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Hmm super expensive hard to transport Pfizer vaccine ... first to be approved. Next Moderna ... also super expensive second to be approved. After six months t
by roody15 6y ago
Hmm super expensive hard to transport Pfizer vaccine ... first to be approved.
Next Moderna ... also super expensive second to be approved.
After six months to a year ... and after making huge profits....
Then the AstraZeneca/Russian vaccine variants will be “found” to be also effective.
We must first wait and let Pfizer make a few billion !!!
- maxerickson 6y agoIt's $40, not super expensive. 600 million doses would cost $25 billion, a trifle compared to how much the pandemic is costing.
- roody15 6y agoAstrazeneca believes their vaccine may soon be less than 1$ per dose. If we are serious about vaccination worldwide and quickly ... then this should already be approved IMO
- djsumdog 6y agoWell hundreds of millions have already flowed into every major pharma company for development costs, so the price for tax payers in every contributing country is substantially higher than $40/person. That's just the price an individual may see.
- maxerickson 6y agoNo, that's (roughly) the per dose price the US is paying for the vaccine (there's no individual fee here for the vaccine, I guess there can be an administrative fee, but that won't go to the manufacturer, it will go to the health provider doing the vaccination).
- graeme 6y agoDid you mean hundreds of billions? Hundreds of millions is a tiny amount relative to the billions of doses under production. Hundreds of billions is not accurate either though.
- stjohnswarts 6y agoYou're kidding right? The whole operation "Warp Speed" was a bit over $10 billion, that is a pittance compared to the trillions spent to keep the economy from collapsing.
- tyre 6y agoIt’s fun to shit on Big Pharma but this isn’t true. Pfizer specifically rejected government funding. It did so because it didn’t want to be dragged into bureaucracy.
- morsch 6y agoBiontech, Pfizer's research partner, received 375 million Euro from the German government. https://www.bundesregierung.de/breg-de/themen/themenseite-forschung/corona-impfstoff-1787044 https://www.bundesregierung.de/breg-de/themen/themenseite-fo...
- Slartie 6y agoThat is true, and likely one of the reasons for that favorable EU deal. But what's also correct is: neither Pfizer nor BioNTech did accept money from the Trump government (except as payment for the finished product once it was approved of course), which is what the OP probably meant. There's a huge difference regarding the potential for politicization between this particular government and any other sane government on this planet, and especially the German one that's currently being led by a trained physicist.
- shoo 6y ago> Belgium’s budget state secretary, Eva De Bleeker, posted the price list on Twitter, with the amounts of each vaccine that her country intends to buy from the EU. The tweet was quickly deleted, but not soon enough to prevent interested parties taking screenshots, which have now made it public knowledge. This is the list of what the EU is paying: Oxford/AstraZeneca: €1.78 (£1.61) Johnson & Johnson: $8.50 (£6.30) Sanofi/GSK: €7.56 Pfizer/BioNTech: €12 CureVac: €10 Moderna: $18 https://www.theguardian.com/world/2020/dec/18/belgian-minister-accidentally-tweets-eus-covid-vaccine-price-list https://www.theguardian.com/world/2020/dec/18/belgian-minist...
- rocqua 6y agoNotably, these are prices for the EU members
- refurb 6y agoWell that's not good. Pharmaceutical companies are typically willing to negotiate on price if the agreed price is confidential. (I have no idea if that was the case here or not)
- deleted 6y ago[deleted]
- stjohnswarts 6y agoI mean does anyone even care if it's under $100? Given what it has cost economies all over the world it is a drop in the ocean.
- stjohnswarts 6y agoThis is why I was so angry to find out that the Trump administration passed on 100 million doses. Are you kidding me? And they didn't have to pay for them if it wasn't proven to be effective. There was literally no downside! This has just been a terrible Presidency from all angles.
- tathougies 6y agoThe US has 100 million doses of Pfizer and 50 million of Moderna, enough to cover a bit under half the country. Then, it has 500 million of the Oxford vaccine. Altogether, this is more than enough to cover the country. And then it has the option to purchase more..
- CydeWeys 6y agoIt's two doses per person, so the first 150M only cover 75M people, not half of the country.
- tathougies 6y agoNo, I read that the doses reported by the government are the full two doses, so if there are 100 million doses, then the government has 200 million shots.
- maxerickson 6y agoTheir purchase targets across all the vaccine candidates should have been in the billions, with the idea of distributing any excess (FDA approved) vaccines around the world.
- zaroth 6y agoIf Trump had stockpiled even more doses he would just be called a mass murderer for hoarding the initial supply. America has enough of the first round of production locked up.
- stu2b50 6y agoAh yes, it's definitely a conspiracy, not the fact that the Biontech/Pfizer and Moderna vaccines are RNA based, which are far faster to make, but which also are known to break down at high temperatures while AstraZeneca is a traditional vaccine. Yep, it's definitely not the logical reason but Big Pharma and the US government and Germany at it again.
- stjohnswarts 6y agoI wouldn't say far faster. Russia and China have both come up with vaccines in a similar amount of time. We haven't seen any details on how effective they are compared. J&J is making a more traditional vaccine and it should be finishing up the Stage 3 study in a month or two and be ready for approval. They're hoping it will be a single dose vaccine
- danhor 6y agoI mean, two days in january: https://www.businessinsider.com/moderna-designed-coronavirus-vaccine-in-2-days-2020-11 https://www.businessinsider.com/moderna-designed-coronavirus.... According to wikipedia (https://en.wikipedia.org/wiki/Gam-COVID-Vac https://en.wikipedia.org/wiki/Gam-COVID-Vac), the Russian vaccine was completed in May and it's Phase 3 trial is expected to be concluded in May 202021. It's far faster & the timelines of the trials roughly match.
- aphextron 6y agoWhat exactly is wrong with allowing a company to profit from performing a literal miracle?
- mssundaram 6y agoI don't think you'll ever see the answer to your question if that's how you're framing it
- systemvoltage 6y agoI think Gov should buy the vaccine and provide it for free. Private companies should rightfully charge a premium to the governments as they took: 1) Enormous risk 2) Expediency 3) Investment of talent 4) Demand is through the roof; all this even if the governments were involved in hedging the risk for spinning up manufacturing lines.
- handmodel 6y agoIn the US that is what is happening - no one is paying for the vaccine. It is intellectually vapid to get worked about the fact companies are making a $15 marginal unit profit on a vaccine that has 10x the utility of the average annual physical but costs 1/10th as much.
- systemvoltage 6y agoI wasn't aware it is free in the US. That's great.
- stjohnswarts 6y agoFor what it's worth both Trump and Biden stated as much regardless of who won the election.
- petre 6y agoIf it isn't free then it isn't effective because it would drastically reduce the number of recipients.