3 ms·
They can be sure the vaccine is safe without being sure they would win in court.
by johnny53169 5y ago
They can be sure the vaccine is safe without being sure they would win in court.
- inter_netuser 5y agoso they would lose a legal challenge to the product's safety....but it's safe? How does that follow? Liability is just a cost of doing business. You ever had D&O insurance? Right now in blockchain businesses some get quoted 10+% for coverage, i.e. 100k+ for 1 mil in coverage. Many simply forego the insurance because it's too expensive, and assume the risk. The product in question had too little upside to offset the liability, that's all.
- torgoguys 5y ago> so they would lose a legal challenge to the product's safety....but it's safe? How does that follow? You convince a jury that it is unsafe. Happens all the time. There are many reasons this is easier than it should be. > The product in question had too little upside to offset the liability, that's all. The vaccine had a ton of upside...for those receiving it. Like most vaccines, it's not a hugely profitable endeavor for the company producing it, so it wasn't worth all of the baloney being thrown around in court.
- inter_netuser 5y agoHow much would you pay out of pocket to get the vaccine? People do group buys for all sorts of nutraceticals, small molecules, and even some biologics.
- torgoguys 5y agoFor me, at least $100, probably quite a bit more if I thought about it. However, I don't know that you could legally manufacture and sell/group buy such things. Nutraceuticals gets exceptions under the current, disastrous law but this wouldn't qualify.
- inter_netuser 5y agoIf enough people pool in, you could underwrite your own clinical trial. Why not? People have pooled-in to try drugs that are in development and not generally available yet. I can recall numerous instances: pitolisant, rintalimod, hyper immune IG, etc Some went well, some were disasters, it’s the same as any other clinical trial.