‘COVID-19 Billionaires should pay for the poor’
NITA BHALLA COVID-19 vaccine profits have created at least nine billionaires whose combined wealth would be enough to inoculate all of the world's poor, a coalition of charities and activists said yesterday, calling for a more equitable distribution of jabs. The new billionaires - who include senior executives from U.S. firm Moderna Inc and China's CanSino Biologics - have a net worth of $19.3 billion between them, according to the People's Vaccine Alliance. That sum would be more than enough to fully vaccinate all the people in low-income countries, the alliance said, urging pharmaceutical companies to end their "monopoly" over…