Tyler Crowe

The thing is, it's burning through a rather large amount of cash to do all of that development, and the COVID vaccinations aren't quite filling the gaps.

Now, I don't know about you two, but I'm having a hard time making a sense of all this.

And if...

These recent decisions from the FDA drastically alter Moderna's strategy over the next several years.

Yeah.

Shots on goal is really a thing here.

I read a study, I think from 2011 through 2021, it was like 7% of all drugs that started a phase one clinical trial actually got to commercial viability.

The more on the pipelines, the more you actually have a chance of something getting through.

Now, I don't think I'm being too political here when I say that the current administration has very different views on vaccines writ large, and specifically mRNA vaccines compared to previous administrations, which does make me kind of wonder, because we were talking about this large population.

portfolio of upcoming mRNA vaccines.

If we're seeing resistance from the FDA on these influenza-type vaccines, why should the attitude towards oncology and rare disease treatments using mRNA vaccines be any different?

And again, we go back to this fact that

The company is burning through a rather large cash pile to fund all the research and development for this stuff happening right now and testing novel treatments.

If we're being real here, and this is kind of the attitude that they're getting, should the company seriously consider slowing its testing and development to a slower pace in hopes that maybe a change in FDA leadership is more receptive to mRNA vaccines and kind of preserve that cash that's coming in the door?

Two, I would say, not the cheeriest topics that we've discussed over here with Shopify and Moderna.

But so we're going to move on to a little bit more positive news.

And after the break, we'll do stocks on our radar.

Now, I don't know who else saw this, just a little aside before we do stocks on our radar, but during the recent drop in Bitcoin price, this is a really great story.

A Korean crypto exchange accidentally gave away 620,000 Bitcoin instead of 620,000 Korean won worth of Bitcoin.

Instead of giving away what's roughly approximately $425, they accidentally gave away $40 billion.