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Study: Public funding made up 97-99% of the R&D cost of Oxford-AZ vaccine [pdf]
- vanilla-almond 6y agoThe title of this pre-print paper: Who funded the research behind the Oxford-AstraZeneca COVID-19 vaccine? Conclusion: > Our study identified that public funding accounted for 97.1-99.0% of the funding towards the R&D of ChAdOx and the Oxford-AstraZeneca vaccine. We furthermore encountered a severe lack of transparency in research funding reporting mechanisms. Related Guardian report: https://www.theguardian.com/science/2021/apr/15/oxfordastrazeneca-covid-vaccine-research-was-97-publicly-funded https://www.theguardian.com/science/2021/apr/15/oxfordastraz... From the above report, the researchers say: > "We need to stop perpetuating the narrative in which the private sector and profit are the sole drivers of innovation, and recognise that the life-saving ChAdOx vaccine technology was developed with near total governmental and charitable funding."
- pope_meat 6y agoI thought that's the whole racket. Public dollars fund a bunch of research, and private hands collect the profits, ideally in the most cleverly design tax structure possible to minimize taxes.