Even with the distribution of COVID-19 vaccines, equality is a problem. Developing countries like the Philippines will have a harder time procuring potential vaccines, as richer countries like the US already ordered billions of doses. READ:
His job is to ensure that future vaccines against COVID-19 will be shared on an equitable basis around the world, but the United States, Europe and other rich countries have already reserved the first doses for themselves.
"The US is potentially in a situation of oversupply if all of the vaccines that they've invested in are successful," Hatchett told AFP in an interview from London. CEPI's negotiations, mainly funded by public and private donations, including from the Gates Foundation, are"ongoing" with other laboratories, but no deal has been announced, not even with the US firm Moderna, in which CEPI invested very early. The several million dollars given to Moderna are no match for the $2.5 billion invested subsequently by the US government.
Despite the competition, Covax hopes that with 172 members, the initiative will be able to negotiate good prices.
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