A report in Daily Finance discussed the recent revelation that a 1998 study conducted by Dr. Andrew Wakefield is fraudulent. His study concluded that some development of autism is linked to vaccinations for common childhood diseases. The article discusses the impacts the discovery of this lie will have on scientific research, but it has also had a significant financial impact. That aspect is further discussed in this article.
Unfortunately, this act of deception has cast a financial burden on a lot of families. A vaccination is normally far less expensive than the cost of treatment for a disease, especially if the disease is serious. A lot of parents chose to forgo the vaccine. They saved money in the short term and believed that they were actually helping their children, with an opportunity cost of a chance of avoiding other diseases for their child. Now they're finding out that they misinterpreted the value of avoiding the vaccines, and now their children may have to suffer for it.
Dr. Wakefield's study definitely affected research at the time of its publication as well. If the public thought that vaccines were causing a serious disorder, support for funding for vaccine developers was probably cut. On the other hand, if they thought that they could no longer rely on vaccines to prevent diseases such as the measles, more money may have been put into finding an alternative method of prevention.
The discovery that Wakefield's study was a lie has an impact on a lot more research than just disease control because it discredited scientific discovery as a whole. It has made the people more wary of scientific publications and developments, especially if they're groundbreaking. If people don't trust scientists, they won't give them funding. If scientists don't have as many resources, they can't work at maximum efficiency, and lack of efficiency means a lack of production of results.