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so 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
by inter_netuser 5y ago
so 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.