Pfizer Offers Low-Cost Drugs And Vaccines—Including Covid Treatments—To World’s Poorest Countries

Pfizer Offers Low-Cost Drugs And Vaccines—Including Covid Treatments—To World’s Poorest Countries

Share to Linkedin Pharmaceutical giant Pfizer on Wednesday said it will make its entire portfolio of patented medicines and vaccines available to low-income countries on a not-for-profit basis in a bid to narrow the global healthcare gap that came under renewed scrutiny during the Covid-19 pandemic. Pfizer CEO announced an initiative to make low-cost drugs available to lower-income countries. The U. S. drugmaker said it would sell its patented medicines and vaccines available in the U. S. and EU on a not-for-profit basis to the world's poorest countries. The initiative, announced at the World Economic Forum's annual meeting in Davos, Switzerland, will make 23 medicines and vaccines available to treat infectious diseases, some cancers and rare and inflammatory diseases, the company said, including Covid-19, leukemia, breast cancer, pneumonia and meningitis. The scheme, part of Pfizer's "An Accord for a Healthier World" initiative, will cover 1. 2 billion people living in 45 lower-income countries. Five countries—Uganda, Malawi, Senegal, Ghana and Rwanda—have already joined the accord and will work to identify other barriers to healthcare beyond the supply of medicines, such as supply chain management, policy and medical education. The learnings from these five countries will be "applied to support the roll