Close X
Wednesday, November 27, 2024
ADVT 
International

Pfizer to provide access to low income countries for Covid pill

Darpan News Desk IANS, 16 Nov, 2021 09:08 AM
  • Pfizer to provide access to low income countries for Covid pill

New Delhi, Nov 16 (IANS) Pfizer Inc and the Medicines Patent Pool (MPP), a United Nations-backed public health organisation working to increase access to life-saving medicines for low- and middle-income countries, on Tuesday announced the signing of a voluntary license agreement for Pfizer's Covid-19 oral antiviral treatment candidate which is administered in combination with low dose ritonavir.

The agreement will enable MPP to facilitate additional production and distribution of the investigational antiviral, pending regulatory authorization or approval, by granting sub-licenses to qualified generic medicine manufacturers, with the goal of facilitating greater access to the global population.

Under the terms of the head license agreement between Pfizer and MPP, qualified generic medicine manufacturers worldwide that are granted sub-licenses will be able to supply PF-07321332 in combination with ritonavir to 95 countries, covering up to approximately 53 per cent of the world's population.

This includes all low-and lower-middle-income countries and some upper-middle-income countries in Sub-Saharan Africa as well as countries that have transitioned from lower-middle to upper-middle-income status in the past five years.

Pfizer will not receive royalties on sales in low-income countries and will further waive royalties on sales in all countries covered by the agreement while Covid-19 remains classified as a Public Health Emergency of International Concern by the World Health Organization.

"Pfizer remains committed to bringing forth scientific breakthroughs to help end this pandemic for all people. We believe oral antiviral treatments can play a vital role in reducing the severity of Covid-19 infections, decreasing the strain on our healthcare systems and saving lives," said Albert Bourla, Chairman and Chief Executive Officer, Pfizer. "We must work to ensure that all people - regardless of where they live or their circumstances - have access to these breakthroughs, and we are pleased to be able to work with MPP to further our commitment to equity."

"This license is so important because, if authorized or approved, this oral drug is particularly well-suited for low-and middle-income countries and could play a critical role in saving lives, contributing to global efforts to fight the current pandemic," said Charles Gore, Executive Director of MPP. "PF-07321332 is to be taken together with ritonavir, an HIV medicine we know well, as we have had a license on it for many years, and we will be working with generic companies to ensure there is enough supply for both Covid-19 and HIV."

MORE International ARTICLES

New York CBS reporter Nina Kapur passes away at 26 in a moped accident

New York CBS reporter Nina Kapur passes away at 26 in a moped accident
Some heartbreaking news a reporter of Indian origin who worked for New York’s CBS affiliate CBS2 was killed Saturday after falling from one of the rented mopeds that have become increasingly popular in a city still not keen on using traditional mass transit.

New York CBS reporter Nina Kapur passes away at 26 in a moped accident

UK makes a COVID vaccine that can trigger an immune response

UK makes a COVID vaccine that can trigger an immune response
The University of Oxford has developed a coronavirus vaccine that appears safe and can trigger the immune response. England has already ordered 100 million doses of the vaccine.    

UK makes a COVID vaccine that can trigger an immune response

Fahim Saleh, the tech entrepreneur's assistant in custody over Saleh's murder

Fahim Saleh, the tech entrepreneur's assistant in custody over Saleh's murder
According to a law enforcement official,Fahim Saleh the tech entrepreneur's assistant was in custody Friday in connection with the dismemberment of Saleh at his luxury Manhattan condo.

Fahim Saleh, the tech entrepreneur's assistant in custody over Saleh's murder

Chinese executives get 'pre-test' injections in vaccine race

Chinese executives get 'pre-test' injections in vaccine race
In the global race to make a coronavirus vaccine, a state-owned Chinese company is boasting that its employees, including top executives, received experimental shots even before the government approved testing in people.

Chinese executives get 'pre-test' injections in vaccine race

New peak of 71K US overdose deaths in 2019 dashes hopes

New peak of 71K US overdose deaths in 2019 dashes hopes
Nearly 71,000 Americans died of drug overdoses last year, a new record that predates the COVID-19 crisis, which the White House and many experts believe will drive such deaths even higher.

New peak of 71K US overdose deaths in 2019 dashes hopes

US President Donald Trump seen wearing a mask in public for the first time.

US President Donald Trump seen wearing a mask in public for the first time.
For the first time President Donald Trump wore a mask in public during his visit to a military hospital as he took a short helicopter ride to a hospital Saturday night. The president’s decision to wear a mask came amidst a spike in cases in the US and after aides and experts urged him to follow his own government’s guidelines on face coverings.

US President Donald Trump seen wearing a mask in public for the first time.