Security quote of the week

Security quote of the week

The public funds were offered without incentives for the public, whereas the private funds were in exchange for shares, marketing, and development rights for the lifesaving technology.

The public now has access to a vaccine which is widely available at moderate cost and seems to be working quite well. Faced with a disease that has the potential to seriously disable or kill a sizeable proportion of the population (either directly, or indirectly by overwhelming the public health system to a point where other life-threatening conditions cannot be treated properly) as well as to cause enormous damage to the economy, quality of life of people, etc., that looks like a reasonable ROI as far as I'm concerned. (And I'm German so this is my tax money being spent. Would I have been prepared, in early 2020, to personally give €5 to BioNTech, no strings attached, so they could develop a COVID-19 vaccine? You bet.)