Thread by @elleprovocateur

Mar 9 2021: "#COVID19 has turbocharged normal market forces" w/ #mRNA as "shiny new object" in world of #vaccines & #biotech. With "unprecedented public funding", biotech stocks soar in tandem w/ corporate profits w/ citizens as experimental subjects.

ft.com/video/e6f487f4…

"They (corporations) will only invest once the #market & the chances of success are well known. This doesn't mean there's zero risk. But largely, what we see is that the #PublicSector takes on most of that. But indeed, this is what allows the business of #vaccines to operate."

#PPP: Public💰$ foots bill, owns risk.
Private💰claims ownership/profits.

"#PublicSector, govts collectively, [] de-risked & subsidised the R&D process every step of the way from [] earliest stages of R&D, oftentimes to the scale up of manufacturing &, of course, purchasing."

"If you've invested maybe a few hundred million dollars the R&D 10, 15, 20 years ago, & you have a captive #market, then you're going to make a pretty good profit. A very, very healthy profit. Some would even say an excessive profit." #Vaccines #SDGs

"In the past decade, an increase in #vaccines for adults & those taken annually, like the #flu #vaccine, have helped make the market more profitable..."

"But #COVID19 is widely expected to become andemic. Analysts predict the #annual #VaccineMarket for the virus could reach $10 billion a year, or more as producers tailor vaccines for new strains."

#NewNormal #Biotech #EmergingMarkets

"If the vaccines aren't very successful but they do provide a very meaningful contribution to the fight against #COVID, then we're likely to move to something like a #flu #model where we sell more #vaccines for the flu than we do for every other vaccinated illness in the world."

Mar 6, 2019: "Aligning for Impact: The Transformation of the #WHO"

>"One of the biggest issues facing global health today is the planning for the eventual wind-down of the billion-dollar-a-year Global #Polio Eradication Initiative after the certification of eradication."<

"The outbreak of #COVID19... A new #vaccine market was about to emerge where demand was unlimited,"

"The US government's COVID-19 #investment programme has surpassed $10 billion, most of which has been spent on #vaccines."

👉"The pandemic was an opportunity to prove that #mRNA could work. The synthetic mRNA delivers instructions to cells in the body... The success of #Pfizer, #BioNTech, & #Moderna's mRNA vaccines mean the technology could be applied to a wide range of other vaccines & drugs."

"The speed at which mRNA #vaccines can be tweaked to respond to new variants & then mass produced could also make vaccines more #profitable."

BILL #GATES:" The #mRNA platform, we're going to push that to the limit. And we should get a lot more vaccines."

"I think platform technologies for the future of vaccine devt & mRNA is one of them. We haven't really seen #mRNA #vaccines widely used at all before 2020. & in the last yr, they've gone from being something of a niche research area into having massive impact."

#GlobalExperiment

"I believe we will end up w/ #Moderna having the vaccine that will have a comb. of a seasonal boost for #flu & the new variant for #SARSCoV2. And it's going to be 1 shot. So how is that going to compete w/ a vaccine that's only the seasonal flu?"

As they test #mRNA on infants & #children:

#GATES: "I do think for the next pandemic, we will be able to solve the problems of the #mRNA platform... we'll fix the #ThermalStability, we'll fix the scalability, & we'll fix the cost. We kind of caught mRNA halfway to prime time."

As they test #mRNA on infants & #children:

#GATES: "I do think for the next pandemic, we will be able to solve the problems of the #mRNA platform... we'll fix the #ThermalStability, we'll fix the scalability, & we'll fix the cost. We kind of caught mRNA halfway to prime time."