'Pharmaceutical companies have sold a false narrative to the public; that it was their investment which gave us mRNA vaccines and that they deserve the $75 billion profit made from Covid-19 vaccines.' —peoplesvaccine
"Pharmaceutical companies have sold a false narrative to the public; that it was their investment which gave us mRNA vaccines and that they deserve the $75 billion profit."Vaccine equity campaigners said Thursday that a new peer-reviewed study published in a major medical journal should put to rest the pharmaceutical industry's"false narrative" that its own investments were responsible for the rapid development of mRNA vaccines to fight the coronavirus pandemic.
"Pharmaceutical companies have sold a false narrative to the public; that it was their investment which gave us mRNA vaccines and that they deserve the $75 billion profit made from Covid-19 vaccines. As this research shows, that claim is a total myth," Mohga Kamal-Yanni, policy co-lead for the People's Vaccine Alliance, said in a"Without public investment, there would be no mRNA vaccines.
The new study, which tracks U.S. public investments in mRNA vaccine technology dating back decades, identifies 34 National Institutes of Health -funded research grants that were"directly related to mRNA Covid-19 vaccines."Pre-pandemic, the NIH invested $116 million in basic and translational science related to mRNA vaccine technology, and the Biomedical Advanced Research and Development Authority and the Department of Defense invested in vaccine development.
These public investments translated into millions of lives saved and were crucial in developing the mRNA vaccine technology that also has the potential to tackle future pandemics and to treat diseases beyond Covid-19. To maximize overall health impact, policymakers should ensure equitable global access to publicly funded health technologies.
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