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How Much Money Did Jonas Salk Potentially Forfeit By Not Patenting The Polio Vaccine? [$7 billion]
Forbes ^ | August 9, 2012

Posted on 10/28/2014 11:56:06 AM PDT by grundle

Salk was not called the “Father of Biophilosophy” without reason. I have explained the possible reasons why he did not patent the vaccine here: Why didn’t Jonas Salk patent the polio vaccine?

For those who want a short answer, Salk would have been richer by $7 billion if his vaccine were patented. Continue reading for how the number was arrived at.

(Excerpt) Read more at forbes.com ...


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1 posted on 10/28/2014 11:56:06 AM PDT by grundle
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To: grundle

Seven Billion!

Just think of the epic list you could make!


2 posted on 10/28/2014 12:04:43 PM PDT by humblegunner (Why hello, Captain Trips.)
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To: grundle
Salk was a true American hero. Few and far between anymore.
I participated in the Salk vaccine trials (1954?), received the placebo, but was vaccinated shortly thereafter.
More thrilled about this was my mother, who had six kids and faced the terror of polio every summer. When it was announced that Salk's vaccine worked, she cried she was so happy.
3 posted on 10/28/2014 12:07:01 PM PDT by oh8eleven (RVN '67-'68)
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To: grundle

Uh, ALL OF IT! Duh! What a stupid question!


4 posted on 10/28/2014 12:08:33 PM PDT by ExTxMarine (PRAYER: It's the only HOPE for real CHANGE in America!)
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To: oh8eleven

I also was in the Polio Vaccine trial. I was fortunate, I got the real stuff. I then went through all the other trials including the Sabin Vaccine. While in the military I had several rounds of the vaccine.

DirtyDoc


5 posted on 10/28/2014 12:14:27 PM PDT by DirtyDoc (HM1/USN(FMF)(SS))
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To: All

Years ago, Salk was working on an AIDS vaccine.

IIRC, the vaccine was to be similiar to the polio vaccine - using killed virus to elicit an immune response.

Salk was actually using the vaccine on himself in order to test whether an immune response was gained. But he died before he could do the trial.

To me, that’s the ultimate sign of dedication when you’re willing to risk your life in order to save millions of others.


6 posted on 10/28/2014 12:18:56 PM PDT by MplsSteve
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To: DirtyDoc
I then went through all the other trials including the Sabin Vaccine.
I vaguely recall that - don't remember if I was involved - but I recall the vaccine was so bitter, they had to use sugar cubes to get people to take it.
7 posted on 10/28/2014 12:22:15 PM PDT by oh8eleven (RVN '67-'68)
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To: grundle

Why didn’t Salk patent the vaccine? Because he would have been required to assign the patent to the US government since his work was based on a federally funded grant.


8 posted on 10/28/2014 12:23:09 PM PDT by CodeToad (Islam should be outlawed and treated as a criminal enterprise!)
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To: grundle

Surprising, because we Jews are money-grubbing thieves, or so I understand from reading the MSM.

In seriousness, I’ve never understood that stereotype, and it’s the only Jewish stereotype that actually grates on my nerves.

Giving 10% to charity (usually 5 to Shul/Jewish causes and 5 to whatever) is the minimum and most do more, plus “sweat equity” charity like volunteer work.

The tendency to be neurotic/nebbish, the over-bearing mom, etc. all have a grain of truth and are probably fair and funny.

But tight with those in need is unmitigated BS.


9 posted on 10/28/2014 12:40:02 PM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem)
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To: grundle

maybe he didn’t want to make riches off polio vaccines these people knew had the simian sv-40 virus - among other viruses not removed - known to be in there, that would go on to give cancer to millions of people, that would surface in them later in life.


10 posted on 10/28/2014 12:41:50 PM PDT by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: grundle
I'm shocked the anti-vaccine wingnuts haven't shown yet on this thread.
11 posted on 10/28/2014 12:43:17 PM PDT by riverdawg
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To: grundle

I’m guessing he thought it enough that God could aid him in is goal, to rid the world of a disease he was very interested in and the knowledge his discovery would save countless lives was payment enough.


12 posted on 10/28/2014 12:49:02 PM PDT by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: riverdawg

Wrong by one post.


13 posted on 10/28/2014 12:50:25 PM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem)
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To: Secret Agent Man

SV-40. Bingo.

I read about that 20 years ago and suddenly the “unexplained” growth of cancer in the areas of the world using monkey based vaccine didn’t seem so unexplained anymore.


14 posted on 10/28/2014 12:52:04 PM PDT by Go_Raiders (Freedom doesn't give you the right to take from others, no matter how innocent your program sounds.)
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To: grundle

when I coordinated our March of Dimes walk in 1996, they gave me a tour of the Salk Institute in La Jolla. Impressive place. Trying to use genetic to grow limbs etc.

Didn’t understand stem cell issue at the time, so didn’t know what questions to ask. Don’t know what they’re doing now.

The patio outside the cafeteria was on a cliff which lead to view of blacks beach (nude beach). I saw military choppers slow down as they flew by. It was quickly explained to me.


15 posted on 10/28/2014 12:57:28 PM PDT by morphing libertarian
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To: grundle
My MIL was friends with Jonas Salk, and based lots of her artwork on genetic code and things like that. She got inspired by him showing her stuff in a microscope whenever she visited him at the Salk Institute in San Diego.

She met him because she was friends with his wife (Francois Gilot, who is the mother to some of Pablo Picasso's kids).

We have a lot of the correspondence from Salk... including some hand-typed studies he did while trying to come up with an AIDS vaccine. Based on his letters and things, it seemed like he was a cool guy.

16 posted on 10/28/2014 12:58:44 PM PDT by Cementjungle
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To: oh8eleven
I remember those times, polio season is on us, everyone went crazy with fear that us rug rats would end up in an Iron Lung.

I got my shots at the Auditorium in Spokane, Washington, there were thousands of people waiting in line.

17 posted on 10/28/2014 1:10:32 PM PDT by Little Bill (EVICT Queen Jean)
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To: Secret Agent Man; Go_Raiders
simian sv-40 virus

Have either of you read "Dr. Mary's Monkey"?

18 posted on 10/28/2014 1:15:14 PM PDT by Slyfox (To put on the mind of George Washington read ALL of Deuteronomy 28, then read his Farewell Address)
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To: Cementjungle

I was going to add that my son goes to school with Sabin’s step grandson.

On “Inventor’s Day” the youngster dressed up as Sabin and showed the family pictures.

The one I remember most was Sabin sitting in his Alfa Romeo Duetto that the Italian government gave him for his charitable works.

I thought it should have been worth at least a Ferrari!


19 posted on 10/28/2014 1:16:00 PM PDT by Bartholomew Roberts
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To: oh8eleven

Lot of people today have no memory of this

disease.I believe that I was in those early trials too.

Had two friends in Elementary School that had polio.

One had a withered left arm,but that right arm was strong.

Used to see in magazines pics of those Iron Lungs.

Great discovery Dr Salk made,saved many many lives.


20 posted on 10/28/2014 1:59:30 PM PDT by Harold Shea
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