The Webmaster Expert reported on May 29 that since the U.S. government, and many other countries, began developing and funding vaccines for the Chinese Communist virus with free vaccinations, several related pharmaceutical companies, have gone from obscurity to casting nine new billionaires.
CNN reported that the nine new billionaires, including from Moderna (Moderna), Baintech (BioNTech) and CanSino Biologics (CanSino Biologics), the chief executives and investors of these companies.
MarketWatch reports that Moderna “increased its market capitalization to $54.3 billion in recent trading from $6.6 billion at the end of 2019, according to FactSet.”
Prior to its involvement in the creation of Pfizer’s vaccines, Pfizer’s vaccine development company, Baintech, was “relatively little known” and as Baintech’s stock price has soared, “the company’s founders, a couple, have become among the 100 richest people in Germany.”
The Communist Party’s military-backed Conchino Biologics has a similarly astronomical rise.