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Pfizer strikes deal to allow generic versions of its Covid pill for world’s poor
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US pharmaceutical giant Pfizer has announced a deal to make its prospective antiviral Covid-19 pill available more cheaply in the world’s least-wealthy countries.
Pfizer will allow generic manufacturers to supply its promising Paxlovid pill to 95 low-and middle-income nations covering about 53% of the world’s population, the company said in a statement on Tuesday.
Under the licensing agreement deal struck with the global Medicines Patent Pool (MPP), Pfizer — which also produces one of the most widely used Covid vaccines with German lab BioNTech — will not receive royalties from the manufacturers, making the treatment cheaper.
The agreement is subject to the oral antiviral medication passing ongoing trials and regulatory approval.
Interim data
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