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A comment on How Pfizer delivered a Covid vaccine in record time. Parent comment
> The arrangement is an advance-purchase agreement, meaning that the company won’t get paid until they deliver the vaccines
They didn't take funding, they signed a contingent contract. Only their own money was at risk.
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> The arrangement is an advance-purchase agreement, meaning that the company won’t get paid until they deliver the vaccines
They didn't take funding, they signed a contingent contract. Only their own money was at risk.