At this point, we are all out of the shock of a pandemic and we are starting to live with it and find solutions to our health problem so we don't become victims who looses their lives to the pandemic. The pandemic ravaged the entire world and I will say with no doubt that it isn't going to be an easy to forget event at all. The pandemic created an economic standstill, great job loss and serious financial wreck for a lot of people. Just as the world is suffering over this pandemic, the world as a whole and so many pharmaceutical companies are trying to get a vaccine. Although, the vaccine will bring a stop to the Covid-19 pandemic and will bring normality to a reasonable extent but we need to know that it will cost money and at the same time it will rake in money for a few people.
Let's take a look at previous vaccines. The Flu vaccine cost $67/dose and the Polio vaccine cost between $1-$2 per dose source but the Covid-19 vaccine will be within the range of $30 -$40 per dosesource. I have heard a lot of companies saying they will not be charging any penny as profit for the vaccine to 2nd and 3rd world countries and even though big media houses like the CNN and the BCC are watching closely, one thing that they won't want is a government looking good over their greed.
The truth remains that i can't really trust that this companies will not still make profit from it as not all of them have promised not to sell the vaccine for profit. A lot of billionaires have pledged to make the vaccine cheaper in third world countries so we have to look at 1st world countries and 2nd world countries.
In the production of any vaccine, the mot expensive thing is the research. Vaccines are very cheap and so when pharma sells vaccine at any price, they are said to be making excessive money from them. So if Pharmaceutical companies decide to take into profit for this vaccine, they will be making a lot of profit in Billions but will they make profit over Covid-19 vaccine?
Hello @elity-sitio
I see it very difficult that these companies are not going to profit from these vaccines. When we know that pharmaceutical companies are the most profitable companies....
But, in the end I think everything will be hidden, there will be many rumors, yes, but the truth will never be known exactly.
They profit @josevas217 for sure...
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I think... the countries like US have brought the vaccine and paid these guys, so they just need to produce without worry for money...ofcourse they will be making profits.
Just see the stock prices of these vaccine - Moderna stock price has esculated and these companies are making profits some way for sure...
that's the world...sickness also is business oppurtunity for these companies and they are not ethical, most of them tested their vaccines on poor, uneducated people without following proper protocals, NO can't trust them for sure!!!