Replies to post #379019 on Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

The difference between the Pfizer deal and the others was addressed in the source originally provided:

"In July, Pfizer got a $1.95 billion deal with the government’s Operation Warp Speed, the multiagency effort to rush a vaccine to market, to deliver 100 million doses of the vaccine. The arrangement is an advance-purchase agreement, meaning that the company won’t get paid until they deliver the vaccines. Pfizer did not accept federal funding to help develop or manufacture the vaccine, unlike front-runners Moderna and AstraZeneca."

"Although it’s true that Pfizer and BioNTech had been working on a vaccine all year before the companies struck their deal with the U.S. government in July, a $1.95 billion deal is nevertheless a significant incentive to keep going."
https://www.nytimes.com/2020/11/10/health/was-the-pfizer-vaccine-part-of-the-governments-operation-warp-speed.html

It's true that they signed a contract in July 2020 that led them to believe this:
"They knew they would receive 2 billion."
It also may be true that “Moderna and Pfizer already had about $1 billion each for development of a Covid vaccine”, but in Pfizer's case it was their own $1 billion. Their deal was based on actual delivery, not development and manufacture. Pfizer thought that their deal structure provided them freedom from interference and hence expedited the development process.


"They received it before human trials, they received it after, what does it matter?"
None, NOW.