Follow the Money, Science be Damed

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  • ericc
    SBR Hall of Famer
    • 08-05-08
    • 8278

    #1
    Follow the Money, Science be Damed
    COVID-19 vaccine boosters could mean billions for drugmakers

    Billions more in profits are at stake for some vaccine makers as the U.S. moves toward dispensing COVID-19 booster shots to shore up Americans’ protection against the virus.


    Billions more in profits are at stake for some vaccine makers as the U.S. moves toward dispensing COVID-19 booster shots to shore up Americans’ protection against the virus.

    How much the manufacturers stand to gain depends on how big the rollout proves to be.

    Wall Street is taking notice. The average forecast among analysts for Moderna’s 2022 revenue has jumped 35% since President Joe Biden laid out his booster plan in mid-August.



    J&J and Europe’s AstraZeneca have said they don’t intend to profit from their COVID-19 vaccines during the pandemic.

    For Pfizer and Moderna, the boosters could be more profitable than the original doses because they won’t come with the research and development costs the companies incurred to get the vaccines on the market in the first place.
  • Sanity Check
    SBR Posting Legend
    • 03-30-13
    • 10962

    #2
    People should ask for guarantees, life will return to normal.

    If vaccination marks are met.

    ...

    Or expect life becoming much worse, than it is.

    As the hard truth could be, life will never return to normal.
    Comment
    • kphillies19
      SBR Rookie
      • 09-20-21
      • 2

      #3
      Always follow the money and believe in humanity. Everything moves in cycles.
      Comment
      • TheGoldenGoose
        SBR MVP
        • 11-27-12
        • 3745

        #4
        Although down from last month's High's you are still up Year to Date.

        MRNA up 272% YTD

        PFE up 19% YTD

        AZN up 16% YTD

        JNJ up 4% YTD

        Any idiot should be making money this year.
        Comment
        • Gaze73
          SBR MVP
          • 01-27-14
          • 3291

          #5
          J&J and Europe’s AstraZeneca have said they don’t intend to profit from their COVID-19 vaccines during the pandemic.
          What does that mean exactly? Will they be so cheap that they will have no profit margin on them? Somehow I doubt that.
          Comment
          • The Kraken
            BARRELED IN @ SBR!
            • 12-25-11
            • 28918

            #6
            Logical fallacy

            You cannot equate net profits to unethical business decisions

            Money drives many of the best treatments available

            TAVR valves, Impellas, ECMO, certain medications, etc....

            So if you wanna complain, pick your fight with capitalism, but you cant say bc a company stands to profit billions then the science is irrelevant
            Comment
            • StackinGreen
              SBR Posting Legend
              • 10-09-10
              • 12140

              #7
              The key is pointing out the incentives, one of which is money, yes.

              The funny thing is that this is the greatest example of a system that is entirely against real capitalism. It's cronyism, plain and simple.
              Comment
              • KVB
                SBR Aristocracy
                • 05-29-14
                • 74817

                #8
                Another low IQ thread that doesn't understand the nature of the relationship.

                Sad.

                Pretty easy to make a few of you believe anything with just a couple of key buzzwords that don't even equal logical talking points.

                That's not so sad, it's one of the reason us professional win at sportsbetting, our competition has a serious critical thinking deficiency.
                Comment
                • tommir99
                  SBR Wise Guy
                  • 04-17-13
                  • 914

                  #9
                  They're smart. Evil people, but also intelligent. They know how incredibly stupid most people are these days. Why not take advantage of it?

                  Even on SBR, there are some who can't wait to get their next booster shot. They'd even pay big bucks for it
                  Comment
                  • VeggieDog
                    SBR Hall of Famer
                    • 02-21-09
                    • 7214

                    #10
                    Now Sleepy46 is saying we have to be at 97% or 98% jabbed to get back to "normal". Riiiiiiight. Which is it, Sleepy, 97 or 98? What happened to the 70% they've been saying for months?
                    Comment
                    • StackinGreen
                      SBR Posting Legend
                      • 10-09-10
                      • 12140

