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Rich countries buy out Covid-19 vaccine stocks, poorer nations could lack them

Source : 112 Ukraine

People's Vaccine Alliance claims that "rich nations have already bought 54% of the total stock of the world's most promising vaccines, despite being home to just 14% of the global population"
14:21, 9 December 2020

American biotech company Pfizer
Sky News

The media warn that the world's stocks of promising vaccines are definitely not enough to meet the needs of all nations. That particularly concerns poorer countries, as rich countries seem to be gradually buying out the vaccine supplies. Reuters reported that, citing People's Vaccine Alliance, the union of NGOs that includes Oxfam, Amnesty International and Global Justice Now.

According to the statement by People's Vaccine Alliance, "just one in 10 people in dozens of poor countries will be able to get vaccinated against the coronavirus because wealthy countries have hoarded more doses than they need (...) Rich nations have bought 54% of the total stock of the world's most promising vaccines, despite being home to just 14% of the global population".

Related: Sinovac vaccine effectiveness not finally proved, - Bio Farma

The human rights defenders ask the vaccines' developers to share technologies so that more doses could be produced and, thus, accessed at the world market.

"This shouldn't be a battle between countries to secure enough doses. During these unprecedented times of a global pandemic, people's lives and livelihoods should be put before pharmaceutical company profit", Mohga Kamal-Yanni, the advisor for People's Vaccine Alliance told Reuters.

Related: Restoration of air traffic in EU to depend on start of vaccination of passengers, - Ukrainian State Air Traffic Services

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