Merck agrees to let other drug makers make its COVID pill
Source: ABC News
LONDON -- Pharmaceutical company Merck agreed to allow other drug makers to produce its COVID-19 pill, in a move aimed at helping millions of people in poorer countries get access to the potentially life-saving drug, a United Nations-backed public health organization said on Wednesday.
The Medicines Patent Pool said in a statement that it had signed a voluntary licensing agreement for molnupiravir with Merck and its partner Ridgeback Biotherapeutics.
The agreement will allow the Medicines Patent Pool to grant further licenses to qualified companies who are approved to make the drug. Neither drug maker will receive royalties under the agreement for as long as the World Health Organization deems COVID-19 to be global emergency. Molnupiravir is the first pill that has been shown to treat the disease.
Charles Gore, the executive director of the Medicines Patent Pool, said the early results for molnupiravir were compelling and that he hoped this first voluntary licensing agreement for a COVID-19 treatment would lead to others.
Read more: https://abcnews.go.com/Health/wireStory/merck-agrees-drug-makers-make-covid-pill-80809848
Lovie777
(12,390 posts)drug companies making profit. Probably will charge a fortune.
Gore1FL
(21,164 posts)I wouldn't be happy with price gouging.
BumRushDaShow
(129,874 posts)a country will purchase for use by their citizens. I expect like their Remdesivir (where Merck partnered with Gilead to manufacture that), Merck will get some kind of government contract here for some "x" number of doses, which I would assume would only be available by prescription.
Merck (along with their partner Ridgeback) submitted a request for an EUA for this product a couple weeks ago (so it is currently not authorized for use here in the U.S. and may take months for final EUA approval) - https://www.merck.com/news/merck-and-ridgeback-announce-submission-of-emergency-use-authorization-application-to-the-u-s-fda-for-molnupiravir-an-investigational-oral-antiviral-medicine-for-the-treatment-of-mild-to-moderate-c/
FBaggins
(26,783 posts)"...for as long as the World Health Organization deems COVID-19 to be global emergency."
BigmanPigman
(51,648 posts)Other drug companies should do the same!!!