Patents, and IP more generally, are the main reason that there is such a strong innovation base to work from to find solutions. Today there are more than 1,000 clinical trials ongoing, over 150 treatments being tested, and more than 120 vaccine projects - ft.com
Here's a good opinion piece from the Financial Times that examines the positive impact that IP is having at the moment, through innovation and support in the fight against Covid-19.
One of the big questions to be answered is whether pharmaceutical companies will put public health and welfare before their own profits. It's also been reported that AstraZeneca Plc will make as many as 30 million doses of coronavirus vaccine available to the UK by September and has committed to delivering 100 million doses this year. It's been reported that the UK will be the first country to get access to the vaccine should it be successful.
The collaboration of many different sized organizations during this pandemic is to be admired, but will the more skeptical social commentators put the larger, global pharmaceutical companies under the microscope later this year? The answer is, most probably.
No one has a crystal ball, but if IP innovation is driving toward measurable solutions for the greater good, then perhaps the public faith can be rewarded. Let's hope that's the case.
-
Promotion
How to get promoted in a start-up with no hierarchy
-
Qatar
What the World Cup legacy means for future events in Qatar
-
Recruitment Career
International Recruiters Day: How did you get into recruitment?
-
Jobs
Why now is a great time to change jobs
-
Client
Episode 4: How to hire for behaviours
-
Industry Trends
Marketing in Japan 2025
-
Saudi Arabia
Rebranding a nation
-
Industry Trends
Episode 6: Streamlining Your Time to Hire