The FDA decided not to even review Moderna's mRNA flu vaccines for approval, even though the studies the FDA would be reviewing were conducted the way the FDA told Moderna to do them.
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@jeneralist @Mikal the US overpays for meds, so that 40% probably accounts for a majority of their profit. I’d be surprised if they truly wouldn’t make a profit, but I can’t rule it out with certainty.
@c0dec0dec0de @jeneralist @Mikal Former pharma here - that sounds about right.
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@jeneralist "You cannot make a return on investment if you don't have access to the U.S. market" is a scary phrase.
@AzureArmageddon @jeneralist that really does make me wonder that if the United States ever fixed its medical system to be in line with the rest of the civilized world. Would that take away the actual impetus for medical research that has been improving the lives of people worldwide?
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@jeneralist @Mikal the US overpays for meds, so that 40% probably accounts for a majority of their profit. I’d be surprised if they truly wouldn’t make a profit, but I can’t rule it out with certainty.
@c0dec0dec0de @jeneralist @Mikal
Vaccines are generally NOT hugely profitable. This is because:
They are given to healthy people, meaning that they have to be much more safe than drugs given to sick people who will tolerate more risk of side effects. This requires very large and costly trials.
Few doses are needed (up to 3 for most vaccines) and there is no long-term repeat prescribing.
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The FDA decided not to even review Moderna's mRNA flu vaccines for approval, even though the studies the FDA would be reviewing were conducted the way the FDA told Moderna to do them.
Now #Moderna expects that none of its other #mRNA #vaccines will be reviewed, and has halted studies on vaccines for EBV, HSV, and shingles.
A lot of people with herpes would be angry if they found out.
A lot of people who have family members with #MS -- now thought to be caused in part by EBV -- will be livid.
@jeneralist Just for clarity. Moderna announced stopping work on the latter vaccines mentioned back in November; while some mRNA work continues. This gives details for their reasoning. They've been doing a lot of cost-cutting.
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@ujay68 @jeneralist I agree it's dysfunctional but I think it's about as simple as the CEO says. In pharma development and trials are very expensive, and most candidates don't pass for one reason or another (don't work well enough, bad side effects, etc). If it costs an average US$100M (rough guess) to develop and bring a drug through trials, and 9/10 fail, what do they need to make from the one that works? It itself may only cost $100M but the other $900M needs to come from somewhere.
@mirth @ujay68 @jeneralist That figure is pretty far off. The costs of trials in the US total up to around $550mus on the low end. $100mus would be very affordable across the whole process.
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@ujay68 @jeneralist The consequence of that is the direct cost of manufacturing and delivering a drug could be $1 but that $900M plus some interest on debt or return to investors needs to get spread across whatever it is that they can sell (about $0.10 per dose if you could give it to every person in the world). One way to reduce the overhead of this whole system is to shift more fundamental research to government-funded labs, but of course the US in the process of gutting those as well.
@mirth @ujay68 @jeneralist Executive bonuses, starting at the director level.
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$&#&@% death cult enagelical Christians and their crazed belief that god micromanages who gets infected
@alienghic @jeneralist 3/5 times, scratch an evangelical and find a social darwinist (ironically).
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»In August of 2025, following the successful completion of the Phase 3 efficacy trial in which mRNA-1010 met all pre-specified primary endpoints, Moderna held a pre-submission meeting with CBER [Center for Biologics Evaluation and Research]. CBER requested that supportive analyses be included … Moderna provided the additional analyses … At no time in the pre-submission written feedback or meeting did CBER indicate that it would refuse to review the file.«
https://feeds.issuerdirect.com/news-release.html?newsid=7346090610333866&symbol=MRNA
@stekopf @jeneralist Can confirm. This was a curve ball.
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@jeneralist So frustratingly corrupt that they halt studies rather than going to court or abroad.
@dalias @jeneralist Yes.
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@jeneralist
An opportunity for Moderna's German competitor, BioNTech (which also develops mRNA vaccines), perhaps@ancientsounds @jeneralist They're probably relocating assets for this. I don't know for sure, I got laid off last October and bounced from the industry.
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They 100% could apply for approval in Europe or Canada but they won't because without access to the US market their isn't enough profit for them... and companies like Moderna don't care about people, they only care about profit.
