Quote:
Originally Posted by tk13
This is another failure of logic. I'm sure pharmaceutical groups are out to make money and see people as consumers, that's probably 100% true. We have decades of evidence of that. But there's a lot of money to be made with these vaccines. I don't get that argument. If one of them messes this vaccine up their reputation is probably ruined forever. If they succeed they're going to make BILLIONS of dollars. They have every financial incentive to succeed here and make sure their product works. Does that mean it will? I guess time will tell. I'm not saying yes or no. But the general argument (that they're only out to make money) is in direct conflict with the idea that there's something nefarious going on here. The correct business play is to make the best vaccine and you're gonna get rich. I mean really rich.
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I think the truth lies somewhere in between.
It's all about risk vs. reward.
It would be foolish, as you say, for them to take too many chances because failure would mean ruin and the loss of billions in potential profits.
However, profit is also directly related to cost. They're not going to take every step necessary to ensure success. They're going to take only the steps necessary to give them the best chance of success, at the lowest cost possible.
That's just corporate business 101.