Posted by Michael Wonder on 10 Jun 2020
Price limits will scare off COVID-19 vaccine makers, Fauci warns
10 June 2020 - More than one vaccine will be needed, Fauci says.
The Federal Government shouldn’t force drug companies to lower the costs of COVID-19 vaccines and treatments but should encourage fair pricing, Anthony S. Fauci said Tuesday.
“I have a lot of experience over the years dealing with pharmaceutical companies in which we’re trying to develop an intervention,” Fauci, director of the National Institute of Allergy and Infectious Diseases in the National Institutes of Health, said. “And the one thing that is clear is that if you try to enforce things on a company that has multiple, different opportunities to do different things, they will walk away.” Fauci spoke at BIO Digital, the first virtual convention by the Biotechnology Innovation Organization.
