COVID-19 Vaccines Generated Trillions in Benefits, Far Exceeding Their Estimated Costs
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4 Articles
COVID-19 vaccines generated trillions in benefits, far exceeding their estimated costs
Every dollar spent on COVID-19 vaccine development and distribution generated an estimated $81 to $810 in economic value during the first year that vaccines were given, according to new research published in the journal PLOS Medicine.
COVID-19 Vaccines Yielded High Global Economic Returns in First Year
A model-based economic evaluation found that global COVID-19 vaccination generated between $59.7 and $809 in returns per dollar invested during its first year.
The development and distribution of Corona vaccines cost an estimated 79.4 billion US dollars worldwide. Their social benefits in the first year of vaccination were, according to a new model calculation, 6.43 to 64.3 trillion dollars. The decisive factors were avoided deaths and severe diseases, but the benefits were very unequal. New York (U.S.A.). The Corona vaccines came in [...] The post COVID-19 vaccines brought up to 64.3 trillion dollars …
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