Why commercial interest of only Big Pharma sacrosanct, India asks developed countries
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New Delhi: India has pressed its demand for a waiver of intellectual property rights on covid-19 vaccines before the World Trade Organization (WTO), asking why the commercial interests of Big Pharma alone are being protected even as industries reel under the impact of the pandemic and countries struggle to access vaccines.
“Globally, governments have intervened to suspend air transport and restrict mobility in order to prevent the spread of coronavirus. Sectors like civil aviation, travel and tourism, hospitality, small businesses including MSMEs continue to be severely impacted by such state interventions. These sectors are also important for the global economy, for growth, for employment. Certainly, governments are not against the interest of these sectors. We would like to know that why commercial interests of only few companies are so sacrosan