Merck CEO: Slow Down on Vaccine Talk

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In an interview with Tsedal Neeley, the Naylor Fitzhugh Professor of Business Administration at Harvard Business School, Frazier said officials are doing a “grave disservice” to the public by talking up the potential for vaccines later this year. There are massive scientific and logistical obstacles to achieving such a feat, he said.

“What worries me the most is that the public is so hungry, is so desperate to go back to normalcy, that they are pushing us to move things faster and faster,” Frazier said. “Ultimately, if you are going to use a vaccine in billions of people, you’d better know what that vaccine does.”

On the scientific front, Frazier brought up the fact that it typically takes several years or longer to develop vaccines. Merck won approval for its mumps vaccine after four years of research and development, a record, and it took five and a half years to score an approval for Merck’s Ebola vaccine.

In the last 25 years, pharma companies worldwide have developed seven “truly new” vaccines, Frazier said, and Merck was responsible for four of them. Scientists have been working on an HIV vaccine for decades to no avail, he added.

By talking up near-term vaccines, Frazier argues officials are enabling the public to ignore common-sense measures to slow the spread of COVID-19, such as wearing a mask.

And aside from the scientific obstacles, manufacturing and distribution remain an even bigger challenge, Frazier said in the interview.

Whenever Merck is ready to launch its vaccine, the company has committed to “broad, equitable, affordable access,” Frazier said. That means that “no matter where you are in the world, you should have access to this vaccine.” He cited an era of "ultra nationalism" as one obstacle to a launch, saying countries are more interested in securing supplies for their own populations than in prioritizing vaccines for people around the world who need them most.

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