GoodTaste
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Does "Pfizer passed on such development money" mean "Pfizer gave such development money (to other companies)"? I am not sure it is the meaning, because that is not your money, how could you give it to others?
Free dict has this definition: pass on (something)1. To give, transmit, transfer, or deliver something. The noun or pronoun can also be used between "pass" and "on."
Is Pfizer authorized to tranfer the money? Not sure.
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Moderna received $1 billion from the U.S. government’s Operation Warp Speed to help develop its mRNA vaccine. (Pfizer passed on such development money, but has signed an advanced purchase order for its vaccine with Warp Speed.) Moderna CEO Stéphane Bancel says all of the federal money went toward staging the clinical trials, and that without it, progress surely would have been delayed. Investors in May contributed another $1.3 billion to help the young company, which has no products on the market, build facilities to produce its vaccine.
Source: Science Nov.30, 2020
Free dict has this definition: pass on (something)1. To give, transmit, transfer, or deliver something. The noun or pronoun can also be used between "pass" and "on."
Is Pfizer authorized to tranfer the money? Not sure.
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Moderna received $1 billion from the U.S. government’s Operation Warp Speed to help develop its mRNA vaccine. (Pfizer passed on such development money, but has signed an advanced purchase order for its vaccine with Warp Speed.) Moderna CEO Stéphane Bancel says all of the federal money went toward staging the clinical trials, and that without it, progress surely would have been delayed. Investors in May contributed another $1.3 billion to help the young company, which has no products on the market, build facilities to produce its vaccine.
Source: Science Nov.30, 2020