this post was submitted on 21 Oct 2023
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[โ€“] [email protected] 0 points 1 year ago (1 children)

Pfizer spent $2 billion dollars in R&D just in 2021 on the drug. The US government & public agencies overall funded $35 million for help with clinical trials. I don't think it's intellectually honest to claim that the majority of R&D costs was directly paid by public grants and taxpayer funded research, which is money spent without the expectation of any produced product in hand.

The US government helped speed up the process, reducing R&D costs with the emergency use authorization, and had a contract of $5.3 billion to help buy tens of millions of doses for Americans. I suppose you could make the argument that some of that indirectly helped fund R&D, but then so does every other non-American customer when they pay for a product, which is how the system is supposed to work.

[โ€“] [email protected] 1 points 1 year ago

Where exactly are you getting those numbers? They seem rather suspect. The first example that I was able to find, for example, put US government investment at $30 Billion on vaccines alone (https://www.kff.org/coronavirus-covid-19/issue-brief/how-much-could-covid-19-vaccines-cost-the-u-s-after-commercialization/#:~:text=The%20federal%20government%20has%20spent,charge%20to%20the%20U.S.%20population.)