Is there a Price for a Covid-19 Vaccine?
post by gavintaylor
score: 11 (4 votes) ·
This is a link post for https://mattsclancy.substack.com/p/is-there-a-price-for-a-covid-19-vaccine
There is no currently existing human vaccine for covid-19. Can we force one into existence by promising to spend a lot on it? Is there some price at which we can “buy” a covid-19 vaccine in the next year?
This post provides an interesting discussion of the findings from several studies about how economic incentives (like advanced market commitments) can stimulate drug and vaccine development.
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comment by RayTaylor
· score: 2 (2 votes) · EA
) · GW
We didn't get a vaccine for SARS-1 in time to be useful, and we don't have one for the 4 endemic coronaviruses, and it seems very likely that covid19 will become endemic/seasonal, so it is quite likely that all money spent on a vaccine will be mostly wasted.
So if you really have that money available, it may be better to spend it on
# improving treatment and prophylaxis
# protecting doctors, health staff and family members better (eg. negative pressure rooms)
# improving your health system or nutrition for all-causes mortality
#better preparedness for the next pandemic, which may have far higher mortality, including rapid testing/isolation ramp up capacity
# low dose effect Challenge Trials, as proposed by Prof Robin Hanson, especially for humanitarian/relief workers and young Navy teams