Myth: vaccines are massive money-makers for EVIL PHARMA Reality: best evidence indicates that most vaccines save AT LEAST $40 USD per dose given, much of which is in drug costs
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Replying to @GidMK @rob_england
Both statements are not totally incompatible. Vaccines save lives, and fill the pockets of pharma companies.
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Replying to @bairangfa @rob_england
No, actually they mostly cost pharma companies money. In the case of COVID-19, a vaccine dose costs a fraction of the cost of an inpatient schedule of medications, and the same companies make both!
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This is a totallising statement. Itis not true of all but a few therapies. Historically most therapies jave not made super profits hence retreat of pharma from vaccine innovation. But they generally make $ (they are only rarely loss leaders). Its just not standard Pharma model
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In isolation, they certainly do generally make money (although never blockbusters), but as a feature in the system of drug sales they almost always reduce the overall income due to the disease that they prevent
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Yet there are increasing amounts of vaccines approaching that blockbuster magic. Now 15% of total sales. Mrna changing gear again
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Sure, but even then they are unlikely to last very long as a money-maker. Very tight supply and massive demand will soon be replaced by an enormous amount of competition. Probably why they're pushing so hard to authorize boosters!
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8 or so new billionaires creates since Covid. Imagine they if they took some of those profits and some fda approved off patent for potential treatment . It is crazy that everyone who has pronouns in their bio so trusting of big pharma? I wonder who funds all their research?
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While I agree with first part thecsecond part seems to be intimating something.
@GidMK is a very good voice of truth around medicine & science. I am a fierce critic of pharma.2 replies 0 retweets 1 like
I'm not a fan of pharma generally, I just don't think that vaccines are where they really do awful stuff as a general rule
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No and within reason there have been a few CSR examples of staying and producing in dying innovation area. But this has been on back of a lot of govt stimulus and has detracted from gross profits elsewhere
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