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Even the expensive COVID vaccines are an absolute bargain compared to all the costs associated with not having them (economic, social, health, geopolitical...).
by esja 6y ago
Even the expensive COVID vaccines are an absolute bargain compared to all the costs associated with not having them (economic, social, health, geopolitical...).
The EU has just created a huge problem for themselves (which will result in extra people dying) by insisting on paying 2 dollars per dose for the AZ vaccine instead of 3 dollars or whatever. If you do the maths on that, it’s hard to find a rational or humane justification for trying to “save money” this way.
Israel by contrast decided to pay double the list price for their vaccines, and half their population is now vaccinated.
https://www.politico.eu/article/europe-coronavirus-vaccine-struggle-pfizer-biontech-astrazeneca/ https://www.politico.eu/article/europe-coronavirus-vaccine-s...
- rob74 6y agoCool, let's just have an international auction for the vaccines, then the rich countries will have ten times the doses they need to vaccinate their entire population (because you never know how the clinical trials will turn out). What about the poorer countries, you ask? Well, tough luck... Plus, in Israel it's just half of the Israeli population, strange nobody is talking about the Palestinians.
- hef19898 6y agoMy understanding is, that the Universit of Oxford insisted on the non-profit model as part of their IP-liscensing agreement with AZ. So same prizes for everyone as far as AZ is concerned. The EU plan is to buy more than needed and share it with other ountries in need. There are even contractual stipulations in the AZ-EU contract covering that.