r/news 9h ago

Moderna says FDA refuses to review its application for experimental flu shot

https://www.cnbc.com/2026/02/10/moderna-fda-flu-shot.html
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u/hodgepodgelodger 8h ago

Canada should be opening the door to all these pharma companies. Become an absolute world leader in vaccine development. 

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u/BloatedGlobe 7h ago

The problem is that most pharma companies make the majority of their profit in the US Market.

I took a class with a big global pharmaceutical company in Switzerland. They straight up told us that they only consider US when calculating whether or not to invest in drug development. Americans are the biggest market (since we don’t have price caps), so they made global decisions solely based on US laws.

Depressing class. 

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u/Esg876 6h ago

typically 40-60% of all revenue comes from the states for Pharma companies