Advances in Economics, Management and Political Sciences

- The Open Access Proceedings Series for Conferences


Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 28 , 10 November 2023


Open Access | Article

Impact of IP Exemptions for COVID-19 Vaccines on Vaccinated Populations in Less Developed Countries

Li Peidong * 1
1 Guangdong University of Finance & Economics

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 28, 82-90
Published 10 November 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Li Peidong. Impact of IP Exemptions for COVID-19 Vaccines on Vaccinated Populations in Less Developed Countries. AEMPS (2023) Vol. 28: 82-90. DOI: 10.54254/2754-1169/28/20231291.

Abstract

Since the outbreak of the COVID-19 in 2020, global economic growth and public health have been greatly impacted. On the one hand, the epidemic has disrupted global supply chains, affecting the economic stability of various countries, and increased the vulnerability of the global economy. On the other hand, the epidemic has exposed the rapid spread of epidemic diseases around the world by globalization, which has become a systemic risk.As one of the best solutions to prevent the spread of large-scale diseases in the greatest public range in the history of human medical development, vaccines have become the key to whether humans can defeat the COVID-19 as soon as possible. This paper shows the changes in the vaccinated population of less developed countries after the implementation of the COVID-19 vaccine exemption by establishing a mathematical model, and proposes that less developed countries should adjust their policies to help the vaccine exemption to vaccinate more people in their own countries according to existing international rules.

Keywords

exemptions, vaccine, resources, maximization

References

1. How patent rights work in the pharmaceutical industry--Patent Exclusivity&Regulatory exclusivity,https://www.theactuarymagazine.org/pharmaceutical patent regulation in the united-states/.

2. Sekalala, S., Forman, L., Hodgson, T., Mulumba, M., Namyalo-Ganafa, H., & Meier, B. M. (2021). Decolonising human rights: how intellectual property laws result in unequal access to the COVID-19 vaccine. BMJ Global Health, 6(7), e006169.

3. Okereke, M. (2021). Towards vaccine equity: Should big pharma waive intellectual property rights for COVID-19 vaccines?. Public health in practice (Oxford, England), 2, 100165.

4. Xu Chunming,Chen Xueni. On the WTO's patent exemption to expand access to COVID-19 vaccines[J]. Technology & Law(Chinese & English), 2022(4):8.

5. Members Welcome Quad Document as Basis for Text-Based Negotiations on Pandemic IP Response, WTO (28 June 2022).

6. Ting-Wei (Alex) Chiang & Xiaoping Wu, Innovation and Patenting Activities of COVID-19 Vaccines in WTO Members: Analytical Review of Medicines Patent Pool (MPP) COVID-19 Vaccines Patent Landscape (VAXPAL), WTO Staffff Working Paper ERSD-2022-01, 10 February 2022, p.5.

7. Zhang Naigen.Analysis of the decision on intellectual property exemption of the new crown vaccine and its importance[J].intellectual property2022(09):53-69.

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-077-6
ISBN (Online)
978-1-83558-078-3
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/28/20231291
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated