We are not medical professionals here at Condor Capital, nor are we looking to engage in any moral debates…but a recent study by the Johns Hopkins Bloomberg School of Public Health’s International Vaccine Access Center highlighted some exceptional investment returns that caught our eye.
…the researchers assessed the economic benefits of vaccines in 94 low- and middle-income countries using projected vaccination rates from 2011 to 2020. When looking only at costs associated with illness, such as treatment costs and productivity losses, the return was $16 for every dollar spent on vaccines. In a separate analysis taking into account the broader economic impact of illness, vaccinations save $44 for every dollar spent.
Now those aren’t numbers to sneeze at!
To read the full article over at Science Daily, please click here.