The COVID-19 pandemic is seemingly over. Throughout the world, covid cases are dropping exponentially. For instance, all the restrictions have been lifted in the United States as of November 10, 2022. Borders are open for international travel, and the notorious ‘6 feet social distancing’ is no more in place. All of these signs tell us one thing: Finally, all the waves of the deadly covid are gone.
However, China - the pandemic's epicenter - still takes the disappearance of the virus with a pinch of salt. Most covid restrictions are still in place in the People's Republic, but generally speaking, the virus is gone for good. With that all said, the dispute is still there when it comes to the Covid-19 vaccine market.
On November 12, 2022, World Health Organization (WHO) released an inclusive report on the covid vaccination market for the first time. Here is what the report says about the covid vaccine market:
Covid Vaccines Were Not “Conducive Enough” For Public Health
To begin with, the report asserts that throughout the world, covid vaccines were not “conducive enough.” Meaning that the vaccines - that were approved by WHO - were not available throughout the world. In underdeveloped countries, people do not have access to these ‘standard’ vaccines. The report names South Africa and Central Asia among the countries that did not have access to covid vaccines.
Although leading covid vaccine providers did offer vaccination in developed countries like the U.S and the U.K, they lagged behind in indigenous countries. This should not have been the case, the report regrets.
Thus, the report highlights that public health (throughout the world) was not looked after properly. And who is to blame? Of course, the vaccine providers, the report argues.
Covid Vaccine Manufacturers Did Not Invest in the Recommended Vaccines
Another grave concern, highlighted in the latest WHO report, is that vaccine makers did not invest in vaccines that were recommended by WHO. The report argues that since there is “low market profitability,” investors did not bother investing in these vaccines.
Furthermore, the report mourns that it was because of this “profitability concern,” millions of lives were lost. If these manufacturers had been ambitious about humanity, millions more lives could have been saved.
Therefore, the report suggests that manufacturers and leading investors must develop a sense of humanity. The report asserts that we should not always look at our bottom line or pursue our own profit. Instead, we should think of those who are in need of our help. After all, saving one life is tantamount to saving the entire humanity.
The report argues that if we go on with this ambition, we will overcome more deadly pandemics. let alone COVID-19. But the catch is that the ruling elites and elites know this fact. However, the WHO is optimistic that people will step forward with compassion. And take collective measures to address any humanitarian crises that await us ahead.