                      #11
                      Originally posted by KVB
                      That's not so sad, it's one of the reason us professional win at sportsbetting, our competition has a serious critical thinking deficiency.
                      Emotion and fitting in drive a lot of foolishness. Propaganda takes advantage of this in the covid lies and in sports betting (lack of) critical thinking.
                      Comment
                      • MinnesotaFats
                        SBR Posting Legend
                        • 12-18-10
                        • 14758

                        #12
                        Once u take the jab you'll need these boosters for life I assume

                        No tests on that yet thou

                        Isreal on the 4th shot already...& record cases, despite 85% vax rate
                        Comment
                        • ericc
                          SBR Hall of Famer
                          • 08-05-08
                          • 8278

                          #13
                          Originally posted by The Kraken
                          Logical fallacy

                          You cannot equate net profits to unethical business decisions

                          Money drives many of the best treatments available

                          TAVR valves, Impellas, ECMO, certain medications, etc....

                          So if you wanna complain, pick your fight with capitalism, but you cant say bc a company stands to profit billions then the science is irrelevant

                          Makes perfect sense if the vaccines worked.

                          Comment
                          • ericc
                            SBR Hall of Famer
                            • 08-05-08
                            • 8278

                            #14
                            Oklahoma teacher hospitalized with Covid despite THREE Pfizer shots

                            As of Tuesday, Ted is now on his fourth day in the hospital, needing oxygen. His wife told KFOR Ted’s classroom is probably one of the safest, and he even asked the school board for approval to require students to wear masks.



                            According to his wife, Ted is doing better and should be released on Thursday after his 5th Remdesivir dose.

                            Fauci fast-tracked Remdesivir


                            Does Anthony Fauci Own ‘Half the Patent’ for Moderna’s COVID Vaccine?



                            In a recent debate with Alan Dershowitz, Robert Kennedy Jr. claimed that Dr. Anthony Fauci holds a patent for one of the drugs in vaccine trials for coronavirus. “The problem is Anthony Fauci put $500 million of our dollars into that vaccine [being produced by Moderna]. He owns half the patent,” said Kennedy. “He and these five guys who are working for him were entitled to collect royalties from that.”

                            Claims that Fauci had a financial stake in drug Remdesivir were debunked, as was a claim that Fauci and Bill Gates invested in an unnamed coronavirus vaccine.
                            A viral social media post falsely claims Dr. Anthony Fauci is "pushing" remdesivir as a potential COVID-19 treatment drug, because he "invented" it with Bill Gates and they stand to profit from it. Remdesivir was invented by the pharmaceutical company Gilead Sciences, which receives any profit from sales of the drug as a treatment for COVID-19.
                            Comment
                            • ericc
                              SBR Hall of Famer
                              • 08-05-08
                              • 8278

                              #15
                              Originally posted by StackinGreen
                              The key is pointing out the incentives, one of which is money, yes.

                              The funny thing is that this is the greatest example of a system that is entirely against real capitalism. It's cronyism, plain and simple.
                              The NIH mostly funds outside research, but it also often invents basic scientific technologies that are later licensed out and incorporated into drugs that are sold at massive profits. The agency rarely claims ownership stakes or pursues patent rights, but that appears to be different with this coronavirus vaccine.



                              "We do have some particular stake in the intellectual property" behind Moderna's coronavirus vaccine, said NIH Director Francis Collins

                              "Talking to the companies, I don't hear any of them say they think this [vaccine] is a money-maker," Collins said during his Economic Club interview. "I think they want to recoup their costs and maybe make a tiny percentage of increase of profit over that, like single digits percentage-wise, but that's it. Nobody sees this as a way to make billions of dollars."

                              Comment
                              • StackinGreen
                                SBR Posting Legend
                                • 10-09-10
                                • 12140

                                #16
                                Fauci is a known, proven liar. One can verify this by his internal emails and listening to his interviews over even decades. He lied about the research labs in Wuhan, masking mattering, and all things related to public policy that he has no business opining on. He is a traitor and should be swinging from the gallows.
                                Comment
                                • TATUMUS
                                  SBR MVP
                                  • 01-05-09
                                  • 1107

                                  #17
                                  And their risk....ZERO. If their vaccines do damage to you (or the ultimate damage....death), they can't be held responsible. Sounds fair..right? Who ever heard of such craziness?!!
                                  Comment
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