Is “Big Pharma” really the problem?

https://ift.tt/2PQB7te

As for other “moneyed interests,” no fewer than 30 Big Pharma and small biotech firms are racing for treatments and vaccines. Moderna turned around a vaccine batch in just 42 days. Gilead Sciences is already in Phase 3 trials for its remdesivir treatment for Covid-19. Straight off President Trump’s announcement of FDA approval for antimalarial drugs to treat the disease, Bayer announced it would donate three million chloroquine tablets.

That is from Kimberly Srassel’s WSJ opinion piece titled “Coronavirus Vindicates Capitalism“. See also this video.

• Hat tip: Marginal Revolution.

from Verdure https://bit.ly/2WMcMHs