A word about pricing of Covid-19 vaccines
Even before a Covid-19 vaccine has proven to be safe and effective, the debate over how should a vaccine should be priced is roaring.
Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, does not, at last check, regulate drug prices. But he said he does know that it's dicey for the government to try to force the industry's hand.
“I have a lot of experience over the years dealing with pharmaceutical companies in which we’re trying to develop an intervention,” Fauci said during a session yesterday at BIO. “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.”
More on the session from Bloomberg Law here.
Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, does not, at last check, regulate drug prices. But he said he does know that it's dicey for the government to try to force the industry's hand.
“I have a lot of experience over the years dealing with pharmaceutical companies in which we’re trying to develop an intervention,” Fauci said during a session yesterday at BIO. “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.”
More on the session from Bloomberg Law here.
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