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The coronavirus vaccine will not be free: Americans have already paid for it — twice – Salon

The government is paying vaccine development costs plus paying for production — with a hefty profit for the makers

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If you are an American citizen, you have already paid for your novel coronavirus vaccine. Not only have you paid for this future vaccine, you have also paid billions for the research that went into discovering that vaccine. The pharmaceutical companies that accepted all that free money to do that research are going to make millions off your investment. You’ll get a jab in the arm.
One of the leading candidates in stage III clinical trials is the Moderna NIH vaccine. In normal times with any oth…

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Moderna Stock Jumps as Biotech Rakes in Revenue for Covid Vaccine – Barron’s

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Modernas
efforts to develop the first Covid-19 vaccine led to a big jump in third-quarter research and development costs, as well as soaring revenue.The Cambridge, Mass.-based biotech company, which doesnt yet have a commercial product but is among the companies chasing approval for a coronavirus vaccine, reported third-quarter earnings Thursday morning. It had a loss of 59 cents a share on revenue of $157.9 million. Revenue, which was boosted mostly by grants for Covid vaccine development, was…

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Home Depot signs lease to take over 120,000-square-foot Bed Bath & Beyond space in New York City – CNBC

Home Depot is getting ready to bulk up its presence in Manhattan, taking over a space that is being vacated by Bed Bath & Beyond next year.

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Home Depot is getting ready to bulk up its presence in Manhattan next year, taking over a massive space that is being vacated by Bed Bath & Beyond.
The home improvement retailer has signed a lease for a Gazit Horizons-owned asset on Manhattan’s Upper East Side, at 410 E. 61st St., which spans more than 120,000 square feet over four floors.
Bed Bath & Beyond’s current lease expires in 2021. The deal by Home Depot marks one of the largest retail leases, by both size and total annual rent, on record…

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Nokia Stock Crushed After Cutting Profit Outlook. The New CEO May Be Clearing the Decks. – Barron’s

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Telecom-equipment maker Nokia reported a third-quarter profit that didnt set off any alarm bells.But its stock slumped on Thursday, falling as much as 18% in Helsinki, as
Nokia
cut its 2020 profit view and guided toward a 2021 outlook worse than analysts expected.Nokia reported its earnings per share, on an adjusted basis, were steady in the third quarter as revenue fell 7%. The earnings were in line with the FactSet-compiled analyst forecasts, and sales were a little light.
Looking ahead. But…

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