4 ms·
> It's interesting there wasn't direct economic injection from governments. I didn't read the article, but I don't believe this is true. The vaccine is ultimat
by sho_hn 6y ago
> It's interesting there wasn't direct economic injection from governments.
I didn't read the article, but I don't believe this is true. The vaccine is ultimately not Pfizer's but BioNTech's, and the German government gave them $445 million to develop it.
- jariel 6y agoWe're talking about trials and manufacturing, not development of the vaccine itself. The former is R&D intensive, the later is op-ex expensive. The former relies on talent, the later is mostly just bodies and money. The former can be done much earlier in the process if the risk equations are aligned, which they are not, which is why Pfizer ramped up in October, and not back in April, when the could have, but wherein it wouldn't make sense for them.