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> Moderna will price their drug as high as they can to recoup losses incurred during the pandemic That statement implies that they haven't been paid market pri
by tastyfreeze 5y ago
> Moderna will price their drug as high as they can to recoup losses incurred during the pandemic
That statement implies that they haven't been paid market price for their vaccine during the pandemic. Vaccines were not provided for free by any manufacturer. They were selling doses to governments as fast as they could be made making billions in the process. Pfizer is projecting $26 billion to $33.5 billion in COVID-19 vaccine revenue this year. Moderna is projecting $15 billion to $30 billion in 2022 COVID-19 vaccine revenue.
https://www.fiercepharma.com/pharma/pfizer-moderna-turn-up-covid-19-vaccine-prices-europe-as-companies-plot-deliveries-into-2022 https://www.fiercepharma.com/pharma/pfizer-moderna-turn-up-c...
- cratermoon 5y ago> That statement implies that they haven't been paid market price for their vaccine during the pandemic. You'll forgive me if I don't see how I implied they were giving away their vaccines. It's certain that the vaccines makers will do everything they can to profit from the mRNA breakthroughs that they could have cashed in on absent a global pandemic. A little goodwill PR now could go a long way towards keeping regulators and politicians off their backs as they use their government-subsidized inventions for private profit.
- logifail 5y ago> Vaccines were not provided for free by any manufacturer. They were selling doses to governments as fast as they could be made making billions in the process. Not all of them: AstraZeneca vaccine - was it really worth it? https://www.bbc.com/news/business-56570364 https://www.bbc.com/news/business-56570364