Should the COVID-19 Vaccine’s Intellectual Property Be Accessible for Everyone?

 

Key Words:

  • Intellectual property protection is important because you have rogue scientists and organizations who might try and do a knock off of the vaccine that isn’t the same quality, which could be dangerous because it isn’t as effective.
  • Pharmaceutical companies shouldn’t be making profit off of drugs that treat neglected diseases.
  • Accessibility of the COVID-19 vaccine such as the inability to properly store the vaccine, is one of the biggest problems for certain parts of the world when it comes to vaccine distribution.

Commentary:

Although the COVID-19 vaccine is readily available, it isn’t necessarily available for everyone. Some countries across the globe do not have access to the vaccine partially because of intellectual property claims. Intellectual properties protect the patents of drugs like the COVID-19 vaccine, making it so that the information on how to make it, is only shared with a select group of people. Right now there is a battle over whether or not countries like the United States should share the IP of the COVID-19 vaccine. MarketScale reached out to Dr. Kishor Wasan about this topic and we asked his opinion on the World Trade Organization and TRIPS Council’s decision to lean so heavily on protecting IPs rather than what some may argue is looking out for the global good by making the COVID-19 vaccine more accessible.

Abridged Thoughts:

So intellectual property is partly there because yes, it’s there so they can make money and protect their invention. But at the same time, it’s also there so that, the product is protected, so that people don’t do rogue products and make a substandard version of it. That’s why this is actually a very controversial and tricky issue. It’s not that black and white. I mean, it’s not as simple as that. So you have to kind of keep those two things in mind. And again, it comes down to a balance between the two.

More Stories Like This:

Medical Professionals Leave and Join the Industry in Droves. How Should This Shape Healthcare Education?

Is It Time to Revamp the Drug Development Pipeline?

Follow us on social media for the latest updates in B2B!

Image

Latest

DXpedition
Icom Powers 3Y0K : Ham Radio’s Most Ambitious DXpedition to Remote Bouvet Island Part 1
July 11, 2025

Bouvet Island sits at the edge of the world. It is frozen, uninhabited, and almost impossible to access. Fewer people have set foot there than in space. That level of remoteness is exactly what makes it so valuable to amateur radio operators. The island ranks tenth on ClubLog’s list of Most Wanted DXCC entities,…

Read More
entrepreneurial success
The Hidden Key to Entrepreneurial Success: Build Momentum Through Personal Branding and Authentic Networking
July 10, 2025

What if the biggest pivot of your career started with a conversation?  In this episode of Professional Quotient, host Jason Winningham welcomes Fanny Dunagan, CEO and Content Strategist of PathLynks, LLC. Fanny shares her journey from high-pressure consulting in Singapore to founding her own media and branding company — and why learning to network…

Read More
Q2 2025
RM Q2 2025 Wrap Up
July 9, 2025

Rogue Marketing continues to lead with intention in a space often driven by noise. Q2 2025 reflected a strategic focus on substance, where each initiative supported long-term brand growth. The team transformed internal recognition efforts into enduring brand assets and refined event strategies through immersive, results-driven experiences. Website launches during the quarter balanced visual…

Read More
amateur radios
Hamvention Spotlight: Emergency Preparedness Led PrepHam Paul to Amateur Radios and a Rising Voice in the Field
July 9, 2025

PrepHam Paul (K5VLP) celebrated his first visit to Dayton Hamvention by marking a major channel milestone. He hosted a giveaway of the  IC-2370B mobile radio from Icom to thank viewers for helping him reach 10,000 subscribers. His passion for emergency preparedness, rooted in his experience as an Eagle Scout and later studies in emergency management,…

Read More