Posted May 11, 2020
The COVID-19 pandemic has created an instant market for vaccine development. Around $1 billion of U.S. taxpayer funds have already been given to Big Pharma to develop the much coveted COVID-19 mRNA vaccine, a new class of vaccines that have never before been successfully developed. ($450 million to Johnson & Johnson in March, and $483 million to Moderna Therapeutics in April.) At least another $2 billion is being spent by the Bill Gates-founded Coalition for Epidemic Preparedness Innovations (CEPI). Read more.