Pfizer-BioNTech Vaccine

Navjot Singh

Staff member

The 99.999% article is here.
Import duty, gst will push the price to near ₹1000.
Pfizer Agrees to Let Other Companies Make Its COVID-19 Pill

In a statement issued Tuesday, Pfizer said it would grant a license for the antiviral pill to the Geneva-based Medicines Patent Pool, which would let generic drug companies produce the pill for use in 95 countries, making up about 53% of the world’s population.
The deal excludes some large countries that have suffered devastating coronavirus outbreaks. For example, while a Brazilian drug company could get a license to make the pill for export to other countries, the medicine could not be made generically for use in Brazil.
Yet like the Merck deal, the Pfizer agreement excludes several poorer countries that have been hit hard by the virus. Brazil, which has one of the world’s worst pandemic death tolls, as well as Cuba, Iraq, Libya and Jamaica, will have to buy pills directly from Pfizer, most likely at higher prices compared with what the generics manufacturers will charge. (Those five nations are included in the Merck deal.)

China and Russia — middle-income countries that are home to a combined 1.5 billion people — are excluded from both deals.