Business Wars

Vaccine Wars | Big Pharma's Big Gamble Pays Off | 7

May 10, 2021
Annalisa Merelli, a healthcare reporter for Quartz, dives into the tumultuous world of COVID-19 vaccines, discussing the monumental risks taken by companies like BioNTech and Moderna. She unpacks the international collaborations that sped up vaccine development and the complex safety concerns around the Johnson & Johnson vaccine. Merelli also addresses the stark disparities in global vaccine distribution, particularly in India, and highlights the transformative potential of mRNA technology in shaping future healthcare.
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INSIGHT

Unprecedented Vaccine Development

  • COVID-19 vaccine development was initially predicted to take 1.5 years.
  • It was completed in less than a year due to mRNA technology, international collaboration, and a stable virus.
INSIGHT

mRNA's Revival

  • mRNA technology was almost abandoned due to lack of investment.
  • The COVID-19 pandemic's funding made it viable, potentially revolutionizing medicine.
ANECDOTE

Pfizer's Partnership

  • Pfizer partnered with BioNTech, combining experience and mRNA technology.
  • This partnership enabled them to successfully produce vaccines at a large scale.
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