According to the International Federation of Pharmaceutical Manufacturers and Associations , there is now broad acknowledgement that supplies of Covid-19 vaccines have outstripped demand, and manufacturing of treatments for people who have contracted Covid-19 or who are unable to be vaccinated is on track thanks, in part, to widescale voluntary licensing.
The biopharmaceutical industry renews its commitment to join all players in doubling-down and focusing efforts on supporting country readiness and contributing to equitable distribution, with a particular focus on the highest risk populations. More than half of the doses forecast to be produced this year will be Covid-19 vaccines produced by companies member of IFPMA, together with partners who are in technology transfer agreements with them. In parallel to Covid-19 vaccine manufacturing, innovation into broader spectrum vaccines to tackle the pandemic continues apace, with combination vaccines or vaccines that are easier to transport and administer.
“We remain steadfast in our verdict that the proposed World Trade Organization’s TRIPS waiver is a solution in search of a problem. It is a distraction and is misleading in its promise of equity for this pandemic. And it sends the wrong signal to innovators for future pandemics,” he concluded.
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