Only Oxford / Astrazeneca.I thought all the vaccines in development were been sold at cost price only?
For the same reason AZN aren't.Why wouldn't they make a profit? What other businesses providing services are doing so without profit?
This pandemic isn't their fault so why would they behave like a charity?
As long as they don’t ask Serco to do do itWow, they'd nearly have enough to develop a track and trace App with the profits.
Might even be 'world beating'..................
Exactly. They'll probably be the ones getting into trouble. Pfizer and astrazeneca have a duty to maximise profits for their shareholders. If I had AZ shares I'd be very unhappy they weren't despite creating a much sort after solution.Just my luck to have Astrazeneca shares and they're giving it away!
Right. This FT article is behind their paywall but it states that AZ will make 20% profit above costs. Don’t see why they should miss out when others profit.AZ won't be making any profit on the vaccine ? - yeah, right.
Are you really that naive ?
They’re selling it to developing countries at cost priceAZ won't be making any profit on the vaccine ? - yeah, right.
Are you really that naive ?
They may well be (and we'll ignore the fact that it will be their definition of "developing countries") but that's not what you said in your original post is it.They’re selling it to developing countries at cost price
My understanding is that AZ have committed to selling it at cost throughout the pandemic. They’ll then sell for profit once the pandemic is over as the vaccines will likely become seasonal. They’re a public company so you’ll be able to scrutinise it once they release their financialsThey may well be (and we'll ignore the fact that it will be their definition of "developing countries") but that's not what you said in your original post is it.
Reduced or cost price pharmaceuticals to certain countries is fairly standard in the industry, but as said, AZ's development costs for this vaccine will be huge, and they are totally within their right to recover those costs and make a reasonable profit