We are failing in our goal to vaccinate the world. As long as we do not succeed, new variants will continue to appear: see omicron.

As a solution, some propose a patent waiver. But we do not have a production problem, but a distribution one

How can we vaccinate the world? 1/20
First, this is not a production problem. We've manufactured nearly 9 billion doses so far. We could get to 12.5 bn by the end of 2021. Moreover, manufacturing capacity continues to increase rapidly since January of this year. 2/20 Image
Vaccinating 80% of the world's population over 12 years old, only takes 11.3 billion doses. At the current production pace, there will be a surplus of vaccines by mid-2022. The Economist explained this here 👇3/20
economist.com/international/…
Additionally, most developed countries have negotiated more doses than needed to vaccinate 100% of their population. In 2021, 24.1 billion doses will go to waste. So, there are enough vaccines, but they are in the wrong place 4/20
bbc.com/news/world-us-…
The solution we need is COVAX, the Covid-19 Vaccines Global Access initiative, which negotiates lower prices with vaccines producers and receives donated doses from developed countries.

Then, it distributes them among 92 low- and middle-income countries through UNICEF. 5/20
COVAX started distributing vaccines in February 2021 aiming to deliver 2 bn doses in 2021. To date, only 1.4 bn doses have been allocated, and only 44% of the latter were delivered. 6/20 Image
What went wrong? Developed countries do not fulfill their commitments on time: the US has donated only 40% of its pledged doses; the EU 70%, the UK 10%.
Further, the donated doses arrive only a few weeks before their expiring date and thus there is no time to deliver them. 7/20
Some believe the silver bullet is to waive patents on Covid-19 vaccines.

It is an easy, but erroneous, solution to a production problem that is inexistent. Above all, it is not a fast response.

Here are the reasons why it's a bad idea: 8/20
1. The patent waiver will damage the legal certainty of pharmaceutical companies, reducing their incentives for investing in research and innovation (for example: more vaccines, a cure against cancer, etc.). 9/20
2. Producing vaccines is hard. Not only is having the recipe necessary, but also the right technology and highly skilled personnel. Developing these capabilities takes a long time, so production in developing countries would hardly increase in the short term. 10/20
3. This is an artificial debate. Intellectual Property rights have not yet been implemented in the Least Developed Countries of the WTO due to a transitional agreement. Pharmaceutical companies can already produce generic vaccines in these countries. 11/20
ceps.eu/is-the-propose… Image
As of today, there are three legal alternatives to patent waiving included in the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) which are already in use. 12/20
wto.org/english/docs_e…
1º Voluntary licensing. Pharmaceutical companies owning the patents can sign agreements with other producers to make a generic version of the vaccine in developing countries. AstraZeneca already did it 13/20
astrazeneca.com/media-centre/a… Image
2nd Compulsory licensing. The government can authorize another producer to make a generic version of the vaccine without the consent of the patent owner in cases like this health emergency. The EU Commission seeks an agreement on these terms 14/20 wto.org/english/docs_e…
3rd Compulsory export licensing. The government may authorize another producer, without the consent of the owner, to make a generic version of the vaccine exclusively for export to specific countries, such as those least developed. 15/20 international.gc.ca/world-monde/in…
The whole debate about Intellectual Property rights is a distraction: there is no production problem, it is a distribution problem. nytimes.com/2021/08/02/wor…

How to solve it? 16/20
1. Provide COVAX, on time, with the funds and doses agreed.
In @RenewEurope we have stood up for this. A few weeks ago, we got the EU to allocate €1.425 billion for vaccines and distribution through COVAX, but it is not enough.
I told you here 👇17/20
2. States must cooperate and refuse to hoard a surplus of vaccines. Even supplying booster doses to the at-risk population, developed countries have enough doses to vaccinate 70% of the world's population by mid-2022. 18/20
3. Finally, we must combat disinformation and anti-vaccine skepticism. 54% of South Africa's population does not want to get vaccinated. In Romania, the 40%.
We must help citizens understand that their health, and that of humanity, depend on their decision. 19/20
We face a complex issue, and it requires a complex answer. It is not enough to donate leftover doses from developing countries when they are close to expiring, nor it is to waive patents. The world needs to work harder to improve distribution and vaccine hesitancy. 20/20

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Luis Garicano

Luis Garicano Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @lugaricano

14 Dec
Bruselas se ha movilizado frente a las grandes tecnológicas. Hoy el Parlamento Europeo da un gran paso para poner coto a sus abusos con la Ley de Mercados Digitales.

Abro HILO para explicar de dónde venimos y por qué esta ley es tan relevante para nuestra vida diaria. 1/10
Facebook, Apple, Google y Amazon son algunas de las empresas más ricas del mundo. En una economía digital la posesión de datos personales es un activo muy valioso. Tener información sobre ti es su producto estrella. Veamos algunos ejemplos 👇 2/10
El escándalo de Cambridge Analytica muestra cómo Facebook recaba información cada vez que das a “me gusta”, comentas una noticia o pulsas en un enlace.

Estos datos de 50 millones de usuarios se usaron, sin su consentimiento, para la campaña de Trump. 3/10
elpais.com/internacional/…
Read 10 tweets
5 Dec
La Comisión Europea ha aprobado el viernes un desembolso de 10.000 millones de euros, correspondientes al primer tramo del plan de recuperación.

¿Quiere decir esto que el Gobierno está haciendo reformas y va a gastar bien el dinero asignado? No, en absoluto.

Abro HILO 1/13
"La Comisión Europea ha puesto muy buena nota al plan de España".

Sí, y a todos los demás. De los 22 planes aprobados, 19 han recibido exactamente la misma nota. España solo ha sacado más nota que Bélgica, Chequia y Estonia. Es un aprobado general, no un sobresaliente. 2/13
¿Cuales son los países a los que no le han aprobado todavía el plan?

-Holanda, Suecia y Bulgaria porque llevan varios meses sin Gobierno.

-Polonia y Hungría porque no respetan el Estado de Derecho. La Comisión va a gastar todo su capital político en estos dos países. 3/13
Read 13 tweets
17 Nov
Ya tenemos la respuesta de la Unión Europea a las propuestas energéticas de Sánchez.

DEMOLEDORA

“Estas propuestas pondrían en riesgo la seguridad del suministro en el medio plazo y, potencialmente, también en el corto”

Abro HILO (1/6)
El Gobierno proponía salir del mercado marginalista europeo, donde la última oferta fija el precio, por otro donde el precio de la energía es igual a la media de los precios ofertados.

Además, quería poner un tope al precio de la electricidad proveniente del gas.
(2/6)
Al Gobierno le parecía una buena idea para bajar los precios. Era evidente que no lo había pensado demasiado.

Como dijimos hace unas semanas, los precios no sólo no bajarían, sino que sus propuestas perjudicarían a todos los consumidores.
(3/6)
Read 6 tweets
16 Nov
.@RenewEurope together with the other main groups in @Europarl_EN sent @vonderleyen a letter today asking for the rejection of the Polish recovery plan. A thread on why and how to do it 👇 1/8
Forget “Polexit”. For all the excitement the newest buzzword has caused, Warsaw´s ruling party has no intention of taking Poland out of 🇪🇺. The EU is stuck with an unruly Member. That is why @EU_Commission must take action and reject its recovery plan. 2/8
The EU is not powerless. Brussels has financial leverage. Poland is one of the biggest recipients of EU regional funds. Remember the LGBT free zones? Polish regions are dismantling them for fear of losing access to EU money. 3/8 dw.com/en/polish-prov…
Read 8 tweets
16 Nov
Great news: last night, we negotiated the 2022 budget. We managed to get the EU to spend €1.5 billion to vaccinate the world.

THREAD to tell you how we achieved it and what it means. I hope it also helps you to understand the inner workings of the EU. @reneweurope 1/14
Helping to vaccinate everyone on the planet is a moral duty. It is also the best investment. If the virus continues to spread and mutate we will not achieve an economic recovery because restrictions will return, as is already happening in the Netherlands. 2/14
In May, the International Monetary Fund estimated in $4 bn the cost of vaccinating 30% of the population in low and middle income countries. It also calculated the enormous return of such investment 3/14

imf.org/en/Publication…
Read 14 tweets
16 Nov
Os cuento algo que me ha hecho muy feliz: anoche, con la aprobación del presupuesto de 2022, conseguimos que la UE dedique casi 1.500 millones de € a ayudar vacunar al mundo.

Abro HILO para contaros cómo lo hemos conseguido. Os sirve también para entender cómo funciona la UE.
Ayudar a vacunar a todos los habitantes del planeta es una obligación moral. Además, es la mejor inversión posible. Si el virus sigue propagándose y mutando no podremos lograr la recuperación económica porque volverán las restricciones, como ya está pasando en Holanda. 2/14
En mayo, el Fondo Monetario Internacional estimaba que se necesitaban 4.000 millones para vacunar al 30% de la población en países de renta media y baja. Desde ese momento empezamos a pensar cómo financiarlo desde la Unión Europea. 3/14

imf.org/en/Publication…
Read 14 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(