I actually have no problem with pharma companies seeing huge profits from the covid vaccines. Should they not be compensated for their extremely difficult/impactful work? Why won’t someone else do it for cheaper?
Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
51–60 of 97 posts
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#52I actually have no problem with pharma companies seeing huge profits from the covid vaccines. Should they not be compensated for their extremely difficult/impactful work? Why won’t someone else do it for cheaper?
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#53What I don’t understand is how we can shut down the economy with a huge impact on small businesses, but not force the drug manufactures to share the capability with the rest of the world. We complain about the unvaccinated in the US and the possibility of mutations, but then don’t do everything we can to help vaccinate the world and prevent mutations. And Russia and China are sharing the less effective vaccines they…
Forcing vaccine manufacturers to give away their vaccine creates strong incentives against inventing vaccines. It works once, but the next pandemic may happen without any vaccines. The consensual, win-win way is to buy vaccines from the manufacturers, at high prices. This makes manufacturers wealthy by making people healthy and aligns incentives for the common good.
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#54Earlier quoted context omitted.
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 d…
Vaccine manufacturers are making $20-25/dose in revenue , not profit. The price for vaccines currently being charged is absurdly reasonable. I would pay 10x the price out of pocket without a second thought, and I wouldn't care how much of that is profit for the manufacturer.
These vaccines are so stupidly cheap and cost effective that the priority is, has been, and will be simply manufacturing and distributing enough.
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#55I actually have no problem with pharma companies seeing huge profits from the covid vaccines. Should they not be compensated for their extremely difficult/impactful work? Why won’t someone else do it for cheaper?
I'm fine with that if it happens in a free market under informed consent and for curing real diseases. But big pharma, big media, big tech, government and law enforcement acting in complete lockstep to forcibly inject experimental vaccines into your veins for something that amounts to a bad variant of the flu is something else entirely.
The flu will bind you to your bed for at least a week and you will need 3-6 weeks to recover. You will feel like somebody ran you over with a truck. It's not fun, it's highly dangerous.
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#56I actually have no problem with pharma companies seeing huge profits from the covid vaccines. Should they not be compensated for their extremely difficult/impactful work? Why won’t someone else do it for cheaper?
I'm fine with that if it happens in a free market under informed consent and for curing real diseases. But big pharma, big media, big tech, government and law enforcement acting in complete lockstep to forcibly inject experimental vaccines into your veins for something that amounts to a bad variant of the flu is something else entirely.
at some lvl, I got COVID-19 in January and it was the worst month of my life, I still haven't recovered to my pre-COVID cardio endurance. I would request that you don't belittle people who have had worse experiences or died as a result of it.
if you want to let /pol/ melt your brain you are more that welcome to do that just keep it in the containment board my dude.
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#57I actually have no problem with pharma companies seeing huge profits from the covid vaccines. Should they not be compensated for their extremely difficult/impactful work? Why won’t someone else do it for cheaper?
I'm fine with that if it happens in a free market under informed consent and for curing real diseases. But big pharma, big media, big tech, government and law enforcement acting in complete lockstep to forcibly inject experimental vaccines into your veins for something that amounts to a bad variant of the flu is something else entirely.
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#58What I don’t understand is how we can shut down the economy with a huge impact on small businesses, but not force the drug manufactures to share the capability with the rest of the world. We complain about the unvaccinated in the US and the possibility of mutations, but then don’t do everything we can to help vaccinate the world and prevent mutations. And Russia and China are sharing the less effective vaccines they…
Forcing vaccine manufacturers to give away their vaccine creates strong incentives against inventing vaccines. It works once, but the next pandemic may happen without any vaccines. The consensual, win-win way is to buy vaccines from the manufacturers, at high prices. This makes manufacturers wealthy by making people healthy and aligns incentives for the common good.
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#59I actually have no problem with pharma companies seeing huge profits from the covid vaccines. Should they not be compensated for their extremely difficult/impactful work? Why won’t someone else do it for cheaper?
Not that long ago people were talking about how the for-profit medical industry didn't have the best interest of the people in mind because their priority was to make money, to the detriment of people who can't afford healthcare. Now that seems to have vanished and all of a sudden they are able to still make profit while at the same time get massive public funding.
Re: Pfizer, Moderna seen reaping billions from Covid-19 vaccine booster market
#60Earlier quoted context omitted.
Forcing vaccine manufacturers to give away their vaccine creates strong incentives against inventing vaccines. It works once, but the next pandemic may happen without any vaccines. The consensual, win-win way is to buy vaccines from the manufacturers, at high prices. This makes manufacturers wealthy by making people healthy and aligns incentives for the common good.
Or just have government funded researchers that are well compensated, it's not the actual scientist that developed the drugs getting rich.