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In terms of how much benefit a company provides, Moderna and Pfizer vaccines literally provided trillions of dollars of benefit as it saved a bunch of lives and

In terms of how much benefit a company provides, Moderna and Pfizer vaccines literally provided trillions of dollars of benefit as it saved a bunch of lives and enabled economies to restart. I want these types of companies to make obscene amounts of money. I want entrepreneurs and venture capitalists to fund these companies thinking they can make obscene amounts of money from them. I want bright young people to dream of developing the next vaccine and becoming a billionaire instead of dreaming of writing the next chat app and becoming a billionaire. Then when the next pandemic breaks out, we can do even more amazing things to save lives and bring it under control.

akomtu 4y ago
Wait, did pfizer really develop the vaccine? Iirc, it was BioNTech, and Pfizer is just the exculsive distributor in the US.
- solarkraft 4y ago
  It was BioNTech who developed it (as a German I'm annoyed to hear this name so little), but Pfizer has played a big role in getting it produced and distributed.
- tylerhou 4y ago
  There is a lot that goes into distribution. It’s not just scping your git repository to some machines on AWS. It’s developing the infrastructure, processes, tooling, etc. to create and package hundreds of millions of doses of a highly specialized and advanced drug with extraordinarily high reliability. If something does wrong, people will be harmed. It’s also about conducting clinical trials properly and working with regulators to get approval for your drug. Probably a lot more happening behind the scenes I haven’t mentioned. All of this effort takes hundreds of thousands of person-hours w/ highly specialized expertise. https://www.pfizer.com/news/press-release/press-release-detail/pfizer-and-biontech-announce-further-details-collaboration https://www.pfizer.com/news/press-release/press-release-deta... Disclaimer: I have a family member who works at Pfizer (but none of this info is from them).
junofan 4y ago
Don’t I pay for pandemic prevention with my taxes? Where’s that money going?
- i67vw3 4y ago
  [flagged]
- buck4roo 4y ago
  Being prepared, at the capitalist-society level, for a future possible pandemic wasn't profitable, so it wasn't done. It will continue to be like this until laws change.

akomtu 4y ago

Wait, did pfizer really develop the vaccine? Iirc, it was BioNTech, and Pfizer is just the exculsive distributor in the US.

solarkraft 4y ago
It was BioNTech who developed it (as a German I'm annoyed to hear this name so little), but Pfizer has played a big role in getting it produced and distributed.
tylerhou 4y ago
There is a lot that goes into distribution. It’s not just scping your git repository to some machines on AWS. It’s developing the infrastructure, processes, tooling, etc. to create and package hundreds of millions of doses of a highly specialized and advanced drug with extraordinarily high reliability. If something does wrong, people will be harmed. It’s also about conducting clinical trials properly and working with regulators to get approval for your drug. Probably a lot more happening behind the scenes I haven’t mentioned. All of this effort takes hundreds of thousands of person-hours w/ highly specialized expertise. https://www.pfizer.com/news/press-release/press-release-detail/pfizer-and-biontech-announce-further-details-collaboration https://www.pfizer.com/news/press-release/press-release-deta... Disclaimer: I have a family member who works at Pfizer (but none of this info is from them).

junofan 4y ago

Don’t I pay for pandemic prevention with my taxes? Where’s that money going?

i67vw3 4y ago
[flagged]
buck4roo 4y ago
Being prepared, at the capitalist-society level, for a future possible pandemic wasn't profitable, so it wasn't done. It will continue to be like this until laws change.