31–40 of 95 posts
People want it both ways. They want private business to use the free market to develop more efficient and better solutions than a socialized system, but also a limit to just how much that free market should compensate them. Either you're a capitalist or you're not. If the company in question was Disney or Apple, this wouldn't be appearing on HN in any capacity.
Good. They made a world saving product just in time!
https://assets.modernatx.com/m/12c20bf7f34a6490/original/Mod...
People want it both ways. They want private business to use the free market to develop more efficient and better solutions than a socialized system, but also a limit to just how much that free market should compensate them. Either you're a capitalist or you're not. If the company in question was Disney or Apple, this wouldn't be appearing on HN in any capacity.
Any government funding does muddy the waters slightly, but anything they did contribute I assume was for the public good.
Good. They made a world saving product just in time!
> Bancel's haul was largely from pre-planned stock sales, and he has said that he will donate much of it to charity. the best faith interpretation of this seems crazy to me.
I dont understand this comment, sorry.
You could simply retain ownership of an important biomedical company or you could share it with employees.
Selling shares for money that you then give away is dumb.
I will say it’s strange the government doesn’t have substantial stake in this company given the subsidies. Same with Tesla and many others too.
Good. They made a world saving product just in time!
with (at least) $1.4b in taxpayer funding https://assets.modernatx.com/m/12c20bf7f34a6490/original/Mod...
Oh right, because everyone predicting this would happen in 2020 and 2021 was hastily banned from social media and given the greenlight by legacy media to be ostracized and marginalized by the body politic using the most utterly vacuous rhetoric imaginable.
All the tobacco executives now working in the pharma industry must feel accomplished.
> Moderna created its vaccine in partnership with the National Institutes of Health and received $1.7 billion in federal grant money for clinical development. Is the vaccine subject to any patents or other restrictions that would prevent a generic version? If so, why is this allowed when its development was largely paid for by the public?