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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: twmoore who wrote (7682)6/28/2021 2:51:02 PM
From: elmatador  Read Replies (1) of 13793
 
Operation Warp Speed has invested an estimated US$18 billion mostly in the late-stage clinical development and early manufacturing of COVID-19 vaccines and has agreements in place to buy 455 million doses.


Elmat: This is was Pay back time for the pharmaceutical industry

by comparison, the Coalition for Epidemic Preparedness Innovations (CEPI) invested $1·4 billion in support of the development of COVID-19 vaccines.

https://www.thelancet.com/journals/langlo/article/PIIS2214-109X(21)00140-6/fulltext


Operation Warp Speed was a federal effort that supported multiple COVID-19 vaccine candidates to speed up development.

Operation Warp Speed used BARDA as the financial interface between the U.S. federal government and the biomedical industry.
The program was initially being funded with $10 billion, with additional funds allocated through BARDA.
Funding was increased to about $18 billion by October 2020
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