That’s insane. I don’t know anyone asking for that much. How would you justify that expense?
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There will be likely be trillions of dollars in economic damage in the US. We are already seeing $1Tn+ damage globally. $20Bn is a sneeze in a hat. You can’t throw money at this problem alone; you must put skilled people in charge of rapid initiatives that push regulation.
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1 Trillion in wealth. I could care less what happens to those with wealth, they’ll be fine. Throwing money at *people* that are demanded to self-quarantine? Maybe. Regardless, this could’ve been avoided with 2B on a pandemic response team. I think 8B is plenty to recover.
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We need capital to be deployed into the startup and private ecosystem for developing expanded vaccine and therapeutic approaches for this and future threats. At-home or drive-by diagnostics tests should be available, however we avoided giving private companies the ability to test
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Waste much? I love startups but now is not the time for money to be allocated for that. Advocate a private investor. Not the federal government.
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The Federal Government absolutely should make capital available for smaller companies given the need for BSL3 facilities and streamlined workflows for vaccine and therapeutic development. Private industry drives discovery and innovation. I am not talking about apps here.
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Replying to @nanogenomic @DanielleFong and
Is there any evidence start ups are better at this than large or state run facilities, or universities, especially if you need to put together a BSL-3 lab?
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Replying to @LadonPrumt @DanielleFong and
The testing with live
#SARSCoV2 is done in a BSL3 lab. I just spoke to NIAID Monday and they will be providing these workflows free of charge. The formulation and discovery of the vaccine and therapeutic approaches is done by smaller companies, typically. It needs to be parallel.1 reply 1 retweet 1 like -
Replying to @nanogenomic @DanielleFong and
So you're proposing using existing labs and giving funding to establish and run small individual startups? That does make sense, many individual teams working on the same problem in parallel
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I am raising and earning the capital to fund many of these startups, and others are jumping in!
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