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While OWS whines, Real Capitalists Work To Cure Diseases

Discussion in 'News & Current Events' started by Bro. Curtis, Oct 18, 2011.

  1. Bro. Curtis

    Bro. Curtis <img src =/curtis.gif>

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  2. kyredneck

    kyredneck Well-Known Member

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    "The vaccine’s developers hope to use the results of the study to win regulatory approval for the RTS,S and make the vaccine available as soon as 2015. GSK has pledged to sell it at an affordable price (charging just 5 percent above cost), to use any profit to develop a second-generation malaria vaccine and to conduct research on other diseases that plague the developing world, as well as to work with suppliers to reduce the cost.

    Our intention is to supply this vaccine at the lowest cost possible,” said Andrew Witty, GSK’s chief executive officer. “We have no intention of making a profit here.”"

    Cool. Thanks for sharing. This is great news!
     
  3. billwald

    billwald New Member

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    How is "above cost" defined?
     
  4. Max Fenster

    Max Fenster New Member

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    If I were a stockholder, I think I'd sue for fiduciary malpractice.
     
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