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<blockquote data-quote="imhotep" data-source="post: 26247417" data-attributes="member: 562115"><p>The vaccine was developed by the Oxford University. It was one of several (I think 9 vaccines) supported by CEPI (Coalition for Epidemic Preparedness Innovations) - A global foundation set up around 2016. Then Astra-Zeneca was involved and Prof Sarah Gilbert (who is the lead developer) committed that it will be free (or at cost) as long as Covid is <strong>declared as a pandemic</strong>.</p><p></p><p>Otherwise Prof Glibert with another colleague had their own company Vaccitech. Vaccitech was a small enterprise and thus Astra-Zeneca came into the picture as a major partner. AstraZeneca paid the university an up-front fee of $10m (£7.4m) and has promised a further $80m (£59.4m) in "milestone payments".</p><p></p><p>Astra-Zenaca made <strong>commercial agreements</strong> with other vaccine manufacturers around the world (ISI in India is just one) So what dictates the manufacture and delivery are the terms in this agreeement.</p><p></p><p>This is just a brief of the background - things are more complex than this - once the vaccine gets <strong>sold commercially</strong> (post pandemic) then even the Oxford Uni will get a share close to 50%.</p></blockquote><p></p>
[QUOTE="imhotep, post: 26247417, member: 562115"] The vaccine was developed by the Oxford University. It was one of several (I think 9 vaccines) supported by CEPI (Coalition for Epidemic Preparedness Innovations) - A global foundation set up around 2016. Then Astra-Zeneca was involved and Prof Sarah Gilbert (who is the lead developer) committed that it will be free (or at cost) as long as Covid is [B]declared as a pandemic[/B]. Otherwise Prof Glibert with another colleague had their own company Vaccitech. Vaccitech was a small enterprise and thus Astra-Zeneca came into the picture as a major partner. AstraZeneca paid the university an up-front fee of $10m (£7.4m) and has promised a further $80m (£59.4m) in "milestone payments". Astra-Zenaca made [B]commercial agreements[/B] with other vaccine manufacturers around the world (ISI in India is just one) So what dictates the manufacture and delivery are the terms in this agreeement. This is just a brief of the background - things are more complex than this - once the vaccine gets [B]sold commercially[/B] (post pandemic) then even the Oxford Uni will get a share close to 50%. [/QUOTE]
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