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re: Pfizer considering price hike on Covid Vac once the scare wanes

Posted on 3/31/21 at 9:16 am to
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41707 posts
Posted on 3/31/21 at 9:16 am to
quote:

Profit is part of the motive for developing it so quickly and efficiently.

Is that gonna be the new OT mantra regarding the vaccine now?
Posted by PoppaD
Texas
Member since Feb 2008
4951 posts
Posted on 3/31/21 at 9:24 am to
quote:

Is that gonna be the new OT mantra regarding the vaccine now?


It's the truth. Trump and operation warpspeed guaranteed the vaccine makers a huge profit.

There wasn't a cost to develop vaccine vs profit analysis because the companies knew they were gong to get a huge profit.

Do you understand that in typical drug development a company has to consider the cost of clinical studies, the cost of FDA approval, and the years required to recoup that investment? Because Trump guaranteed profit from the beginning the companies were able to develop it without thinking about the years needed to recoup their investment. The money to develop it and distribute it was already in the bank so to speak.
This post was edited on 3/31/21 at 9:33 am
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