Seems like “this will kill people” is premised on the assumption that the next time something like COVID happens, drug companies will remember what happened last so will be less incentivized to invest.
We don’t want drug companies to wait for a pandemic to hit to invest into drugs that would be useful for the pandemic.
Before the pandemic we had drug companies not investing much into research that would be very helpful when a Coronovirus pandemic hit. The kind of research that CEPI financed largely wasn’t of interest to big pharma. It would be great if that would change so that in case a future pandemic hits we are better prepared.
Making it lucrative to have vaccine in this pandemic would be a justification for big pharma to invest into research that helps in the next pandemic. It’s very important for Big Pharma to justify research expenses to their shareholders.
The reaction of the financial markets does show that the event matters to shareholders and that’s what drives decisions in Big Pharma.
We don’t want drug companies to wait for a pandemic to hit to invest into drugs that would be useful for the pandemic.
Before the pandemic we had drug companies not investing much into research that would be very helpful when a Coronovirus pandemic hit. The kind of research that CEPI financed largely wasn’t of interest to big pharma. It would be great if that would change so that in case a future pandemic hits we are better prepared.
Making it lucrative to have vaccine in this pandemic would be a justification for big pharma to invest into research that helps in the next pandemic. It’s very important for Big Pharma to justify research expenses to their shareholders.
The reaction of the financial markets does show that the event matters to shareholders and that’s what drives decisions in Big Pharma.