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Pfizer Will Allow Developing Nations to Make Its COVID Pill
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Science, Business, Other
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9th - 12th Grade
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Hard
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Pfizer announced a deal to make its COVID-19 treatment affordable in 95 poorer nations, covering over half the world's population. The agreement involves a royalty-free license to the Medicines Patent Pool, allowing manufacturers to produce the antiviral pill. Clinical trials show the pill reduces hospitalization risk by 89% in vulnerable adults. This follows a similar deal by Merck, potentially expanding global production of home treatments. Pfizer also submitted the pill for FDA emergency use authorization in the US.
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