Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
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Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#2And saving tens or hundreds of thousands of lives...
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#3$60 billion for two years worth of shots? Sounds like a steal. Covid has cost the global economy Trillions and Trillions of dollars already, and all the downstream costs will probably add up to $100 trillion real dollars when factoring in inflation, money printing, national debt, state/provincial debts/local debts/consumer debt increases.
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#4Is it just me or are Reuters headlines more clickbaity from a decade ago
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#5$60 billion for two years worth of shots? Sounds like a steal. Covid has cost the global economy Trillions and Trillions of dollars already, and all the downstream costs will probably add up to $100 trillion real dollars when factoring in inflation, money printing, national debt, state/provincial debts/local debts/consumer debt increases.
The world massively over reacted to covid a disease that mainly affects the old and infirm.
$60,000,000,000 / 10,000 saved works out to $6,000,000 per life saved. If the median age of death of a covid victim is 80 then this expenditure amounts to a massive misallocation of resources just on the vaccine alone never mind the hundreds of billions (actually trillions, as you say!) more spent on economically disruptive and ineffective lockdowns.
Everybody dies sooner or later. The world should never have shut down to protect people from a disease whose median death age is 80! It is social, economic and biological mass insanity.
https://www.wsj.com/articles/the-covid-age-penalty-115920032...
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#6$60 billion for two years worth of shots? Sounds like a steal. Covid has cost the global economy Trillions and Trillions of dollars already, and all the downstream costs will probably add up to $100 trillion real dollars when factoring in inflation, money printing, national debt, state/provincial debts/local debts/consumer debt increases.
The costs of the pandemic are one side. The other is the cost of developing and producing the vaccines. In a normal market situation, prices are determined by supply and demand. But that's really not such a situation here. The question from the government's point of view has to be whether you could have had the vaccine cheaper. After all, large sums of money have already been invested by the states for research and development. The question is what the contracts and conditions were for these investments. But if the manufacturers had hardly any costs and risks during development and are now allowed to hold the rights to the patents and make large profits with the vaccines, then in my opinion something has gone wrong. However, I don't know if that is actually the case here.
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#7$60 billion for two years worth of shots? Sounds like a steal. Covid has cost the global economy Trillions and Trillions of dollars already, and all the downstream costs will probably add up to $100 trillion real dollars when factoring in inflation, money printing, national debt, state/provincial debts/local debts/consumer debt increases.
The world massively over reacted to covid a disease that mainly affects the old and infirm. $60,000,000,000 / 10,000 saved works out to $6,000,000 per life saved. If the median age of death of a covid victim is 80 then this expenditure amounts to a massive misallocation of resources just on the vaccine alone never mind the hundreds of billions (actually trillions, as you say!) more spent on economically disruptive an…
Death isn't the only thing that comes from the virus. You're also ignoring all of the younger people who are immunocompromised or otherwise susceptible to the effects of the disease. Alternative suggestion: everyone just get their shots just like they do their flu shot and we can all move forward with our lives.
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#8Earlier quoted context omitted.
The world massively over reacted to covid a disease that mainly affects the old and infirm. $60,000,000,000 / 10,000 saved works out to $6,000,000 per life saved. If the median age of death of a covid victim is 80 then this expenditure amounts to a massive misallocation of resources just on the vaccine alone never mind the hundreds of billions (actually trillions, as you say!) more spent on economically disruptive an…
Death isn't the only thing that comes from the virus. You're also ignoring all of the younger people who are immunocompromised or otherwise susceptible to the effects of the disease. Alternative suggestion: everyone just get their shots just like they do their flu shot and we can all move forward with our lives.
Just think of the healthcare Costs that will eventually have to be paid by Medicare and Medicaid for hospital visits and it’s a steal
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#9Yeah, a global pandemic will do that to the Pharma industry. I hope to see that money being put to good use developing new methods of delivering medicine and to novel uses of mRNA technology.
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#10$60 billion for two years worth of shots? Sounds like a steal. Covid has cost the global economy Trillions and Trillions of dollars already, and all the downstream costs will probably add up to $100 trillion real dollars when factoring in inflation, money printing, national debt, state/provincial debts/local debts/consumer debt increases.
The world massively over reacted to covid a disease that mainly affects the old and infirm. $60,000,000,000 / 10,000 saved works out to $6,000,000 per life saved. If the median age of death of a covid victim is 80 then this expenditure amounts to a massive misallocation of resources just on the vaccine alone never mind the hundreds of billions (actually trillions, as you say!) more spent on economically disruptive an…
As we're seeing with the delta variant, the longer we allow the disease to vigorously spread, the potentially more dangerous it becomes.
So we (mostly) kept hospitals from having to add beds inside parking garages, and morgues from having to rent ice trucks, and perhaps we also have slowed the rate of new variants.
With the lockdowns, social distancing, masking, etc, flu deaths practically dropped to zero while COVID reached #3 for causes of death in the U.S. Just how serious could that death toll have been if we hadn't "overreacted"?