wgdsr wrote: ↑Tue Jul 14, 2020 8:46 pmmoderna (or any co.) should have the opportunity to make 10% net, no accounting tricks or paybacks on technology pre-covid. variable cost. i'd be ok with not having to pay the guberment for initial investment for all dollars that went to specific development. have them agree to independent audit.a fan wrote: ↑Tue Jul 14, 2020 7:45 pmWe, the taxpayers, own the National Institute of Health.Peter Brown wrote: ↑Tue Jul 14, 2020 7:41 pm Prepare to be immunized!
https://finance.yahoo.com/news/first-co ... 21758.html
Hope you boys own some Moderna.
Moderna, which has foreign owners, is about to charge Americans twice of this vaccine if it works. Once in R&D, and then again if we buy the vaccine.
How did we get to be this stupid?
big gov goes 50/50 with those covered by insurance, no deductibles.
i'm not ready for the u.s. to start nationalizing our businesses through equity as a common practice whenever we get into trouble. though it's already happening way too frequently in taking stakes and causing whatever moral hazards.
Moderna - tRUMP's pals make big profit from government contract:
The former pharmaceutical executive tapped by President Trump to lead the federal effort to develop a coronavirus vaccine owns stock options worth more than $10 million in a company receiving funding from that same program, Stat News reports. Until his appointment, Dr. Moncef Slaoui was on the board of the company, Moderna, one of the leading companies in the race for a vaccine and the first to enter a vaccine into clinical trials.
Slaoui’s ownership of 156,000 Moderna stock options, disclosed in required federal financial filings, sparked concerns about a conflict of interest. Democratic Massachusetts Senator Elizabeth Warren called Slaoui out over the matter on Twitter: “It is a huge conflict of interest for the White House’s new vaccine czar to own $10 million of stock in a company receiving government funding to develop a COVID-19 vaccine. Dr. Slaoui should divest immediately.”
The company's shares skyrocketed last month after news broke of the $483 million in federal funding to work on a coronavirus vaccine.
https://www.thedailybeast.com/trumps-va ... id-19-work
Trump’s Vaccine Czar Holds Millions in Stock Options at Company That Got Federal Funding for COVID-19 Work
Dr. Moncef Slaoui reportedly owns 156,000 stock options in Moderna, the first company to enter a coronavirus vaccine into clinical trials.