HealthcarePfizer to offer low-cost medicines, vaccines to poor nations

Pfizer to offer low-cost medicines, vaccines to poor nations


Pfizer said Wednesday that it will provide nearly two dozen products, including its top-selling COVID-19 vaccine and treatment, at not-for-profit prices in some of the world’s poorest countries.

The drugmaker announced the program at the World Economic Forum’s annual gathering in Davos, Switzerland, and said it was aimed at improving health equity in 45 lower-income countries. Most of the countries are in Africa, but the list also includes Haiti, Syria, Cambodia and North Korea.

The products, which are widely available in the U.S. and the European Union, include 23 medicines and vaccines that treat infectious diseases, some cancers and rare and inflammatory conditions. Company spokeswoman Pam Eisele said only a small number of the medicines and vaccines are currently available in the 45 countries.

New York-based Pfizer will charge only manufacturing costs and “minimal” distribution expenses, Eisele said. It will comply with any sanctions and all other applicable laws.

Earlier this month, the head of the World Health Organization called on Pfizer to make its COVID-19 treatment more widely available in poorer countries. Pfizer has said its COVID-19 vaccine, Comirnaty, is already being provided to poorer counties at a not-for-profit rate through the U.S. government, which buys the shots and then distributes them for free.

Comirnaty brought in nearly $37 billion in sales last year, and analysts expect the company’s COVID-19 treatment Paxlovid to add almost $24 billion this year, according to the data firm FactSet.



Original Source Link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Friendships with rich people may help lift children out of poverty

Relationships can have a profound influence on a life, from the schools that people attend to the jobs...

Manor House Where Audrey Hepburn Played Sabrina Hits The Market

A classic red brick Georgian house from 1917 is...

How GIANT Are These Meatballs?!? And…

Consistency is one of the most important things at a restaurant! And Lavo LasVegas at The Palazzo delivers...

Must Read

Ben Affleck Goes Clean Shaven On Solo Outing Before 50th Birthday – Hollywood Life

View gallery Ben Affleck looked content during a recent sunny...

Hot US labour data fuel rate rise expectations

This article is an on-site version of our...
- Advertisement -

You might also likeRELATED
Recommended to you