Pfizer in talks with India on vax approval, says CEO

8

By Arul Louis
New York, May 4 |
Pfizer is discussing expedited approval of its Covid-19 vaccine with the Indian government, company CEO Alber Bourla said while announcing a donation of medicines worth $70 million to fight the resurgent pandemic.

“We are currently discussing with Indian government an expedited approval pathway to make our Pfizer-BioNTech vaccine available for use in the country,” he said in a video posted on the company website.

He pledged to send enough medicines over the next 90 days “to ensure that every Covid-19 patient in every public hospital across India can have access to them”.

“These medicines are valued at more than $70 million would be made available immediately and we will work closely with the government and our NGO partners to get them to where hey are need most.”

The medicines include steroid medications to reduce inflammation, anticoagulants to help prevent blood clotting, and antibiotics to treat secondary bacterial infections, he said.

That would be one of the biggest donations to India by a private company.

Bourla regretted that the Indian government had “unfortunately” not approved its vaccines for use in the country although an application was submitted several months ago.

The Indian regulator’s objection was that it had not undergone trials within the country.

But Bourla did not say if the company would waive its patent rights as the other major vaccine-maker Moderna has effectively done.

White House Principal Deputy Press Secretary Karine Jean-Pierre said last week that Moderna had announced it will not enforce its Covid-19-related patents against those making vaccines intended to combat the pandemic.

The Pfizer vaccine that was developed by a German company, BioNTech, and Moderna’s vaccine are not suited for wide use in developing countries as they have to be stored at extremely cold temperatures.

Johnson & Johnson, which developed a single-shot vaccine that can be kept at temperatures in ordinary refrigerators, has also not said if it would waive patent rights.

The issue of patent rights is expected to figure prominently at the World Trade Organization General Council meeting this week following a request by India and South Africa to waive Intellectual Oroperty rights for Covid-19 vaccines and medications.

US President Joe Biden has been under pressure from his base to both issue the waiver and not to.

While Senator Bernie Sanders organised a group of 10 Senators to urge Biden to “prioritise people over pharmaceutical company profits” and support the temporary waiver of the patent rights for the vaccines, a group of 18 unions oppose it.

Opposing a waiver, Paul Shearon, the president of the International Federation of Professional and Technical Engineers (IFPTE) of the American Federation of Labour-Congress of Industrial Organisations (AFL-CIO) has written to the US government that it should manufacture vaccines domestically to create jobs and preserve its lead in the technology and then send them abroad to meet the global demands.

Bill Gates, who heads the eponymous Gates Foundation, and is considered a great philanthropist, has also come out against the vaccine patent waiver, questioning the ability of developing countries to maintain quality standards.

A patent waiver would affect India commercially because one of its companies, Bharat Biotech, has developed a vaccine that is being widely used in India and has been approved by Mexico and the Philippines.

Several other Indian companies are also developing vaccines indigenously.

A waiver will also not have an immediate effect on the pandemic raging in India and elsewhere because manufacturing the vaccines is a complex process requiring special machinery that will take months to set up.

But some of the medicines used to treat coronavirus may be easier to manufacture.

(Arul Louis can be reached at arul.l@ians.in and followed @arulouis)

Source: IANS

Next Story

Handicraft Furniture setting a new trend in the interior and home décor industry

Handicraft Furniture setting a new trend in the interior and home décor industry

Furniture is one of the most prominent and significant aspects of any space. It adds a distinct depth and feel to the décor and enhances its beauty to the next level. Conventionally furniture was considered only as a side element while designing an interior. However, today the trend has changed; the limelight is on the furniture and furnishing elements. Young interior designers and architects are giving utmost importance to furniture and are heavily investing their time and efforts to get the best furniture for modern urban spaces.

Antique Handicraft Furniture

Saharanpur – the furniture city of India is renowned for its explicit patterns, wide motifs, and creativity. The city is home to some of the most skilled and proficient artisans and craftsmen. These creative enthusiasts are known for their attention to detail, intricate carving, and eye for perfection. The finishing and look of the furniture created in this city are beyond comparison. Craftatoz is one of the reputed furniture manufacturing companies in India. Established in the year 1989 in Saharanpur, the company has more than 300 trained and skilled workmen. The antique and eternal furniture created by Craftatoz sets the perfect symphony of texture and gives your space a stunning and grandeur appearance.

Furniture artefacts are one of the worthwhile investments. It not only augments the overall appearance of your room but also meticulously sets the whole ambience. The novelty and ethnic feel of antique furniture make it highly popular amongst the masses. The designers and interior decorators are hunting unique and exquisite antique furniture that connects one with the Indian roots. Craftatoz is one of its kind of handicraft furniture manufacturing company striving to preserve the Indian handicraft industry and introducing artistic handicraft furniture that is spectacular and awe-inspiring.

Preserving the art of Handicraft

Handicraft furniture online is a part of Indian heritage and culture from the Britishers time. Handicraft furniture speaks volumes about our rich history and love for art. Handicraft furniture is an integral part of our interiors and gives your premise an elegant touch. However, over the period of time with the introduction of modernization and machine-made furniture, the significance of handicraft furniture has been also affected to a great extent.  Furniture giants like Craftatoz are exerting themselves to promote the artisan’s talent and preserve the art of handicraft. They are bringing handicraft furniture to modern homes and preserving our legacy. Handicraft furniture is a seamless combination of modern art, style, and antiquity. They are unmatched and a true epitome of sophistication.

Handicraft furniture suits your décor and adds more splendor to it

The latest global trend in home furniture and decoration is Handicraft Furniture. Décor with the layer of Indian handicraft products and furniture creates an interesting décor and creates an impeccable melody of texture, color, fabric, styles, etc. Antique handicraft furniture in the form of mirrors, center table, jharokhas, Chandeliers, key holders, table lamps, corner tables, and much more. Handicraft Furniture is true alchemy of style and poise. They are an ideal fit for any modern urban or conventionally designed abodes. The handicraft wooden furniture celebrates luxury and creates a lavish feel.

The matchless collection of handicraft furniture

Handicraft furniture is never outdated. They are timeless and always in fashion. Other furniture styles may come and go but the love for Indian handicraft and artistic furniture is increasing at an enormous rate. A true lover of Indian culture and exclusive products is sure to get impressed by the sumptuous range of handicraft furniture offered by Craft atoz. The handicraft furniture can truly revamp your furniture and add a gleam to your interiors. Handicraft furniture is available in size, style, and pattern. The availability of premium grade handicraft furniture collection has led to an immense increase in the demand and utility of the same. Interior designers and décor experts are incorporating handicraft furniture to create a comprehensive mood of the space and give it a cutting-edge.

Taking furniture industry to newer heights

Like every industry, the furniture industry has also witnessed several ups and downs. The trends in the furniture industry are ever-evolving. There are continuous introductions and upgrades in this sector. However, the heart of the furniture segment is still ‘Handicraft Furniture’ the simplicity, quirkiness, antique touch, regal patterns and immersive feel of handicraft furniture still continue to mesmerize everyone with its grandeur and sheer opulence.

Handicraft furniture is at the pedestal and gaining substantial attention worldwide. They are widely acknowledged as one of the most reputed, credible, and authentic Indian art forms. The handicraft furniture reflects the legacy of the country and opens new avenues for Indian craftsmen and artefacts. Craftatoz with an aim to provide these artists global exposure and widespread Indian culture to every corner of the world brings a well-thought, finely detailed range of handicraft furniture that creates the cult and sets new milestones in the world of online furniture.

LEAVE A REPLY

Please enter your comment!
Please enter your name here