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Business-as-Usual will not Deliver the COVID-19 Vaccines We Need

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  • Els Torreele

    (University College London)

Abstract

Governments must become active shapers of medical innovation and drive the development of critical health technologies as global health commons. The ‘race’ for COVID-19 vaccines is exposing the deficiencies of a business-as-usual medical innovation ecosystem driven by corporate interests, not health outcomes. Instead of bolstering collective intelligence, it relies on competition between proprietary vaccines and allows the bar on safety and efficacy to be lowered, risking people’s health and undermining their trust.

Suggested Citation

  • Els Torreele, 2020. "Business-as-Usual will not Deliver the COVID-19 Vaccines We Need," Development, Palgrave Macmillan;Society for International Deveopment, vol. 63(2), pages 191-199, December.
    • Handle: RePEc:pal:develp:v:63:y:2020:i:2:d:10.1057_s41301-020-00261-1
    DOI: 10.1057/s41301-020-00261-1
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    References listed on IDEAS

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    1. Massimo Florio & Simona Gamba, 2021. "Biomed Europa: After the coronavirus, a public infrastructure to overcome the pharmaceutical oligopoly," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(3), pages 387-409, September.
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    Cited by:

    1. Batabyal, Amitrajeet & Beladi, Hamid, 2022. "City and Regional Demand for Vaccines Whose Supply Arises from Competition in a Bertrand Duopoly," MPRA Paper 113758, University Library of Munich, Germany, revised 28 Jun 2022.

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