Rich nations are hoarding potential COVID-19 vaccine doses: Oxfam

Rich nations are hoarding potential COVID-19 vaccine doses: Oxfam
CDC Director Dr. Robert Redfield visited the NIH on June 12, 2018. In this image Dr. Redfield visits the Vaccine Research Center and learns about universal flu vaccine development. Dr. Anthony Fauci (r), Director of NIAID, accompanied the visit. Credit: National Institutes of Health

Oxfam on Thursday reiterated its call for a "people's vaccine" as the anti-poverty group released a new analysis showing that a handful of rich nations representing just 13 percent of the world's population have snatched up over half of the promised Covid-19 vaccine doses.


"Access to a life-saving vaccine shouldn't depend on where you live or how much money you have," Robert Silverman, advocacy manager in Oxfam America's Private Sector department, said in a statement.

"The development and approval of a safe and effective vaccine is crucial," he said, "but equally important is making sure the vaccines are available and affordable to everyone."

In its findings, based on data from science analytics company Airfinity, Oxfam notes that nine vaccines are currently going through phase 3 clinical trials. Supply deals are known for five of those potential vaccines, and are being developed pharmaceutical giants by AstraZeneca, Gamaleya/Sputnik, Moderna, Pfizer and Sinovac.

The analysis comes amid swelling calls from global leaders, health experts, and groups including Oxfam for a so-called people's vaccine for the novel coronavirus. That effort would put the needs of public health above corporate profits and reject nationalist approaches towards vaccine acquisition.

According to Oxfam, out of supply deals inked for 5.3 billion doses, 51 percent—2.728 billion—were bought by wealthy nations including the U.K., U.S., Australia, Hong Kong and Macau, Japan, Switzerland, and Israel, and well as the European Union.

The group further warns that even if the five potential vaccines turn out to be sufficiently safe and effective—an unlikely scenario—the coming year would still be marked by the public health crisis because 61% of the world's population would likely not have a vaccine until at least 2022.

As Silverman noted in his statement, "Covid-19 anywhere is Covid-19 everywhere."

That simply underscores the need for a people's vaccine, says Chema Vera, interim executive director of Oxfam International.

"Governments will prolong this crisis in all of its human tragedy and economic damage if they allow pharmaceutical companies to protect their monopolies and profits," said Vera.

"No single corporation will ever be able to meet the world's need for a ovid-19 vaccine," he said, urging companies to "share their knowledge free of patents and to get behind a quantum leap in production to keep everyone safe."

"We need a people's vaccine, not a profit vaccine," Vera said.

#story_page_post_article

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal
{{ post.roar_specific_data.api_data.analytics }}

Don't Sit on the Sidelines of History. Join Alternet All Access and Go Ad-Free. Support Honest Journalism.