Pfizer to provide access to low income countries for Covid pill
Darpan News Desk IANS, 16 Nov, 2021 09:08 AM
New Delhi, Nov 16 (IANS) Pfizer Inc and the Medicines Patent Pool (MPP), a United Nations-backed public health organisation working to increase access to life-saving medicines for low- and middle-income countries, on Tuesday announced the signing of a voluntary license agreement for Pfizer's Covid-19 oral antiviral treatment candidate which is administered in combination with low dose ritonavir.
The agreement will enable MPP to facilitate additional production and distribution of the investigational antiviral, pending regulatory authorization or approval, by granting sub-licenses to qualified generic medicine manufacturers, with the goal of facilitating greater access to the global population.
Under the terms of the head license agreement between Pfizer and MPP, qualified generic medicine manufacturers worldwide that are granted sub-licenses will be able to supply PF-07321332 in combination with ritonavir to 95 countries, covering up to approximately 53 per cent of the world's population.
This includes all low-and lower-middle-income countries and some upper-middle-income countries in Sub-Saharan Africa as well as countries that have transitioned from lower-middle to upper-middle-income status in the past five years.
Pfizer will not receive royalties on sales in low-income countries and will further waive royalties on sales in all countries covered by the agreement while Covid-19 remains classified as a Public Health Emergency of International Concern by the World Health Organization.
"Pfizer remains committed to bringing forth scientific breakthroughs to help end this pandemic for all people. We believe oral antiviral treatments can play a vital role in reducing the severity of Covid-19 infections, decreasing the strain on our healthcare systems and saving lives," said Albert Bourla, Chairman and Chief Executive Officer, Pfizer. "We must work to ensure that all people - regardless of where they live or their circumstances - have access to these breakthroughs, and we are pleased to be able to work with MPP to further our commitment to equity."
"This license is so important because, if authorized or approved, this oral drug is particularly well-suited for low-and middle-income countries and could play a critical role in saving lives, contributing to global efforts to fight the current pandemic," said Charles Gore, Executive Director of MPP. "PF-07321332 is to be taken together with ritonavir, an HIV medicine we know well, as we have had a license on it for many years, and we will be working with generic companies to ensure there is enough supply for both Covid-19 and HIV."
Two Indian-origin restaurateurs have been banned from the formation, promotion or management of a company without permission of the court over tax evasion, which caused the UK tax department losses of more than 4 million pounds.
The UK Government on Friday stepped in to decide the future of Ambedkar House in north London, threatened with closure due to an alleged breach of local planning rules.
India was the leading country of origin of international migrants in 2019 with a 17.5 million strong diaspora, according to new estimates released by the United Nations, which said the number of migrants globally reached an estimated 272 million.
Every fourth non-resident foreign national in the US in 2016 was an Indian, according to a report which states that about 60 per cent of the resident non-immigrants were citizens of Asian countries, with those from China accounting for 15 per cent.
