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BumRushDaShow

(167,819 posts)

53. Actually in this case

Tue Jan 10, 2023, 02:53 PM

Jan 2023

due to the product being an injectable biologic, it does have a higher cost for quality control due to a requirement for an aseptic environment, consistent concentration of active ingredient per vial, and the ultra-low freezer storage requirements for holding long term.

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'The Sheer Greed Is Obscene': Moderna Plans 4,000% Markup for Covid Vaccine [View all] douglas9 Jan 2023 OP

Often what's cited as "manufacturing cost" by critics doesn't include any portion of R&D Goodheart Jan 2023 #1

Ummmm. Was paid for by taxpayers. we can do it Jan 2023 #2

I'd like to know more about the specifics of this than a line from Common Dreams. BlueCheeseAgain Jan 2023 #26

From Axios PatSeg Jan 2023 #37

Thank you! BlueCheeseAgain Jan 2023 #41

Moderna and U.S. at Odds Over Vaccine Patent Rights womanofthehills Jan 2023 #42

Which probably no longer pays for it, and so the markup, probably to help keep its foreign markets. ancianita Jan 2023 #40

Research and Development of vaccine done before making it available. we can do it Jan 2023 #43

The R&D done was done at university labs first. ancianita Jan 2023 #47

Paid for by taxpayers Moderna admits. we can do it Jan 2023 #48

Paid for by public funding before Moderna, in the Berkeley Labs in CA. ancianita Jan 2023 #50

And corporations never account for how much we spend to carry them. Hermit-The-Prog Jan 2023 #4

They didn't pay for R&D. We did that. Autumn Jan 2023 #5

Actually, Berkeley and Harvard paid the R&D, at least for developing the mRNA chemistry part. ancianita Jan 2023 #44

The money came from the government. nt Autumn Jan 2023 #46

Not from the beginning. mRNA research went on in labs for 30 years before DARPA funded it. ancianita Jan 2023 #49

The money for the covid vaccine came from the government. Autumn Jan 2023 #52

The pro Big Pharma replies on this thread are symbolic of why the US will likely not remove Celerity Jan 2023 #64

We seem to have some Big Pharma reps running around Autumn Jan 2023 #66

Nope -- "Moderna admitted that 100% of the funding for its vaccine development program came from the obamanut2012 Jan 2023 #6

Right. This here. AllyCat Jan 2023 #54

Obscene is putting it mildly. Vulture Capitalism is devouring America. Magoo48 Jan 2023 #17

+1 appalachiablue Jan 2023 #20

"100% of the funding for its vaccine development program came from the federal government" dalton99a Jan 2023 #3

What does that mean? BlueCheeseAgain Jan 2023 #25

The NIH claims joint ownership of Moderna's coronavirus vaccine womanofthehills Jan 2023 #34

"What does that mean?" BumRushDaShow Jan 2023 #45

Must be nice. Free Fed money and no rules! n/t leftstreet Jan 2023 #7

There is also a cost for distribution, storage, administration, quality control, records keeping, .. Freethinker65 Jan 2023 #8

So inthewind21 Jan 2023 #9

Don't know. Only China and India are larger then we are. jimfields33 Jan 2023 #11

Whatever those costs, they weren't losing money at the cuirrent price levels. Tom Rinaldo Jan 2023 #12

The headline is deliberately misleading. BlueCheeseAgain Jan 2023 #28

OK then, let's do the math. Even assuming they were just breaking even at the current price... Tom Rinaldo Jan 2023 #51

Good Rx shingles vaccine price $180 to $205. Insurance covers it. Freethinker65 Jan 2023 #13

I'm not reading any assertions to deny profit. Torchlight Jan 2023 #14

Would love to know what the US government (us taxpayers) paid per administered/distributed dose. Freethinker65 Jan 2023 #15

If you find out, please let us know. Torchlight Jan 2023 #16

The article says $26. BlueCheeseAgain Jan 2023 #29

It should be provided at cost fescuerescue Jan 2023 #39

Lol Freethinker65 Jan 2023 #59

SG&A Can Be Expensive... ProfessorGAC Jan 2023 #63

I agree-- it is obscene Hekate Jan 2023 #10

Pricing consistent with value? Does that mean what is it worth to you to stay alive Walleye Jan 2023 #18

Exactly. And this is the problem with for profit healthcare in a nutshell. SunSeeker Jan 2023 #27

U.S. citizens pay for R&D, and development Bayard Jan 2023 #19

I hope Dolly Parton participates in shaming them. Ilsa Jan 2023 #21

Yes there were many private donors but Dolly Parton was all in for lots of cash FakeNoose Jan 2023 #30

Pharma-bro Bull... Blues Heron Jan 2023 #22

That is the... 2naSalit Jan 2023 #35

No doubt the GOP house will get right on that . . . Johonny Jan 2023 #23

The cost of manufacturing is always very little. BlueCheeseAgain Jan 2023 #24

Actually in this case BumRushDaShow Jan 2023 #53

No words judesedit Jan 2023 #31

Dolly Parton donated $1M to develop the Moderna vaccine. OMGWTF Jan 2023 #32

+1 dalton99a Jan 2023 #65

Sue them housecat Jan 2023 #33

Perhaps... 2naSalit Jan 2023 #36

Given how critical it was in saving humanity fescuerescue Jan 2023 #38

That's the problem, no one denies a kacekwl Jan 2023 #55

This tactic may make it too expensive for many trump voters. Turbineguy Jan 2023 #56

Good thing they own enough elected government officials. onecaliberal Jan 2023 #57

But here's the thing, they are not the only game in town. tavernier Jan 2023 #58

+100. Exactly. Moderna needs to start making a profit. Freethinker65 Jan 2023 #60

lol inthewind21 Jan 2023 #61

you know it, inthewind21 Skittles Jan 2023 #62