Big Pharma's 'Appalling' $26 Billion in Shareholder Payouts Could Fund Vaccines for All of Africa: Report
"Instead of creating new vaccine billionaires, we need to be vaccinating billions in developing countries."
As wealthy nations swallow up much of the existing supply, developing countries are left largely without access to vaccines as coronavirus infections
continue to surge globally, fueling
warnings that vaccine-resistant strains could spread widely and prolong the deadly pandemic.
According to the World Health Organization (WHO), less than 2% of the hundreds of millions of coronavirus vaccine doses that have been administered globally have gone to people in Africa, the world's second-most populous continent. More broadly, the WHO
said earlier this monththat just one in 500 people in low-income countries have been vaccinated, compared to nearly one in four people in rich nations.
"Instead of creating new vaccine billionaires, we need to be vaccinating billions in developing countries."
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