Sunak was a co-founder of hedge fund Theleme partners which he left when he went into politics in 2013. His share of the fund was put into a blind trust.
By November 2022 Theleme held shares in Moderna worth over US$710 million.
Moderna's deal with the UK govt to manufacture covid vaccines, worth £1.6 billon was signed by Sunak
In the US Moderna wants to increase the price of a covid vaccine to around US$130. Apparently in 2020 the price was US£20 and last summer was more than $US26. These figures are taken from analysis by the non profit making Kaiser Family Foundation.
There are new variants of covid and the UK govt are enabling people over 65 and younger people in certain vulnerable groups to have them for nothing. The rest will have to pay.
I read recently, but cannot remember where, that the cost of making the vaccine in the UK was around £18 per dose and it was sold for around £20 per dose. The same article said that Sunak thought the price should be £80 per dose. Very generous considering that the £ equivalent of the US$ price is £102.
In both the UK and US, pharma companies were given large grants to develop a vaccine so should they now benefit financially from research partly funded by us?
?
🦞 The Lockdown Gang still chatting 🦞
