header logo
Mogo Academy
Latest
COVID: Pfizer to allow developing nations to make its treatment pill
Nov 17, 202109:27 AM
COVID: Pfizer to allow developing nations to make its treatment pill
Mobitel Inner

US drug company Pfizer has penned a deal to allow its experimental COVID-19 treatment pill to be made and sold in 95 developing nations.

 

The deal with the UN-backed Medicines Patent Pool not-for-profit could make the treatment available to 53% of the world’s population.

 

But it excludes several countries that have had large COVID-19 outbreaks, including Brazil.

 

Pfizer says the pill lessens the risk of severe disease in vulnerable adults.

 

In a statement on Tuesday, Pfizer said the agreement will allow local medicine manufacturers to produce the pill “with the goal of facilitating greater access to the global population”.

 

Pfizer will not receive royalties on sales in lower-income countries and said it would waive royalties in all nations included in the agreement while COVID remains a World Health Organization-designated public health emergency.

 

In early November, Pfizer said clinical trials suggest that its COVID-19 pill, Paxlovid, cuts the risk of hospital admission or death by 89% for high-risk adult patients.

 

Charles Gore, director of the Medicines Patent Pool, said in a statement the licence was important as “this oral drug is particularly well-suited for low- and middle-income countries and could play a critical role in saving lives”.

 

Most of the countries included are in Africa or Asia. However, nations like Brazil, China, Russia, Argentina and Thailand, which have experienced major outbreaks, are not part of the deal.

 

Some experts say this is not enough to address inequalities in access to COVID-19 treatments and vaccines.

 

Pfizer and other pharmaceutical companies have also pushed back against calls to lift patents on their COVID jabs.

 

Doctors Without Borders said it was “disheartened” that the deal doesn’t make Pfizer’s COVID-19 pills available everywhere in the world in a statement to the Associated Press.

 

“The world knows by now that access to COVID-19 medical tools needs to be guaranteed for everyone, everywhere, if we really want to control this pandemic,” the group’s legal policy adviser Yuanqiong Hu said.

 

In October, another drugmaker, Merck, announced a similar deal with the Medicines Patent Pool to allow manufacturers to produce its own COVID-19 pill, molnupiravir.

 


Source: BBC
-Agencies

 

 

 

MostRead
Mobitel Upahara
VideoStories
Govt has belittled and ridiculed country's farmers - MP Dilith Jayaweera

Govt has belittled and ridiculed country's farmers - MP Dilith Jayaweera

Who supplied fake QR stickers found on liquor bottles? MP Harsha de Silva questions

Who supplied fake QR stickers found on liquor bottles? MP Harsha de Silva questions

Farmers raise concerns over unopened govt paddy warehouses

Farmers raise concerns over unopened govt paddy warehouses

Over 1,500 fatalities reported from road accidents so far this year - Sri Lanka Police

Over 1,500 fatalities reported from road accidents so far this year - Sri Lanka Police

Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Former IGP C.D. Wickramaratne found dead in suspected suicide at Malabe residence

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

Appeal Courts postpones further hearing of Suresh Sallay’s writ petition to July 21

“Democracy must be defended from elected leaders” - Former BASL President

“Democracy must be defended from elected leaders” - Former BASL President

Multiple raids conducted at hospitals and medical labs to safeguard public safety

Multiple raids conducted at hospitals and medical labs to safeguard public safety

Cardinal Ranjith files intervening petition seeking dismissal of Suresh Sallay's plea

Cardinal Ranjith files intervening petition seeking dismissal of Suresh Sallay's plea

 Negombo Prison clash : Further hearing of case adjourned until July 23

Negombo Prison clash : Further hearing of case adjourned until July 23

Minister Lalkantha asserts no further increase in paddy prices despite farmer protests

Minister Lalkantha asserts no further increase in paddy prices despite farmer protests

Dengue cases rise to 72,430 islandwide as prevention programmes continue in 63 MOH divisions

Dengue cases rise to 72,430 islandwide as prevention programmes continue in 63 MOH divisions

Opposition submits UN complaint over proposal to extend judges’ retirement age

Opposition submits UN complaint over proposal to extend judges’ retirement age

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Dengue cases surge with 15,856 reported in first half of July; Gampaha District tops figures

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Wimal Weerawansa’s brother remanded over alleged misuse of state-owned vehicles

Lassana Flora