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Reuters
Reuters
Business
By Natalie Grover

As COVID patent war rages on, pharma group seeks fairer future access

FILE PHOTO: Protesters display banners against vaccine patents outside the Cambridge AstraZeneca site, amid the coronavirus disease (COVID-19) pandemic, in Cambridge, Britain, May 11, 2021. REUTERS/Andrew Couldridge/File Photo

An alliance of companies has pledged to ensure equitable access to vaccines and treatments for pandemics, as the friction around intellectual property rights for COVID-19 interventions between the pharmaceutical industry and developing nations endures.

At the heart of the plan is a commitment to set aside part of the production of vaccines and treatments upfront for vulnerable populations in low-income countries when the next pandemic arises, given how fragmented access to COVID tools has left many populations unprotected.

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