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At this point, AZ must really regret having gone down the road of working with Oxford to supply a Covid vaccine. They are not even making money off it at the mo
by throw-8462682 5y ago
At this point, AZ must really regret having gone down the road of working with Oxford to supply a Covid vaccine. They are not even making money off it at the moment. Pfizer on the other hand hit gold with their BioNTech collaboration. They are making 10+ B this year and probably even more in brand value. AZ on the other hand lost billions of brand value. Is there a morale of this story?
- _Microft 5y agoI bet a lot of people will hate to hear that but I think the morale of the story is "Don't overpromise and underdeliver".
- sschueller 5y agoSo far that hasn't hurt Elon Musk a bit...
- thomasahle 5y agoHigh risks, high rewards?
- rsynnott 5y agoThe moral of the story is, don't contract to deliver 100 million widgets in a quarter and then actually deliver 30 million widgets. It's pretty simple; remove the vaccine context and there's nothing at all controversial going on here. Missing production forecasts is one thing, but missing them by this much is unusual and will usually result in trouble for the manufacturer. Really, I'd say it's more the case that Oxford is regretting working with AZ, rather than a more established vaccine manufacturer.
- PunchTornado 5y agoalso don't fulfil 1 contract at 100% and another one at 30%..