‘Each-way bet’: Trade Minister declines to co-sponsor waiver on COVID vaccine monopolies

On the eve of an important World Trade Organisation (WTO) meeting on intellectual property this week, the Government has revealed that Australia will not co-sponsor a proposal to waive commercial monopolies on COVID19 vaccines, as Shadow Trade Minister Madeleine King MP and campaigners have urged. The disclosure came through Senate Estimate proceedings on 28 October, in which Department of Foreign Affairs and …

Covid-19: Pfizer reports massive revenues while hurting the chances of millions to get vaccinated

Responding to news that Pfizer reported $14 billion in third-quarter revenue for vaccines and is set to earn $36 billion from vaccine sales by the end of the year on the back of the Covid-19 vaccine roll-out, Patrick Wilcken, Amnesty International’s Head of Business and Human Rights, said: “That Pfizer has been able to earn billions of dollars in revenue …