Forum Institutional

Pfizer commits to providing patent-protected medicines in Africa

Pfizer medicines and vaccines not-for-profit basis people in lower-income countries

Pfizer will provide all medicines and vaccines available in the US or the European Union on a not-for-profit basis to 1.2 billion people in lower-income countries. Image: World Economic Forum/Pascal Bi

Harry Gray Calvo
Media Relations and Public Affairs Specialist, World Economic Forum
This article is part of: World Economic Forum Annual Meeting

Listen to the article

  • A high-level panel including Paul Kagame and Lazarus Chakwera, presidents of Rwanda and Malawi, and Bill Gates joined Pfizer in call to bridge global health equity gap.
  • Pfizer commits to providing all its current and future patent-protected medicines on a not-for-profit basis to 45 lower-income countries.

“Rapid and affordable access to advanced medicines and vaccines is the cornerstone of global health equity”, said Paul Kagame, President of Rwanda, during Pfizer’s ambitious new launch at Davos 2022.

Loading...

Pfizer commits to bridge global health equity gap

Albert Bourla, Chief Executive Officer at Pfizer agreed. “We live at a time where science is increasingly able to take on the world’s most devastating diseases. But a health equity gap exists, a gap which determines who can access these innovations, and those who cannot.”

The Accord aims to bridge this access gap and by so doing greatly reduce the health inequities that exist between many lower-income countries and the rest of the world. To this end, Pfizer will provide all medicines and vaccines available in the US or the European Union on a not-for-profit basis to 1.2 billion people in lower-income countries.

Loading...

“While we aim to implement the Accord globally," he continued “that is not possible right away. So, we have selected a few countries from which to learn from and improve our processes first.” Rwanda and Malawi will be joined by Uganda, Senegal and Ghana.

Bill Gates, Co-Chair of the Bill & Melinda Gates Foundation, commended this approach. "We think that this is a great model – not only will it get medicines out there - but we can also learn from these pioneering countries and apply lessons learned before expanding the Accord.”

Loading...

The President of Malawi, one of the pioneering countries, spoke enthusiastically about its potential. “The beauty of this Accord is that it is not a handout, but a real partnership. With the different strengths of its founding members - and our guiding aim of putting health over profit - this Accord means that we have a real shot at improving health globally.

All participants agreed on the importance of a holistic approach to implementing the Accord. The experience of COVID-19 vaccine delivery repeatedly came up. “We have learned that delivery is only the first step towards ensuring that vaccines and other medicines reach people across the world,” said Angela Hwang, Group President of Pfizer.

Loading...

All panellists agreed that sustained and effective cooperation between key international stakeholders would be vital to the Accord’s success.

“The accord is the embodiment of what the Forum is all about – a strategic synergy between key decision-makers in governments, companies, and civil society - which brings together leading stakeholders to do on a global scale what they cannot do alone,” said Lazarus Chakwera, President of Malawi.

Loading...

The launch was ended with a call for action by Pfizer, who called upon other global health leaders and organizations to join this groundbreaking new initiative, and bring their expertise and resources to help close the health equity gap and create a healthier world.

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Stay up to date:

Global Health

Related topics:
Forum InstitutionalHealth and Healthcare Systems
Share:
The Big Picture
Explore and monitor how Global Health is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

What is the gig economy and what's the deal for gig workers?

Emma Charlton

November 22, 2024

Forum Stories: A new home for ideas, solutions and analysis on the world's biggest issues

About us

Engage with us

  • Sign in
  • Partner with us
  • Become a member
  • Sign up for our press releases
  • Subscribe to our newsletters
  • Contact us

Quick links

Language editions

Privacy Policy & Terms of Service

Sitemap

© 2024 World Economic Forum