Rich nations have cornered half of future Covid-19 vaccine supply: Oxfam - News Summed Up

Rich nations have cornered half of future Covid-19 vaccine supply: Oxfam


A group of wealthy nations representing 13 percent of the global population have already bought up more than half of the promised doses of future Covid-19 vaccines , according to a report by Oxfam on Wednesday. The non-governmental organization analyzed deals struck by pharmaceuticals and vaccine producers for the five leading vaccine candidates currently in late-stage trials, based on data collected by the analytics company Airfinity. "Access to a life-saving vaccine shouldn't depend on where you live or how much money you have," said Robert Silverman of Oxfam America. Oxfam calculated the combined production capacity of these five vaccine candidates at 5.9 billion doses, enough for three billion people given that all five future vaccines will or are highly likely to require two doses. The remaining 2.6 billion doses have been bought by or promised to developing countries including India, Bangladesh, China, Brazil, Indonesia and Mexico, among others.


Source: Mint September 17, 2020 00:11 UTC



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