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The primary issue is that vaccines are becoming a very large percentage of pharmas profits as well as there being protections for the industry to prevent people
by sschueller 7y ago
The primary issue is that vaccines are becoming a very large percentage of pharmas profits as well as there being protections for the industry to prevent people for suing them if a vaccine turns out to be actually unsafe. As far as I know this also applies if there were issues in the manufacturing even if the vaccine itself is safe.
Vaccines are very important and most make sense but we are at what appears to be a tipping point where profits may go over the general well-being of the public.
We need proper oversight.
- Analemma_ 7y ago> The primary issue is that vaccines are becoming a very large percentage of pharmas profits [Citation needed]. Vaccines are practically sold at break-even cost, and in fact in the last few decades many companies have exited the vaccine market entirely because there was so little money to be made. > as well as there being protections for the industry to prevent people for suing them if a vaccine turns out to be actually unsafe These liability protections exist because vaccines are so unprofitable. If you didn't have indemnity for a product that both a) gets distributed to almost everyone, and so even tiny probabilities of side effects result in large absolute numbers of cases b) has a tiny profit margin no one would ever take on that risk, and the only way for vaccines to get made would be from nationalized industries.
- sschueller 7y agohttps://www.statista.com/statistics/265102/revenues-in-the-global-vaccine-market/ https://www.statista.com/statistics/265102/revenues-in-the-g... https://www.cnbc.com/2019/05/10/merck-pfizer-sanofi-pasteur-and-glaxosmithkline-make-billions-from-shingrix-and-gardasil-vaccines.html https://www.cnbc.com/2019/05/10/merck-pfizer-sanofi-pasteur-...
- delfinom 7y agoVaccines do have shitloads of oversight and its world wide. Do you think the US FDA is somehow the only org in the entire world that's checking vaccines and drugs?
- sschueller 7y agoBy oversight I mean are vaccines being pushed that are unnecessary for everyone to get (for example yearly flu). Are government officials being lobbied to pass laws requiring vaccines that are not needed etc. I believe the vaccines them selves are safe and tested.