WHO warns against coronavirus 'vaccine nationalism and risk of price gouging'

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WHO Director-General Tedros Adhanom Ghebreyesus said that the development of vaccines is risky and some may fail. Spreading the investment in vaccine development among different countries shares the risk of failure and the reward of success.

High demand for a safe and effective vaccine against the coronavirus is already causing competition between countries and could drive prices higher, the World Health Organization's top official warned Thursday.

Tedros encouraged countries to allocate funding toward the the Access to COVID-19 Tools Accelerator, which is a group launched by the WHO, a variety of philanthropic and scientific groups, among others, to accelerate the development, production and distribution of Covid-19 tests, treatments, and vaccines. He said greater investment in the program will bolster international collaboration and allow for a more effective response to the virus, which has infected more than 20.

"Before spending another $10 trillion on the consequences of the next wave, we estimate that the world will need to spend at least $100 billion on new tools, especially any new vaccines that are developed," he said. "The development of vaccines is long, complex, risky and expensive. The vast majority of vaccines in early development fail. The world needs multiple vaccine candidates of different types to maximize the chances of finding a winning solution.

 

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$MNPR let's get it Beat down that COVID19Vic

eyes and melons...the only gouging I know.

Isn’t Moderna going to charge $25 or so for the vaccine? doctors visit co-pay is often more than that. WHO just trying to stay relevant

Is he joking, that’s the whole idea, lots of billionaires will pop up. Everyone will have Coronavirus whether they like it or not

China must be behind in development.

तूम से न हो पाएगा तुम्हारे लक्षण एकदम ठीक नहीं लग रहे हैं हमको That's Ok WHO Chill Do something better

Do they have any credibility left for nations to listen to them?

The only way to beat covid is globalization? Isn’t that what caused the pandemic to spread so widely?

Uncle aap na marr jao.... Bc... Kabhi toh positive baat karo.... Bc

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