Quote (Black XistenZ @ Mar 30 2020 09:43am)
Perhaps, yes. For the little things like ventilators and protective gear, there might be price gouging to some extent. But skinned was referring to an actual vaccine. Which would be a big fucking deal, and no, the world will not accept charging ridiculous prices for it.
in america how do we combat price gauging in pharmaceuticals? we challenge aspects of the patent to get certain bits unlocked so a cheaper alternative can be created that serves the same purpose.
whomever does patent the vaccine will cry that they had to pay workers double time and hazard pay to create the vaccine, and the patent will stand until an alternative comes out.
and being that its no longer a national emergency the alternative wont get the same speed of light expedited process the FDA is giving vaccine makers now. so for months or even years they'll struggle to get an alternative patented and approved.
all of this "the world will not accept" stuff begs the question "what can we do about it"? we created these systems to make sure the drugs were healthy and safe, but the process is expensive and time consuming. and the companies have built in pricing to exploit this for massive profits.
in reality whether they gauge 1$ per vaccine or 1000$ idk, but it will be gauged. and they'll use the same "war time" breaks they got from the FDA in all of this to justify a price hike. its gonna happen.
Quote (ofthevoid @ Mar 30 2020 09:50am)
This is so front and center that if any corp tried making a killing by gouging on a vaccine they would get crucified. It would be a historically monumental bad PR move.
crucified by whom? these are companies with billion dollar PR budgets to combat getting rectal bleeding as a side effect from allergy medication. the hospitals will still buy 99% of their pills even if a product is gauged. what recourse do we have? twitter? some memes? lol.
This post was edited by thesnipa on Mar 30 2020 08:52am