Big pharma is taking big money from U.S. tax payers to find a coronavirus vaccine — and charge whatever they want for it

Market Watch

24 June 2020 - Congress must act now to ensure that COVID-19 vaccines and treatments are affordable.

Since the start of the race for a COVID-19 vaccine, the U.S. government has funnelled more than $10 billion in taxpayer dollars to pharmaceutical companies through contracts for the expedited innovation of a vaccine. 

So far, the government’s investment has been made with no strings attached, not even a guarantee that any vaccines and treatments will be affordable to the people who need them.

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Michael Wonder

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Michael Wonder