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   Robert Reich (rbreich@masto.ai)'s status on Sunday, 26-Mar-2023 22:12:38 JST Robert Reich

   Moderna is planning to charge $130 for its COVID vaccine, but the vaccine only costs ~$3 to make.

   Meanwhile, over the last two years, the company made over $19 billion in profits off the vaccine.

   Textbook corporate greed.

   • Embed this notice
     James Soandso (james_s@mastodon.social)'s status on Sunday, 26-Mar-2023 22:12:37 JST James Soandso

     in reply to

     @rbreich Don't forget it was developed with public funds to begin with

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     klausfiend (klausfiend@dcerberus.com)'s status on Sunday, 26-Mar-2023 22:13:19 JST klausfiend

     in reply to

     @rbreich The worst part is that this kind of rent-seeking fits seamlessly with "COVID was a manufactured crisis" narratives that dishonest people use to mislead the credulous, and Big Pharma is too arrogant to consider that in so doing, it's sowing the seeds of its own destruction.

     clacke likes this.