How drug companies are sidestepping the WHO’s tech transfer hub in Africa

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 77%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The actions of the patent holders can be understood on the basis that they wish, at all costs, to avoid the prospect of compulsory licensing Moderna Covid19 vaccines. mRNA

Pharmaceutical company Moderna announced on March 7, 2022 that it would develop a site in Kenya to manufacture Covid-19 vaccines. The company holds much of the key intellectual property relating to the messenger RNA vaccines. Due to their higher efficacy, mRNA vaccines are the preferred option in developed countries. They account for 92% of all vaccinations to date in the US and European Union.

The Cape Town hub is supported by a range of partners who bring expertise, experience and resources, all of which are essential for a successful technology transfer. The idea of reproducing these key inputs at other sites seems counter-intuitive. Patents and profits in pharmaceuticals The decisions of the drug manufacturers are reminiscent of the struggle over patents for HIV drugs which took place in South Africa during the early 2000s.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa is getting a new state-owned company – what you should knowGovernment plans to establish a centralised shareholding company to help it control its existing state-owned enterprises, says president Cyril Ramaphosa. Quango quango quango quango
Source: BusinessTechSA - 🏆 24. / 61 Read more »