Europe, Canada, et al need to force the issue by changing patent law (at least for medical patents but honestly it would be best to cover all patents) to include a 'use it or lose it' clause. If companies don't pursue approval Government's should have the right to step in and use the companies patents to develop the drugs themselves.
@RantingCanuck @Mikal @jeneralist
Compulsory licensing* can work for drugs ("chemicals") but manufacture of vaccines and other "biologicals" typically involves too much know-how for anyone other than original patent holder to take on.
*This is the technical term for what you describe, except that no government would develop the product itself - instead they'd license a generic manufacturer to do so.
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@mirth @ujay68 @jeneralist That figure is pretty far off. The costs of trials in the US total up to around $550mus on the low end. $100mus would be very affordable across the whole process.
@drwho @ujay68 @jeneralist Yes more just trying to put in context why the cost to develop and approve one drug is not the only underlying cost the company has to cover to stay solvent.
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@mirth @ujay68 @jeneralist Executive bonuses, starting at the director level.
@drwho @ujay68 @jeneralist Generally agreed that bonuses don't really achieve what they are advertised to, though how much difference to the finances would that make in the case of a company like Moderna?
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@jeneralist Since Moderna is a multinational company, they should just wind down all operations in the US, and refocus their research in Canada and/or Europe.
And maybe that is what they are quietly doing already.
Moderna has its new influenza vaccine under review in the EU, Canada, and Australia: https://www.nbcnews.com/health/health-news/fda-declines-review-modernas-mrna-flu-shot-rcna258436
But that does not make what Trump and those with him are doing any less deadly.
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The FDA decided not to even review Moderna's mRNA flu vaccines for approval, even though the studies the FDA would be reviewing were conducted the way the FDA told Moderna to do them.
Now #Moderna expects that none of its other #mRNA #vaccines will be reviewed, and has halted studies on vaccines for EBV, HSV, and shingles.
A lot of people with herpes would be angry if they found out.
A lot of people who have family members with #MS -- now thought to be caused in part by EBV -- will be livid.
@jeneralist on one hand - f tRump. On the other hand kinda f moderna for giving up because they can't make enough money back to satisy the "numbers". (There's profitable enough at some point - for the average Joe thats been capped at 'breaking even' should that ever happen...)
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The FDA decided not to even review Moderna's mRNA flu vaccines for approval, even though the studies the FDA would be reviewing were conducted the way the FDA told Moderna to do them.
Now #Moderna expects that none of its other #mRNA #vaccines will be reviewed, and has halted studies on vaccines for EBV, HSV, and shingles.
A lot of people with herpes would be angry if they found out.
A lot of people who have family members with #MS -- now thought to be caused in part by EBV -- will be livid.
@jeneralist It's been clear that stealth eugenics have been at the heart of the Republican policy since the beginning of the pandemic. Why else would they be so adamant to keep a pseudoscientist with literal brain damage as their head of health policy? -
@drwho @ujay68 @jeneralist Yes more just trying to put in context why the cost to develop and approve one drug is not the only underlying cost the company has to cover to stay solvent.
@mirth @ujay68 @jeneralist Gotcha - understood now.
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@drwho @ujay68 @jeneralist Generally agreed that bonuses don't really achieve what they are advertised to, though how much difference to the finances would that make in the case of a company like Moderna?
@mirth @ujay68 @jeneralist I don't know. I don't have access to their internal accounting system.
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The FDA decided not to even review Moderna's mRNA flu vaccines for approval, even though the studies the FDA would be reviewing were conducted the way the FDA told Moderna to do them.
Now #Moderna expects that none of its other #mRNA #vaccines will be reviewed, and has halted studies on vaccines for EBV, HSV, and shingles.
A lot of people with herpes would be angry if they found out.
A lot of people who have family members with #MS -- now thought to be caused in part by EBV -- will be livid.
-
The FDA decided not to even review Moderna's mRNA flu vaccines for approval, even though the studies the FDA would be reviewing were conducted the way the FDA told Moderna to do them.
Now #Moderna expects that none of its other #mRNA #vaccines will be reviewed, and has halted studies on vaccines for EBV, HSV, and shingles.
A lot of people with herpes would be angry if they found out.
A lot of people who have family members with #MS -- now thought to be caused in part by EBV -- will be livid.
@jeneralist Eugenics
