Are pharmaceutical companies likely to profiteer from coronavirus?

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Pharmaceutical companies have rolled up their sleeves to develop a coronavirus vaccine, but there are unanswered questions about risk and cost.

If you ever needed proof that necessity is the mother of invention, you wouldn't have to look much further than the coronavirus crisis.But there are looming dilemmas when it comes to rollout and costsIn the last few weeks there has been a surge of research activity and innovation, as dozens of

"In reality, I would say at least a year," University of Queensland virologist Kirsty Short predicted. Breaking down the latest news and research to understand how the world is living through an epidemic, this is the ABC's Coronacast podcast.For example, a US firm working on a vaccine has made the controversial step of bypassing animal testing, and has begun testing on human subjects.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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Most certainly

Of course...they profit from human suffering....it's their MO.

Private Profit Making Corporations. Under Law, it is their Directors DUTY to profit/eer. Written into Australian Law by Evil Private Profit Making Law Corporations. Call it a Conspiracy. It is. Like EVERY criminal cartel on this earth, it starts with a conspiracy. FACT.

Profiteering you say? Do tell..... c/o EpochTimes

Does the pope shit in the woods?

They do all the time

$150 for a Ventolin inhaler and $45 for a Polio tablet in America .. Hmmm lets count the bodies neglected rotting on their streets and park benches at the mo why don't we. Be under no illusion the LNP have been trying to flog medicare and go down the exact same road for years.

Um, yes. That's their actual business.

Of course they would NOT

Umm, YES 😡😡😡😡

Ask a silly question?.

Very likely as always

Why not, After all the ABC is promoting the pentecostal cult and the IPA toxic turds for 'profit' which is effectively enabling profiteering so you can't really criticise the pharmaceutical companies in the same breath.

😂😂😂😂🤣🤣🤣🤣

Worst coverage of this crisis!!! Nice to know who you are in bed with though.

Or, let’s not forget the record setter, 2012 $3 billion settlement payed by GlaxoSmithKline for failure to provide safety data, kickbacks, false safety statements, oh, and again overpricing and underpaying Medicaid rebates.

Let’s not forget, either, that in 2000, Merck & Co were fined $650 million for kickbacks to HCPs and routinely overbilling Medicaid in 49 states and Washington DC. Settlement without any admission of liability or wrongdoing (Wiki source)

hahahahaaa

Of course. Should they go broke instead?

Of course and so they should - the invest one research and development and should expect some return on their secience. Typical ABC crap and left wing ALP logic that scientists should work for nothing

Why would they STOP now?

You bet! They've profiteered off everything else they could over past 50 years.

Time to either read or watch John Le Carre’s “ The Constant Gardener” again. Probably based on Pfizer’s criminal actions in Nigeria in 1996. Finally settled in 2009 for $75million but with a confidentiality agreement. Ethics and pharmaceutical companies? Not a good track record.

Add up all the countries in Europe that could fit into a US mao and are the size of our states you get the same number of cases

ScoMo will subsidies it, then get us to pay covid-19 tax.

Their employees are not allowed by any law to permanently latch on to tax-payer teats like your employees are allowed till death.

Of course not. They are very ethical and full of goodness so they are going to give us all the treatments we need because they love us. For free. So we can live longer and multiply.

Pharmaceutical companies have been profiting off vulnerable consumers for years. Trillion dollar companies that can’t find profits from cures but from ‘treatments’.

Is water wet?

Do leading questions require enunciation?

Is the Pope catholic?

Considering how many fund this govt, the q is moot.

Does a bear shit in the woods

You misspelled China again ABC.

Of course they will.

Why not the LNP are. They make the standards

Is there any question?

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