Pfizer Will Supply Coronavirus Pills to Poor Countries at Cheap Prices

The US pharmaceutical giant Pfizer has announced that it will supply cheap coronavirus pills to poorer countries. To this end, they have made an agreement.

Pfizer said on Tuesday (November 16th) that it had agreed to license the production of a generic version of the Paxlovid pill. For this, they have entered into an agreement with the Medicines Patent Pool. As a result, the pill will be available in 95 low- and middle-income countries at a low cost.

Interim statistics show that Pfizer's pill reduces the risk of serious illness or death in the corona by 89 percent.

The Geneva-based Medicines Patent Pool is a US-based international organization. It works to facilitate drug development for low- and middle-income countries.

Charles Gore, the agency's executive director, said: "The reason this license is so important is that once approved, this oral drug is particularly suitable for low- and middle-income countries and could play a significant role in saving lives."