Re:Moderna CEO made $400M last year–2,435x the median salary...
by mrguyorama on Friday August 18, 2023 @02:26PM
(#37179998)
>mostly real private capital at risk
It absolutely was not! It was billions of public funding for a public health emergency.
Re:Moderna CEO made $400M last year–2,435x the median salary...
by benjaminwootton on Friday August 18, 2023 @02:29PM
(#37180042)
As described in peer comments, mRNA was a platform developed in the decade prior with over $3 billion of private risk capital. The government came in to help them get the Covid vaccine to market using that existing platform.
Any government funding does muddy the waters slightly, but anything they did contribute I assume was for the public good.