The Political Economy of Vaccines and Big Pharma Hold-Up

Before the Coronavirus hit the US, 15 of the 18 largest pharmaceutical companies had stopped doing research into vaccines because it wasn’t profitable. Furthermore the vaccines that are now being produced are not the result of research coming from big pharma. According to Michael Roberts the vaccines are coming out of Universities¬† and government institutes like the National Institutes of Health. Also, the Chinese have been supplying the necessary DNA sequences to analyzed the virus.

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