4min chapter

The TED Interview cover image

How COVID vaccines are revolutionizing medicine | Adrian Hill

The TED Interview

CHAPTER

Is There a Risk of Covid 19 Getting Out of Control?

The markets do not incentivise vaccine development, he says. What the markets primarily incentivise is the development of drugs for to keep people alive over a long period of time - that's how drug companies make money. We are all happier to spend money when we are unwell than when we are well, on anything to do wit with health,. So that is a fundamental mark of failure that agencies around the world are trying to address. The regulatory set up that most countries have is designed not first and foremost to say what is the best outcome for overall public health but to minimize risk of age from new interventions.

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