Posted by:
Lot's Wife
(
)
Date: August 10, 2020 02:30AM
Below are some actual numbers to demonstrate your point. So far the US government has committed the following conditional sums to companies with what appear to be promising vaccines under development:
J&J: $456 million from the US government
Moderna: $483 million
AstraZenica: $1.2 billion
Novavax: $1.6 billion
GlaxoSmithKline: $2.1 billion
Emergent BioSolutions: $628 million
The total to date is approaching $7 billion. So no, $10 million isn't anywhere close to enough "prize money" to motivate the bio-pharmaceutical giants.
https://www.fool.com/investing/2020/08/02/surprise-heres-how-much-a-coronavirus-vaccine-will.aspx