Big Pharma plans price hikes for COVID-19 vaccines
March 22, 2021: With significant problems emerging in global distribution of COVID-19 vaccines, the issue of vaccine prices is now emerging as another major problem for a fair, effective and rapid global vaccination program.
The World Trade Organisation rules give 20-year monopoly patents for medicines, which empowers a few global corporations to determine both supply and price, but these rules were never designed for a global pandemic.