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Oxford/AstraZeneca Covid vaccine research ‘was 97% publicly funded’ - https://www.theguardian.com/science/2021/apr/15/oxfordastrazeneca-covid-vaccine-research-w
by nhchris 4y ago
Oxford/AstraZeneca Covid vaccine research ‘was 97% publicly funded’ - https://www.theguardian.com/science/2021/apr/15/oxfordastrazeneca-covid-vaccine-research-was-97-publicly-funded https://www.theguardian.com/science/2021/apr/15/oxfordastraz...
It would be nice to see a similar analysis for Moderna's vaccine, but of course the companies like to keep their cards close to their chest.
- Grim-444 4y agoThere's a difference between funding research and funding development and manufacturing. No company would develop and manufacture a drug if they wouldn't make profit of it, no matter how much related research was or wasn't done using public funding.
- nhchris 4y ago> There's a difference between funding research and funding development and manufacturing. The 97% figure from the study is for research and development. As for manufacturing, they would recoup that from selling the vaccine at/slightly above manufacturing cost. As the article I linked states, they didn't like that deal. And the next time they come out with some drug or vaccine, will we also just assume most of the funds were private, until proven otherwise? Why not assume the opposite, and let them prove they're not fleecing us? Are they so trustworthy and benevolent?
- petre 4y agoThen the company receiving public finds for R&D should grand licenses royality free for anyone in that country/union to manufacture the vaccine. You're a Chinese company that wants to produce vaccines? Estabilsh a factory in the country of origin, obtain a license from the original manufacturer and start producing.