Thursday , July 4 2024
Home / Mike Norman Economics / Pandemic Pipeline

Pandemic Pipeline

Summary:
Interesting article at Nature.... Companies are doing their best to accelerate experimental drugs and vaccines for #COVID19 through the pipeline. Each faces its own set of challenges, but all agree on the need for a radical rethink of the clinical development process for pandemics https://t.co/8KUnbLzf22 pic.twitter.com/mOmfttYOQf — Nature Biotechnology (@NatureBiotech) March 22, 2020 No surprise...  the "out of money!" morons at work here too: In addition, John Rex argues that, since 2003, the ‘Tamiflu incident’ in the late 2000s set back efforts to construct the non-market mechanisms that might have helped address infectious disease outbreaks.  Fearing an overwhelming outbreak of avian influenza, health authorities in the United States, France, Germany, the United Kingdom and

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Is Israel committing genocide in Gaza?

Lars Pålsson Syll writes Theory and reality in economics

New Economics Foundation writes Why the far right is winning in Europe, with Yanis Varoufakis

Angry Bear writes For Some Reason AB was down. Anyone care for an Open Thread?


Interesting article at Nature....

No surprise...  the "out of money!" morons at work here too:

In addition, John Rex argues that, since 2003, the ‘Tamiflu incident’ in the late 2000s set back efforts to construct the non-market mechanisms that might have helped address infectious disease outbreaks. 
Fearing an overwhelming outbreak of avian influenza, health authorities in the United States, France, Germany, the United Kingdom and elsewhere stockpiled Basel, Switzerland-based Hoffmann-La Roche’s approved antiviral Tamiflu (oseltamivir). 
But when the pandemic failed to materialize and governments were left with warehouses full of unused antivirals, “there was a lot of hand-wringing,” says Rex. “Officials felt cheated, ‘ripped off’ by pharma rather than being happy the pandemic didn’t occur.” 
Rex believes that governments should regard effective antivirals and vaccines not as a burdensome drain on limited resources, but rather much as householders regard insurance policies and fire extinguishers: as products we buy hoping never to have to use.

These people are THE MOST dangerous human beings on planet earth... THE MOST... we have to get rid of these f-ing people...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *