Merck Signs Pact to Expand Access to Promising Covid Pill_老虎社区_美港股上老虎

Merck Signs Pact to Expand Access to Promising Covid Pill

Bloomberg2021-10-28

Drugmaker and Medicines Patent Pool reach licensing accord UN-backed group hopes it will spur other companies to act Merck & Co. reached an agreement aimed at widening global access to its promising ...

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Merck and its partners won’t receive royalties as long as Covid is classified as a public health emergency of international concern by the World Health Organization.\nThe U.K.,Australia,Malaysia and Singapore are among countries that have already moved to buy supplies of Merck’s molnupiravir. The patent pool initiated talks with drugmakers in March last year, early in the pandemic, according to Charles Gore, its executive director.\n“We went out and said, ‘look, we do public health licensing, we have a lot of expertise in doing this, and we’d like industry to come to us so we can discuss the possibility of licensing,’” Gore said in an interview. “Frankly, it’s a bit disappointing they didn’t really. It’s only more recently that it’s started to happen.”\nHurdles Remain\nThe pill is a potential boon to poorer countries because of its low production cost and ease of use. 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