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Hobbs
CNBC Television
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Comments by "Hobbs" (@hobbso8508) on "How the world rapidly developed a Covid-19 vaccine" video.
@JoeMama-xx6cz Some was, some wasn't. Pfizer for instance accepted no grant funds for their research, and investment in all of the available shots was far more than just the government investment.
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@ricksanchez9798 Which they only get after delivery. So they massively frontloaded their product and funded it themselves, then sold it so well they had preorders. Sounds like a normal business rather than us paying for them to develop it.
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@ricksanchez9798 It's only guaranteed if it works.
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@ricksanchez9798 Again, Pfizer was paid on delivery. It was not subsidised. They made a product and the US bought it.
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@ricksanchez9798 You think the government buying a product that has already been produced means that product's development was subsidised? Are you serious right now?
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@ricksanchez9798 "what usually happens when a business sells a lot of product all at once? they get bigger and make more product" And? They can only sell on delivery, and they can only deliver if it works. Your original argument was that the government is buying the product regardless, which is just not true if the product didn't work. "think about it, if someone paid you just for your idea, wouldn't you use that to make that idea??? Problem is, now the "investor" owns that idea" That's not how that works at all. The jabs are original and created by the pharma companies themselves. Buying a finished product from someone isn't the same as investing at the ground level. Pfizer took zero Operation Warp Speed investment. Your analogy falls through because it just isn't true. Never mind the other issues surrounding it.
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Ao Bo "plot twist. The us taxpayers where funding by research" Pfizer didn't accept taxpayer dollars.
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Ao Bo 1 reply down and you've stopped even trying to make sense. God you're easy.
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Ao Bo Well I can't argue with that, although the first comment has a point. The Pfizer/BioNTech vaccine was developed on paper in Jan 2020. BioNTech managed to design it in a day, and worked with Pfizer to get it developed and tested long before any promise of funding or sales. Sure, they knew it could sell well if made, but saying that "the world" did something that is really the achievement of the founders of a relatively small-fry immunotherapy company is really insulting.
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