Covax, the UN-Backed Vaccine Initiative, Is Reportedly Out of Money

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Covax is reportedly out of money, a potential disaster as pharmaceutical companies and the governments of rich nations continue to deny the developing world the ability to produce vaccines on their own soil.

Since the first coronavirus vaccines were administered in late 2020, public health campaigners have been warning that trickles of charitable donations from rich countries to the developing world will never be enough to ensure equitable, worldwide access to the lifesaving shots., a potential disaster for low-income countries that have come to depend on the United Nations-backed initiative

The lack of funds is especially worrisome as pharmaceutical companies and the governments of rich nations continue to deny the developing world the ability to produce vaccines on their

 

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