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Old 03-16-2023, 11:45 AM   #1461
opendoor
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And yet, Pfizer's stock price is exactly where it was 5 years ago. Meanwhile Merck & Co (who didn't have a successful COVID vaccine and whose treatment had mediocre results) has seen their stock price double in that same period.

COVID-related things are certainly driving revenue, but I'm not sure they're leading to any kind of long-term profitability.
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Old 03-16-2023, 01:29 PM   #1462
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Stock price is not everything, and you know that. Some companies have overvalued stock, some have undervalued, even relative to their profits.

Prior to 2020, most people who post in this thread would have agreed that big pharma is not exactly the most trustworthy industry, and that they will 100% manipulate studies & research, lobby the government or pull all kinds of shenanigans to get their product sold. I mean they've been fined as a collective industry how many billions?

But when COVID hit, all that went out the window, and everyone all of a sudden thought Pfizer or Moderna were going to save us all, and don't you dare question anything they say.
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Old 03-16-2023, 02:00 PM   #1463
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A stock price is certainly an estimate of the company's profitability going forward. If COVID vaccines were seen as some endless money maker, then why have the companies that rely almost solely on that for revenue (BioNTech, Moderna, Novavax, etc.) lost 70-95% of their value in the last 1.5 years?

And in this case, there's no evidence of manipulated data or fraud, so the industry's reputation isn't all that relevant. Post-approval monitoring and public health data has been consistent with original trial data.

And that doesn't even get into your conspiracy theory about public health officials promoting vaccination in order to generate more revenue for pharmaceutical companies, rather than as an effective risk mitigation measure.
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Old 03-16-2023, 06:56 PM   #1464
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People are encouraged to give ivermectin to their children with Down's syndrome

https://www.vice.com/en/article/pkay...in-kids-autism
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Old 03-16-2023, 11:06 PM   #1465
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Originally Posted by Reggie Dunlop View Post
People are encouraged to give ivermectin to their children with Down's syndrome

https://www.vice.com/en/article/pkay...in-kids-autism
That is horrifying. I can't comprehend the stupidity.
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Old 03-17-2023, 07:56 AM   #1466
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It's just sad. Parents desperate for a cure for their children, willing to try anything, and not smart enough to smell bull####.
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Old 03-17-2023, 08:08 AM   #1467
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Originally Posted by Azure View Post
Stock price is not everything, and you know that. Some companies have overvalued stock, some have undervalued, even relative to their profits.

Prior to 2020, most people who post in this thread would have agreed that big pharma is not exactly the most trustworthy industry, and that they will 100% manipulate studies & research, lobby the government or pull all kinds of shenanigans to get their product sold. I mean they've been fined as a collective industry how many billions?

But when COVID hit, all that went out the window, and everyone all of a sudden thought Pfizer or Moderna were going to save us all, and don't you dare question anything they say.
This didnít happen,

There was significant scrutiny on the vaccines. Non experts probably did more research into the Covid vaccine then any other medical intervention in the history of medicine. The trust the science mantra came about precisely because people have a poor ability to read scientific research and were drawing all sorts of incorrect conclusions from statistics.

How many people when prescribed anti-biotics go and look at the effectiveness research. Very few they take what their doctor prescribed. Or statins, how many people know the effectiveness of them? Then compare that to people who knew the effectiveness of the Covid vaccine and could reasonably or unreasonably discuss if it prevented transmission or not.

Itís because people misused statistics and there was such a negative push against the vaccine unlike any other health intervention we have used that there became a strong and simple public health message around effectiveness.

You have causality backwards.
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