coronavirus vaccine latest update and impact on people's lives.COVID vaccine race will win a huge market. what about poor countries, the vaccine will be available for developed countries, pharma companies already make their statement about vaccine availability price .
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Covid 19 vaccine profit race
1. Covid-19 Vaccine Profit Race
ABSTRACT
Corona virus creates a profit race between
pharma companies, First position will get
billions of dollars in price. But poor nations
have to suffer because of their economic
conditions.
USER
MukeshKumar Ray
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2. Covid-19 Vaccine Profit Race
The whole world eagerly waiting for covid-19 vaccine, Covid-19 cases
spread all over the world. It’s alreadyimpacted everycountrieseconomy
and governmentstrying their best strategiestorevive economy. But in the
streamlinepharmaceuticalcompaniesearning moreopportunityin this
pandemic condition, companiesgetting funding from government and
relaxationintermsof medicalrebate. Morethan200 pharmaceuticals
companiesmaking effortsto makeCOVID-19 vaccineand they are in initial
stage, 25 companiesalreadyentered in phasetrial(humanexperiment
phase with limited numbers) and few of them reached in Phase-3trialsand
waiting for results, if everything is on trackvaccinewillbe availablein the
end of 2020.
But some companiesalreadymaketheir intension, vaccinewill be sale on
profit price. Companiessaid we have spent lots of time, resourcesand
funds on research so we need decent returnon our investments. Companies
know very well it’s a lifesaving drugs and alreadyimpacted thewhole world,
and countriesbooking inadvanced so their people get first vaccineand
start industriestoovercomeeconomy crisis. And thisis not possible if
pandemic conditionstillexits. Many politicianalreadyimpacted with
COVID-19 and their sentimentsgive a messageto every level of political
parties, we really need a vaccineto protect people’s life and revive economy.
Covid-19statistics
3. Main Key Vaccine Players
Pfizer and BioNTech,Moderna
USA alreadymakecontract of$2 billionUSD dollars. Stillphase 3 trialsare
going on but clinicalresultsof these companies, showing expected results.
600 million doses contract makewith them, 100 million doses will be
availableon the end of December 2020. Companiessaid theywill charge
$20 for each dose, and in future pricewill be vary from countryto country.
AstraZeneca collaboration with Oxford University
United Kingdom makedeal of 300 million doses from them, as per their
companystatement 1st installment of dose will be availableon end of
December 2020.
Sanofi & GSK, Johnson & Johnson
They alreadyreached to phase 3 trials, and alreadygot a funding of 500
million from BiomedicalAdvanced Research and Development Authority.
At the end of December 2020 vaccinewillbe available.
Bharat Biotech collaboration with ICMR and Pune virology
All countrieskeep an eye on India vaccineprogram. Bharat biotech already
reached to phase1 trialand testing is going on, as par report and
publicationstrailswill becomplete on November or December end, vaccine
will be availableon mid of 2021.
Update on it
These vaccineareon trials, researchersand doctorsare not sure what
would be futureimpact onthis. As per emergencyguidelinesthese vaccine
will be availablein market, but successratedepends upon results. Many
vaccinegiving a side effects on human bodyas par results published in
publications. Its too early comment on successof vaccinetrials, according
to research paper and experts80 to 90% success ratewill be achievenot
100%. But in 2021we have lots of vaccineoptionsin future, becausewhole
world impacted with Covid-19. Every countriesneed these live saving drugs
to protect people’s life.
4. Impact on Developing Countries
Developing nationsalreadyimpacted inboth fronts, their economies
alreadydowngraded and poverty reached to highest level, health
infrastructurealreadycollapsed inthese nations. When we talk about
vaccineavailabilityit will reach to them mid of 2021, becausedeveloped
countriesalreadymaketheir contractswith them, thesedeveloped
countrieswill not survive if vaccinewill not availablefor them in affordable
price.
But companiesalreadymaketheir statement, ininitialstagevaccineprice
will be high on market, not availablein every countriesmarket. Sothose
people or countriescanafford they canavail thisvaccine.
Supreme bodies Role
WHO and United Nationsarenot able to help these developing nations,
lack of funds and resources bound their hands. These supremebodieshave
to come forward tohelp these poor nations, otherwiseritesand atrocities
will be rise on these countries.
Summary
Countriesare facing problemsbecauseof Covid-19 impact, many
pharmaceuticalstrying their best tocomein first position. Countriesare
eagerly waiting for vaccineand readyto pay huge amount. But ignoring to
poor nationsin vaccineavailabilitywillstart new war in world. Vaccine
must be provide to these countriesfor stabilityinthe world, otherwise
impact willbe high on world.
A vaccinewill be availablefor those people, who canafford it. As per
publicationsand journalsif vaccineproducein India, cost will be in
affordablerange. Let’s see what will happened inupcoming days.
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