Tuesday, July 8, 2025
  • Home
  • National
  • International
  • Movies
  • Technology
  • Business
  • Fitness
  • Lifestyle
  • Punjab
  • Contact us
No Result
View All Result
No Result
View All Result
Home International

Pfizer agrees to let other companies make its Covid-19 pill to be used in 95 countries | World News

by author
November 16, 2021
in International
0
Pfizer agrees to let other companies make its Covid-19 pill to be used in 95 countries | World News
0
SHARES
49
VIEWS
Share on FacebookShare on Twitter

Related posts

How Russian Ministers Death Post-Dismissal Mirrors Critics Fate

How Russian Ministers Death Post-Dismissal Mirrors Critics Fate

July 8, 2025
India Abstains From UN Resolution On Afghanistan, Calls For Efforts To End Exploitation Of Afghan Soil For Terrorism | India News

India Abstains From UN Resolution On Afghanistan, Calls For Efforts To End Exploitation Of Afghan Soil For Terrorism | India News

July 8, 2025


London: Drugmaker Pfizer Inc. has signed a deal with a U.N.-backed group to allow other manufacturers to make its experimental COVID-19 pill, a move that could make the treatment available to more than half of the world’s population.

In a statement issued Tuesday, Pfizer said it would grant a license for the antiviral pill to the Geneva-based Medicines Patent Pool, which would let generic drug companies produce the pill for use in 95 countries, making up about 53 per cent of the world’s population.

The deal excludes some large countries that have suffered devastating coronavirus outbreaks. For example, while a Brazilian drug company could get a license to make the pill for export to other countries, the medicine could not be made generically for use in Brazil. Still, health officials said the fact that the deal was struck even before Pfizer’s pill has been authorised anywhere, could help to end the pandemic quicker.

READ | Antiviral pill cuts risk of severe COVID-19 by 89%: Pfizer

“It’s quite significant that we will be able to provide access to a drug that appears to be effective and has just been developed, to more than 4 billion people,” Esteban Burrone, head of policy at the Medicines Patent Pool, said.

He estimated that other drugmakers would be able to start producing the pill within months, but acknowledged the agreement wouldn’t please everyone.

“We try to strike a very delicate balance between the interests of the (company), the sustainability required by generic producers and most importantly, the public health needs in lower and middle-income countries,” Burrone said.

Under the terms of the agreement, Pfizer will not receive royalties on sales in low-income countries and will waive royalties on sales in all countries covered by the agreement while COVID-19 remains a public health emergency.

Earlier this month, Pfizer said its pill cut the risk of hospitalisation and death by nearly 90% in people with mild to moderate coronavirus infections. Independent experts recommended halting the company’s study based on its promising results.

Pfizer said it would ask the U.S. Food and Drug Administration and other regulators to authorize the pill as soon as possible.

Since the pandemic erupted last year, researchers worldwide have raced to develop a pill to treat COVID-19 that can be taken at home easily to ease symptoms, speed recovery and keep people out of the hospital. At the moment, most COVID-19 treatments must be delivered intravenously or by injection.

Britain authorized Merck’s COVID-19 pill earlier this month, and it is pending approval elsewhere. In a similar deal with the Medicines Patent Pool announced in October, Merck agreed to let other drugmakers make its COVID-19 pill, molnupiravir, available in 105 poorer countries.

Doctors Without Borders said it was ‘disheartened’ that the Pfizer deal does not make the drug available to the entire world, noting that the agreement announced Tuesday also excludes countries including China, Argentina and Thailand.

“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,” said Yuanqiong Hu, a senior legal policy adviser at Doctors Without Borders.

The decisions by Pfizer and Merck to share their COVID-19 drug patents stands in stark contrast to the refusal of Pfizer and other vaccine-makers to release their vaccine recipes for wider production. A hub set up by the World Health Organization in South Africa intended to share messenger RNA vaccine recipes and technologies has not enticed a single pharmaceutical to join.

Fewer than 1% of Pfizer’s COVID-19 shots have gone to poorer countries.

Robbie Silverman of Oxfam America welcomed Pfizer’s agreement to let other makers produce its COVID antiviral, but he noted that billions would still be left without access, including to the company’s vaccine.

“This move also begs the important question: If Pfizer can share data and intellectual property on a medicine, why have they so far categorically refused to do so for their COVID vaccine?” Silverman said. 

