The covid-19 vaccines may have provided health and economic benefits worth up to $64.3 trillion in the first year alone – almost double an earlier estimate. Previously, researchers calculated that the $79.4 billion invested in developing covid-19 vaccines saw a return of between $4.8 trillion and $37.9 trillion globally in the first 12 months after their rollout.
→ But now, a reanalysis of the data suggests it is actually between $6.43 trillion and $64.3 trillion.
This means that for every $1 spent on the vaccines’ development, between $59.70 and $809 was gained in that year. “It is great to finally see this research published to demonstrate the enormous health and financial benefits gained from covid-19 vaccines, in comparison to the costs that went into their development and delivery,” says Hallie Benjamin at the London School of Hygiene & Tropical Medicine…
Source: NewScientist | Health
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