content as long as you help out by giving us credit with a prominent link. If you feel like giving us a tip for the content, we will not object!
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