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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Pfizer Offers to Sell Medicines at Cost to Poorest Countries

Vials labelled "COVID-19 Coronavirus Vaccine" and sryinge are seen in front of displayed Pfizer logo in this illustration taken, February 9, 2021. REUTERS/Dado Ruvic/Illustration

US pharmaceutical giant Pfizer on Wednesday said it would sell its patented drugs on a not-for-profit basis to the world's poorest countries, as part of a new initiative announced at the World Economic Forum in Davos.

"The time is now to begin closing this gap" between people with access to the latest treatments and those going without, chief executive Albert Bourla told attendees at the exclusive Swiss mountain resort gathering.

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