Opinion: Threatening Big Pharma with compulsory licensing is a credible strategy for vaccine-starved countries
GIANLUIGI GUERCIA/AFP/Getty Images Vaccinating the world is beginning to take on the dimensions of a global Marshall Plan, the enormous U.S.-led effort to rebuild Western Europe after the Second World War. Yet it is failing. There are simply not enough vaccine doses to go around – the rich countries are keeping most of them. The hoarding was inevitable. The U.S. and European Big Pharma companies developed the first approved COVID-19 vaccines in the West, and governments sped up the effort by handing them billions to fund trials and expand manufacturing and distribution. Exporting vaccines e...