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To be fair, I think the contract between AZ and Oxford University actually restricts them from making a profit for a period of N months/years. So they are only
by DoingIsLearning 6y ago
To be fair, I think the contract between AZ and Oxford University actually restricts them from making a profit for a period of N months/years.
So they are only technically allowed to adjust the price to take into account the different operational costs depending on the manufacturing site.
- signal11 6y agoI believe AZ have said they will not profit off the vaccine until the pandemic ends. The interesting thing is that they may get to decide when that happens.[1] [1] https://www.fiercepharma.com/pharma/astrazeneca-puts-a-time-limit-its-covid-19-no-profit-pledge-report https://www.fiercepharma.com/pharma/astrazeneca-puts-a-time-...
- hef19898 6y agoFrom top of my head, not before June / July or when the WHO declares the end of the pandemic.
- jonplackett 6y agoYes I did know that (I’m just being silly really) but even so, PR is a cost and so they wouldn’t even be making any more profit! I do think people aren’t giving AZ enough credit for doing it at cost though. Especially compared to the €50 per dose Pfizer initially quoted the EU!