Covid-19: Vaccine Production Debate
Full Debate: Read Full DebateLord Grantchester
Main Page: Lord Grantchester (Labour - Excepted Hereditary)Department Debates - View all Lord Grantchester's debates with the Department for Business, Energy and Industrial Strategy
(3 years, 5 months ago)
Lords ChamberThere was a lot in those questions. The best way to facilitate this is through the COVAX initiative. The UK is proud to be one of its largest funders. We have helped to raise almost $1 billion for that initiative, which is helping to supply vaccines to 92 developing countries across the world.
The G7 leaders’ communiqué notes
“the positive impact that voluntary licensing and technology transfer on mutually agreed terms have already made to increasing global supply.”
But untransparent exclusive bilateral voluntary licences from pharmaceutical companies have led to the grossly insufficient quantities of Covid-19 vaccines that we see today. I return to the line of questioning of the noble Baroness, Lady Bryan, and the noble Lord, Lord Purvis: will the UK Government not continue to miss the point but instead use their initiative and push pharmaceutical companies to share intellectual property and tech through the World Health Organization’s Covid-19 Technology Access Pool?
My Lords, the intellectual property for the AstraZeneca vaccine, as is known, is actually owned by the University of Oxford. We will of course work with the companies and everyone possible to make sure that the third world is vaccinated, because that is in our interests. That is why we have contributed so much to the COVAX initiative.