Business
Pfizer and Moderna executives and directors cash in billions from COVID-19 vaccine success – NEWS.com.au
Pfizer and Moderna executives and directors cash in billions from COVID-19 vaccine success
Pharma honchos cashed out nearly half a billion dollars in stock as their companies raced to develop lifesaving coronavirus vaccines, a new report says.Executives and directors at 13 firms working on vaccines – including Pfizer, Moderna and Novavax – collectively sold more than 8.5 million shares worth about $US496 million ($A638 million) last year, according to theWall Street Journal (WSJ).
The pace of those sales nearly doubled from 2019, when insiders at the same companies dumped 4.7 million…
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