As the race to develop a vaccine for the coronavirus speeds up, the pharmaceutical industry is being careful to not set any dangerous precedent that may weaken their future intellectual property rights, a senior executive at IHS Markit said Thursday.that are in development for Covid-19. Currently, 21 candidate vaccines are in clinical trials, meaning they are being tested on human volunteers. Three are reportedly in the third phase of those trials.
"With vaccine development for Covid-19, pharmaceutical companies are certainly being very careful," Milena Izmirlieva, director of life sciences research at IHS Markit, said on CNBC's "She explained there have been calls for future Covid-19 vaccines to be treated as a public good, which would mean that they would be provided to everyone, without profit.
"That suggests that there is, as far as policymakers are concerned, an understanding that there could be potential weakening of intellectual property rights for a future successfully developed vaccine," she said, adding it "would be priced at a level that allows it to be widely used on a global level."
Translation: yes, they are going to fuck you hard, even during a pandemic. No, they will not apologizing for allowing your mother to die because you’re poor and can’t afford it. Hope the advertising or packaging reads: plata o plomo.
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