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Don't feel too bad, the execution depended on a massive world-changing pandemic where funding flowed freely and normal economics just didn't apply.
by BitwiseFool 6y ago
Don't feel too bad, the execution depended on a massive world-changing pandemic where funding flowed freely and normal economics just didn't apply.
- Cu3PO42 6y agoThey were working on applying mRNA technology to other diseases, including (and in particular) cancer, well before the pandemic. While it is true that they have received significant funding this year, they had a $7.6B market cap on Dec 31, 2019 and were already conducting several clinical studies for mRNA-based medicine [1]. [1] https://web.archive.org/web/20200128054759/https://biontech.de/science/pipeline https://web.archive.org/web/20200128054759/https://biontech....
- stanford_labrat 6y agoSmaller companies here in the bay area as well, see: Rejuvenation Tech.
- aledalgrande 6y agoModerna is too.
- fairity 6y agoIMO, the healthier coping mechanism is to realize that the path you take in life will never be the most optimal. We all make mistakes, and if all we care about is extrinsic achievement, we'll be either steeped in regret (or perhaps, blissfully ignorant). Instead of being outcome dependent, try to value things that are by nature, intrinsic.
- darig 6y ago> normal economics just didn't apply. It wasn't the economics that didn't apply... it was the safety protocols and ethics surrounding the processes of altering the genetics of human tissue.
- KraftKacke 6y agoNo. The cash helped develop a vaccine this fast, but further application comes with the recent innovation in the lipid nano particles for delivery. That was done before the pandemic.