RFK Jr cancels $500 million for vaccine development

[Sandy Loam 261]

5 hours ago, TBayXXXVII said:

https://www.somo.nl/big-pharma-raked-in-usd-90-billion-in-profits-with-covid-19-vaccines/

They don't need a half billion from the government.

Spoken from a throne of ignorance.

Quote

Drug companies need funding for research because the process of developing a new drug is extremely expensive and time-consuming, involving extensive clinical trials that can cost billions of dollars. This process is characterized by a high failure rate, with most drug projects not succeeding. The funding is necessary to cover these high costs and the substantial investments required to develop potentially life-saving therapies and recoup the costs of failed drug development from successful products. 

Reasons for High Drug Research Costs:

 

• Clinical Trials:The largest portion of drug development costs goes towards clinical trials. 
• Long Development Time:It takes an average of 10 to 20 years to bring a new drug to market. 
• High Failure Rate:Approximately 90% of drug projects fail. 
• Regulatory Hurdles:The highly regulated nature of the drug market and the evolving regulatory pathways present significant challenges. 

The Role of Funding in Drug Development:

 

• Advancing New Candidates:Funding allows companies to advance promising drug candidates from basic research into more costly clinical testing. 
• Recouping Costs:Companies need to generate revenue from successful drugs to offset the substantial costs of failed projects. 
• Infrastructure and Expertise:Pharmaceutical companies provide the integrated infrastructure and diverse expertise (e.g., statistics, clinical trial management) needed for development, which academic centers may lack. 

Factors Influencing R&D Spending:

 

• Anticipated Revenue:Companies' decisions to spend on research are driven by the expected global revenues and sales volume from a new drug. 
• Policy and Market Demand:Drug development spending also depends on government policies that influence demand for prescription drugs. 
• Profitability:Companies need to achieve high profit margins on successful products to ensure a reasonable return on their overall investments. 

Oh, and here is some funding information for Trump's Operation Warp Speed. You support Trump, right?

Quote

Operation Warp Speed used BARDA as the financial interface between the U.S. federal government and the biomedical industry. The program was initially being funded with $10 billion, with additional funds allocated through BARDA. Funding was increased to about $18 billion by October 2020.

Personally, I have no plans to take a bunch of vaccines I see advertised on television, such as for shingles.

I got the first two jabs and the booster, and since then have had the two mildest COVID cases I've ever heard of, and I attribute their lack of severity to the jabs.

 

[Hardcore troubadour 15,623]

14 minutes ago, Sandy Loam said:

Spoken from a thrown of ignorance.

Oh, and here is some funding information for Trump's Operation Warp Speed. You support Trump, right?

Personally, I have no plans to take a bunch of vaccines I see advertised on television, such as for shingles.

I got the first two jabs and the booster, and since then have had the two mildest COVID cases I've ever heard of, and I attribute their lack of severity to the jabs.

 

Thrown.  lol. What a stupid. 

[Horseman 2,621]

I never got covid at all, havent been sick at all for decades, I attribute it to superior genes.  

[Ron_Artest 1,769]

Just now, Horseman said:

I never got covid at all, havent been sick at all for decades, I attribute it to superior genes.  

Wealthy, hotwife, retired, genius, full ride, graduated laude, never been sick in decades, man you sure do have it all!

Horseman tears cure cancer.  Too bad he never cries.

[Horseman 2,621]

2 minutes ago, Ron_Artest said:

Wealthy, hotwife, retired, genius, full ride, graduated laude, never been sick in decades, man you sure do have it all!

Horseman tears cure cancer.  Too bad he never cries.

No cancer cures. I just don't get sick.  

And it was full tuition, not full ride. Laude is easy if you're not an idiot, it's only 3.5 for fok sake.

[BrahmaBulls 813]

1 hour ago, Ron_Artest said:

So you don't like vaccines now?

Clown post

[TBayXXXVII 2,597]

1 hour ago, Sandy Loam said:

Spoken from a thrown of ignorance.

Oh, and here is some funding information for Trump's Operation Warp Speed. You support Trump, right?

Personally, I have no plans to take a bunch of vaccines I see advertised on television, such as for shingles.

I got the first two jabs and the booster, and since then have had the two mildest COVID cases I've ever heard of, and I attribute their lack of severity to the jabs.

 

Thanks for providing more to my point.  They need "BILLIONS" (with a "B" in front and an "S" at the end).  Clearly they're getting it and don't need a mere $500M of taxpayer money.

Odd you call me ignorant, yet your info proves my point. 

[Maximum Overkill 2,181]

WE'RE ALL GOING TO DIE!! 

[Sandy Loam 261]

3 hours ago, TBayXXXVII said:

Thanks for providing more to my point.  They need "BILLIONS" (with a "B" in front and an "S" at the end).  Clearly they're getting it and don't need a mere $500M of taxpayer money.

Odd you call me ignorant, yet your info proves my point. 

Nah. You're ignorant.