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by wiradikusuma·5y ago·view on hn ↗
It does not compute. "I (the govt) will give you (the pharma) billions for free if you work on a vaccine. If you fail, no worries. If you're successful, you can sell it however you want."

It's like the opposite of VC.

Can anyone explain such logic and why it's still in place?

2 comments
It's a huge incentive to work on a product that is good for society, but not good for business.
Because vaccines are not good business for pharma companies (single dose, no return customers) but it is very good for society at large (and specifically for the economy)

So government, which represents the public good invest the money so this will happen.

But free market fanatics like gates cannot allow any solution which "does not compute" from that (your) perspective.

I think selling 7bn of anything, is going to be profitable.