Urges global pharma companies to grant Voluntary Licences (VL) and transfer technology of vaccines to Indian companies against reasonable royalties
The Indian Drug Manufacturers Association (IDMA) has said that while just waiving patents will not be enough to ensure access and availability of vaccines in India, this is an urgent need to boost their production.
In a statement, it said, “IDMA agrees that just simple waiving of patents for vaccines is not enough for increased and free availability of vaccines in India. What is more important is the grant of “Voluntary Licenses (VL)” by the patent holders to Indian companies with sufficient expertise in this field. The example of Astra Zeneca and Serum Institute is already a successful working model. Other vaccine developers need to come forward and similarly transfer technology to Indian companies against reasonable royalties.”
It added, “At the same time, in case of pharmaceutical products (including APIs), which are directly or indirectly used for the treatment of the present COVID pandemic, there is an urgent need for the IP rights to be waived at the world-wide level to boost their production and ensure there are no shortages anywhere in the world. Global pharma companies owe at least this much to mankind. Shortages of remdesivir in India are a wake-up call. Capacities of all medicines connected with this pandemic should be ramped up to ensure free availability at reasonable prices.”
IDMA also said, “The World Trade Organization (WTO) has also provided the provision of Compulsory Licensing (CL) just for tackling such an eventuality. Our government should not feel shy in invoking this thoughtful provision in the interest of humanity and our citizens. In view of the current suffering of humanity all over the world, urgent action needs to be taken by the world coming together to ensure free flow of technology till the virus is eradicated.”
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