Shares of Moderna, Novavax, Pfizer, BioNTech and GSK closed lower on Thursday.
  • Texas_Hangover@sh.itjust.works
    431·
    7 days ago

    Am I the only one who thinks companies providing healthcare and life saving medicines shouldn’t be fucking publicly traded?? They need to focus on helping humanity, not the fucking bottom line go up or whatever.

  • dhork@lemmy.worldEnglish
    201·
    7 days ago

    These companies are huge, and know how to lobby the government. It seems to be the wrong industry to piss off.

    • DirkMcCallahan@lemmy.world
      171·
      7 days ago

      I never thought I’d side with big corporations…but for the next 4 years, some of them may well be the lesser evil.

      gag

      • SacredHeartAttack@lemmy.worldEnglish
        7·
        6 days ago

        Pharmaceuticals are an important component of modern life. We really need them now more than ever. They are a good thing.

        Their capitalist greed and the big money that runs them is also doing all it can to suck every last cent out of the public.

        Unfortunately both things can be true.

    • CaptainPedantic@lemmy.world
      12·
      7 days ago

      That’s one thing I’m putting some hope in. Tariffs and stupid shit like Worm Boy running our national health infrastructure into the ground benefit no one. Not big companies, not us little guys. I’d hope these big companies will lobby hard to mitigate the stupidity that is bearing down on us.

    • 31337@sh.itjust.works
      3·
      6 days ago

      know how to lobby the government.

      I’m thinking this may be how it’ll work. More like “bribe” though, and Trump is probably doing this on purpose to coerce companies for bribes. Aka, racketeering on the highest level.

  • solrize@lemmy.world
    117·
    7 days ago

    This is farcical. Operation Warp Speed (fast development of Covid vaccines) was one of the few good things that Trump 1.0 did.

      • solrize@lemmy.world
        18·
        6 days ago

        Trump authorized and funded OWS. Obviously he didn’t do the actual science. It’s JFK and the moon landing. JFK didn’t build the rockets or fly in them, but the project as a whole happened because of his getting behind it.

        • TrickDacy@lemmy.world
          5·
          6 days ago

          Not comparable to the moon mission. Letting someone else deal with a deadly disease should be not just a low bar, but the floor, for a leader.

          • solrize@lemmy.world
            17·
            6 days ago

            I think you are rationalizing. Biden and Trump both did terrible at dealing with Covid. OWS was one of the few things done right. It really was something like the moon program. Otherwise you can never credit or blame a politician for anything unless they are the ones personally doing the work. But that’s not what they do.

            The alternative to OWS would have been to just let big pharma develop vaccines the usual way, instead of using a lot of approaches in parallel with government funding to get usable ones faster. Of course the protection from those vaccines was then pissed away under both administrations, by doing almost nothing (except during the initial lockdowns) to stop airborne spread of the virus. The Herman Cain Award is one of the most memorable legacies from that.

    • SkyezOpen@lemmy.world
      7·
      6 days ago

      Upside: pharma companies stop making massive profits

      Downside: we all die from preventable diseases.

      Win some lose some 🤷