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Even Less Incentive for Pharma to Innovate Threatens Global Health & Our Economy
As mass vaccination in the United States beats back the fourth wave of the COVID-19 pandemic, pharmaceutical manufacturers should be having their day in the sun. Instead, they’re again in the crosshairs of Washington, the Biden administration having just announced it will support stripping intellectual property protections for COVID-19 vaccines.
On its own, this move will do nothing to speed global vaccine availability. Pfizer’s vaccine sources 280 components from 86 suppliers, and manufacturing, storing and distributing today’s doses also requires technical expertise and infrastructure that isn’t in place in the countries in most immediate need.
This article was originally published on Forbes.com.