Rich people are going to get it first. Even if you come up with some scheme to prevent that, rich and connected people are going to get it first anyways. Skip the bullshit and just let markets work this out. I'm sure some rich person will buy a bunch and distribute it freely.https://twitter.com/florian_krammer/status/1264900403994529792 …
-
IMO vaccine development by these companies isn’t driven from a profit motive. In this case I think it’s 1) a good PR look for the company and the industry and 2) an opportunity to buy a lot of goodwill with govt regulators.
I don’t know a ton about the economics but I’m inclined to agree. Good points. Flip side is first company to make a vaccine absent govt interference will make a killing...if we ever get a vaccine
-
-
Matt Levine holds that since pharma companies are largely held by funds that also own a large share of the rest of the economy, these funds are probably calling the pharma companies: "make a vaccine asap, who cares about profits, just restart the economy so my indexes go up".
-
Not the full story, of course, but probably not an entirely irrelevant dynamic either.
- 1 more reply
New conversation -
-
-
Possibly. I could see the industry opting for a shot at appeasement towards the likes of Bernie Sanders and those calling for nationalization of the healthcare and pharmaceutical industry. Decline to patent the vaccine so others can produce it as well.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.