Moderna Rakes in A Billion for a Vaccine While Dr. Fauci Says the First CoVaxes Will Only Prevent Symptoms
McDonald's burgers, Carl Sagan's stars and now Moderna's attempt at a Covid vaccine. BILLIONS AND BILLIONS.
1) Why does this CNBC article, albeit a written for business perspective, call the Moderna vaccine a "drug?"
2) If the raison d'etre for vaccines is to PREVENT disease, why did Dr. Fauci say Preventing symptoms is a “primary endpoint” in the vaccine development process, Fauci said. Getting rid of the virus altogether is considered a “secondary endpoint.” Source WebMd Early Vaccines Will Prevent Symptoms, Not Virus
Have you ever seen a flu vaccine campaign that talked about symptoms? No, they talk about prevention, because THAT is what we have been lead to believe vaccines are supposed to do. Prevent the disease. Tamiflu, a debacle of its own, is to ameliorate symptoms. It's a drug. And if the Covid vaccine prevent symptoms, won't people go about their business and infect those around them at a much higher rate if they are symptom free? Symptoms = early detection.
What is a vaccine: A vaccine is a substance that helps protect against certain diseases. Vaccines contain a dead or weakened version of a microbe. It helps your immune system recognize and destroy the living microbe during a future infection.
Vaccines versus Medicines: Vaccines contain the same germs that cause disease. (For example, measles vaccine contains measles virus, and Hib vaccine contains Hib bacteria.) But they have been either killed or weakened to the point that they don’t make you sick. Some vaccines contain only a part of the disease germ.
A vaccine stimulates your immune system to produce antibodies, exactly like it would if you were exposed to the disease. After getting vaccinated, you develop immunity to that disease, without having to get the disease first.
This is what makes vaccines such powerful medicine. Unlike most medicines, which treat or cure diseases, vaccines prevent them. Source: CDC
Moderna says it’s preparing global launch of Covid vaccine as it takes in $1.1 billion in depositsModerna says it’s preparing global launch of Covid vaccine as it takes in $1.1 billion in deposits
Moderna is prepping for the global launch of its potential coronavirus vaccine, already taking in $1.1 billion in deposits from governments awaiting the potentially lifesaving drug, the biotech firm said Thursday in its third-quarter earnings report.
The Cambridge, Massachusetts-based company said it was in ongoing talks with the World Health Organization-backed COVAX initiative on a tiered pricing proposal for its potential vaccine, which it’s tentatively calling mRNA-1273. It already has supply agreements in North America, the Middle East and in other regions of the world.
Shares of Moderna were up more than 3% in midmorning trading.