I'm hardly a Dave Sharma fan but the broekns claiming him buying shares in CSL is proof of some nefarious conspiracy is wildly stupid. If you check your super you'll find you also almost certainly own shares in CSL. They're a blue chip stock that is reliable.
He's also a backbencher and would have had precisely zero ability to influence the decision. CSL aren't set up to manufacture mRNA vaccines. They did start up work on licensing and manufacturing both the UQ and AZ vaccines.
Sadly the UQ one hasn't worked out so far. In addition, if you think vaccine manufacturing is some huge profit maker you're completely ignorant of pharma financials.
Vaccines are hella expensive to develop and don't make much money because you only need to take it the once. The boner pills, and the others you need to keep taking, that's where the money is.
If anything, pharma financials are a reason *why* vaccine development is so slow. There's fuck all profit to be made from them. That's why govts had to put so much money into covid vaccines to incentivise the development.
So if the 💧 twitter folks could knock off the conspiracy theories about CSL/AZ that would be absolutely fucking fantastic. Spreading lies about a vaccine during a pandemic is extremely bad.
If anything, we're extremely fucking lucky to have a company like CSL who was able and willing to license the AZ vaccine and spin up manufacturing of it. Deranged conspiracy nonsense about this is just Pete Evans/Craig Kelly level nonsense.
If you also include the money CSL would have spent on the UQ vaccine before it had to go back to the drawing board I suspect they'll have probably lost money overall on their covid vaccine work.
If I had any issue with CSL it's that Keating was extremely fucking stupid to sell them off in 1994. But Keating did love to sell off stuff.
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