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Vaccinating the poorest half against the corona virus would cost less than the largest pharmaceutical companies earn

May 15, 2020

NGO Oxfam Intermón said Thursday that vaccinating the poorest half of humanity, around 3.7 billion people, against the coronavirus could cost less than what the top ten pharmaceutical companies earn in four months.

According to Oxfam, the cost of obtaining and developing a safe and effective vaccine for the world’s poorest people is estimated by the Gates Foundation to be $ 25 billion. Last year, the organization recalled, the world’s ten largest pharmaceutical companies earned 89,000 million services, an average of 30,000 every four months.

With this in mind, the organization has indicated that after the development of vaccines and treatments against coronaviruses there is a “high risk” that the governments of the richest and most powerful countries in the world will take the lead from poor countries, “as they do for other important countries medical supplies such as personal protective equipment and oxygen have been done, “related to the pandemic.

Vaccinating the poorest half against the corona virus would cost less than the largest pharmaceutical companies earnVaccinating the poorest half against the corona virus would cost less than the largest pharmaceutical companies earn

He also warned that rich countries and large pharmaceutical companies “driven by national or private interests” could “prevent or delay” the vaccine from reaching the most vulnerable.

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