Live data from Hacker News

Moderna CEO made $400M last year–2,435x the median salary of employees

arstechnica.com

1–10 of 95 posts

Re: Moderna CEO made $400M last year–2,435x the median salary of employees

#5
In general, I wouldn't have a problem with this. It was a preplanned stock sale, and the value of Moderna skyrocketed, predictably.

But, this...

"In a congressional hearing in March, Sanders highlighted that Moderna created its vaccine in partnership with the National Institutes of Health and received $1.7 billion in federal grant money for clinical development."

sort of changes things.

The solution? I am not sure.

Re: Moderna CEO made $400M last year–2,435x the median salary of employees

#9

In general, I wouldn't have a problem with this. It was a preplanned stock sale, and the value of Moderna skyrocketed, predictably. But, this... "In a congressional hearing in March, Sanders highlighted that Moderna created its vaccine in partnership with the National Institutes of Health and received $1.7 billion in federal grant money for clinical development." sort of changes things. The solution? I am not sure.

Welcome to 20th century industry.

Re: Moderna CEO made $400M last year–2,435x the median salary of employees

#10

  > 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?
Post reply on HN