Pascal Soriot city New Delhi India covid-19 testing pandemic vaccine Pascal Soriot city New Delhi India

Global firms pledge to not profit from covid-19 vaccines till pandemic ends

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J&J open to partner with Indian manufacturers to scale up capacity NEW DELHI : Global manufacturers AstraZeneca, GlaxoSmithKline, Pfizer and Johnson & Johnson on Thursday pledged to supply covid-19 vaccines on a no-profit basis so as to improve access to any successful candidate when it is available in the market. “It’s certainly a situation where we will not be charging any royalties and making no profit during the time of this pandemic," said Pascal Soriot, executive director and chief executive officer of AstraZeneca said at a global press briefing hosted by the International Federation of Pharmaceutical Manufacturers & Associations.

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