What system do you want for deciding prices? Not a market?
this post was submitted on 24 Oct 2022
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shhh. kids here don't know about context.
most of the world have laws against that, in the usa, they should bump prices to the moon, i agree. not doing so would be foolish and disrespectful to usa religious believe in profit ๐ we must be inclusive and empathetic.
BioNTech wins $445 mln German grant for COVID-19 vaccine
Exactly what I thought when I heard about the planned price hike. The results of those public funds should be available to, you know, the public...
So you think the government should set the prices of medication?
No, I just think they shouldn't do the kind of patent hogging that we observe now and make instructions to produce the vaccine freely available. Like that we can have healthy competition on who is able to produce the vaccine most efficiently. I am pretty sure this would drive pricing down a lot.
It would, but it would also slow their investment into new treatments, if everybody can just copy it.
Bloomberg: doubts about 1.2 billion euros transferred to avoid taxes