3 ms·

Pfizers R&D? Comes from the tax payers? How, through subsidies? (genuinely curious, never heard this before)

• tagoregrtst 5y ago
  The US government finances a lot of private RnD projects and often the companies have sweet heart deals to use it. This appears to be particularly the case in biology (I'm in energy, so its different) Also, the US government finances the vast majority of university biomedical grad students, each costing at least 100k/year. These grads then bring their knowhow to the companies. This is at least $0.5million/employee subsidy in free training. In the end, it really depends who you ask. Left wingers will say that the government is getting a raw deal, right wingers will point out that the government gets its cut. As to the Pfizer vaccine, Operation Warp Speed doled out billions for COVID vaccine R&D, but Pfizer claims to not have participated in the program. …Except they did participated and they received >1billion from it. … Except it was a purchase order, not R&D … Except a guaranteed purchase order is effectively a subsidy (since your known risk is lowered) … except … except