Live TV





Source link

Previous Post

CoinSpot Referral Code: REFG3PUNE ($10 Free Bitcoin Bonus)

Next Post

New age investing: Why cryptocurrency is the new investment fad?

Related Posts

How Russian Ministers Death Post-Dismissal Mirrors Critics Fate
International

How Russian Ministers Death Post-Dismissal Mirrors Critics Fate

July 8, 2025
India Abstains From UN Resolution On Afghanistan, Calls For Efforts To End Exploitation Of Afghan Soil For Terrorism | India News
International

India Abstains From UN Resolution On Afghanistan, Calls For Efforts To End Exploitation Of Afghan Soil For Terrorism | India News

July 8, 2025
Indian Travellers With U.S. Visas Can Now Enter 17 Countries Without A Visa – Here’s The Full List | World News
International

Indian Travellers With U.S. Visas Can Now Enter 17 Countries Without A Visa – Here’s The Full List | World News

July 8, 2025
From Slave To Superpower – How The U.S. Rose From British Colony To Global Warlord
International

From Slave To Superpower – How The U.S. Rose From British Colony To Global Warlord

July 7, 2025
Why Argentina Collapsed 7 Times? PM Modi’s Visit Revives The Story Of A Fallen Nation That Was Richer Than Europe | World News
International

Why Argentina Collapsed 7 Times? PM Modi’s Visit Revives The Story Of A Fallen Nation That Was Richer Than Europe | World News

July 7, 2025
Indians In UAE Gave Up Citizenship, Paid Big For ‘Second Passport’ – Now The West Is Locking Them Out | World News
International

Indians In UAE Gave Up Citizenship, Paid Big For ‘Second Passport’ – Now The West Is Locking Them Out | World News

July 7, 2025
Next Post
New age investing: Why cryptocurrency is the new investment fad?

New age investing: Why cryptocurrency is the new investment fad?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

An Alternate World: Alternative lifestyles & materials can help reverse environmental impact of climate change

An Alternate World: Alternative lifestyles & materials can help reverse environmental impact of climate change

4 years ago
Grab Last-Minute Taylor Swift Tickets Before Eras Tour Ends in 2024 | India News

Grab Last-Minute Taylor Swift Tickets Before Eras Tour Ends in 2024 | India News

1 year ago
AS Roma win first UEFA Europa conference league title, Jose Mourinho achieves THIS feat | Football News

AS Roma win first UEFA Europa conference league title, Jose Mourinho achieves THIS feat | Football News

3 years ago
Discoms’ outstanding dues to gencos fall 11.2 pc to Rs 81,628 cr in April

Discoms’ outstanding dues to gencos fall 11.2 pc to Rs 81,628 cr in April

4 years ago

BROWSE BY CATEGORIES

  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fitness
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel

BROWSE BY TOPICS

Architecture culture Fitness indian architecture indian culture indian culture and heritage indian news lifestyle national news Technology technology news Travel travelling

About Us

Awaj Ludhiana Ki

Address

2667/3, Kishore Nagar, Tajpur & Jail Road, Ludhiana – 141008

Recent News

  • Gopal Khemka Murder Accused Killed In Police Encounter, JDU Leader Says CM Monitoring
  • How Russian Ministers Death Post-Dismissal Mirrors Critics Fate
  • Sarah Jane Dias joins the cast of Lakadbaggha 2 – The Monkey Business as Anshuman Jha welcomes her into the expanding animal-lover vigilante universe : Bollywood News
  • Over 25 Crore Workers To Strike Against Govt, Know Whats Open And Whats Closed?
  • RTI Reveals Spy Suspect Jyoti Malhotra Was Kerala Govts State Guest; Custody Extended Till July 21

Category

  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fitness
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel

Search

No Result
View All Result

Email

[email protected]

  • About
  • Advertise
  • Careers

Copyright © 2019 Awaj Ludhiana Ki or it's affiliates | Website by Awaj Ludhiana Ki Team

No Result
View All Result
  • Home
  • Contact us
  • Animals
  • Architecture
  • Automobiles
  • Business
  • Culture
  • Fashion
  • Fitness
  • Food
  • International
  • Lifestyle
  • Movies
  • National
  • Sports
  • Technology
  • Travel
  • Punjab

Copyright © 2019 Awaj Ludhiana Ki or it's affiliates | Website by Awaj Ludhiana Ki Team

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In