Rep. Katie Porter (D-Calif. ) had some select words about pharmaceutical corporations when it comes to opting for covid-19 vaccines. value of the Covid-19 mRNA vaccine at $110 to $130 according to the dosage, which I covered for Forbes. She called it “increasing the value of public health,” which probably didn’t refer to anyone’s muscles. Say something like, “Don’t worry, the flexible market will determine values,” he went on to explain, “just two brands of vaccines account for 97 percent of the market. They may not compete because they don’t have to. Yes, according to maybe two are bigger than one, according to this 2009 song through Boys Like Girls. But two in fact is not much competition.
Porter shared a video clip of his speech in the following tweet:
As you can see, the clip began with a grand opening: “I stand up today in strong opposition to the fraudulent taxpayers of Big Pharma. “Later in the clip, Porter noted, “Contributors have contributed to each and every facet of those vaccines, from the underlying science to clinical trials to acquiring deals, yet only brands will benefit. “He then discussed that it is being executed in the law to “prevent” anti-competitive costs and limited markets such as vaccines. And this is especially vital for the products our taxes have. paid. The clip ended by saying, “We cannot keep asking taxpayers to help cover the threat while allowing Pharma to agree to reap the profits. “
Is the 97% figure discussed through Porter accurate?If you check the Centers for Disease Control and Prevention’s (CDC) “COVID-19 Vaccines in the United States” webpage, look for a breakdown of COVID-19 vaccines administered to date through the manufacturer. As of January 31, the original Pfizer-BioNTech Covid-19 vaccine included 55. 3% of all Covid-19 vaccine doses administered in the United States, the updated Pfizer-BioNTech booster 4. 6%, the original Moderna Covid-19 vaccine 34. 7%, and the up-to-date Moderna booster 2. 6%. This means that, combined, the Pfizer-BioNTech and Moderna Covid-19 vaccines accounted for approximately 97. 2% of all Covid-19 vaccines that took position in that country. So, yes, 97% check the number if you’re tracking CDC data.
As evidenced by the remaining 2. 8%, the Pfizer-BioNTech and Moderna Covid-19 mRNA vaccines are not the only Covid-19 vaccines to be on the US market lately. You may have heard of Janssen’s (Johnson) vaccines.
This has not been the case. By early 2020, a diversity of other teams and study brands were running on Covid-19 vaccine applicants. As the alpha variant of severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) spread, it was not entirely transparent which of those Covid-19. 19 vaccine applicants would become the alphas of the group. At that time, it’s possible that the U. S. government would be able to do so. The U. S. government has simply stipulated that anyone receiving an investment from taxpayers would have to pay back that money at some point or continue to supply the vaccines at a predefined affordable value. during an era of predefined time. After all, that’s what banks and investors do, right?A bank doesn’t just say “Welcome. ” Have cash.
At the time, there was enough of a festival for the U. S. government to take advantage of the festival. The U. S. government will negotiate such terms. It’s not like a lot of biotech or pharmaceutical corporations have said, “Oh, I don’t know. Billions of dollars. It looks like an uncooked deal. It is vital for the government to establish the prerequisites before the U. S. UU. se become too dependent on one or two manufacturers. That would have been the art of the deal, so to speak.
Thus, the existing scenario is possibly due in large part to what Trump’s management negotiated or did not negotiate in 2020 with vaccine developers and manufacturers. That left Biden’s management in early 2021 pretty bogged down with everything Trump’s management had done last year. for better or worse. It was a bit like getting a tuxedo or an espresso dressed a few hours before the dance with nothing else to wear.
However, then. It’s been two years since President Joe Biden took office in January 2021. So, for two years, what has been done to inspire more festivals in the covid-19 vaccine box?Have political leaders provided opportunities equivalent to other COVID-19 vaccines?through corporations whose names don’t rhyme with “incisive” or “tavern”?Well, while covering Forbes in October 2022, some wondered why the Novavax vaccine hadn’t attracted more attention, especially since it uses the generation of recombinant proteins that has already been used for other vaccines like the hepatitis B vaccine.
Also, what about the mechanisms to inspire the progression of new covid-19 vaccines?We don’t settle for existing covid-19 vaccines and assume they are the most productive in the long run. It would have been like calling him on the phone when rotating phones were available. Or saying in 2000, “It doesn’t get any better than Palm Pilot and Friendster. “While existing vaccines offer decent coverage against covid-19, they have their limitations.
Innovation and fairer costs tend to occur when there is competition, not when there are monopolies. Monopolies can allow monopolists to rest on their laurels. And resting on your laurels in general is not a smart thing to do. Laurels can be a bit thorny, and the lack of effort to get ahead is not smart for society. Moreover, if our country does not adapt and progress, SARS-CoV-2 will.
UPDATE (2023-01-31): Added CDC’s most recent breakdown of Covid-19 vaccines through manufacturer.
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