Ethical Dimensions of Vaccine Distribution

In course

Description

This lecture discusses the stark inequalities in COVID-19 vaccine distribution between rich and poor countries, highlighting the challenges faced by low-income nations. It explores the impact of booster doses in high-income countries and the lack of access to vaccines in developing nations. The presentation delves into the ethical implications of vaccine distribution, patent networks, and the role of pharmaceutical companies. It also addresses the importance of transparency in clinical trials, the need for sharing vaccine technology, and the ethical considerations surrounding drug pricing and research costs. The lecture concludes by advocating for fair pricing, transparency, and legal solutions to address the issues of patent abuse and high drug costs.

Official source

https://mediaspace.epfl.ch/media/0_oq0t0eag

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Related concepts (64)

COVID-19 vaccine

A COVID19 vaccine is a vaccine intended to provide acquired immunity against severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the virus that causes coronavirus disease 2019 (COVID19). Prior to the COVID19 pandemic, an established body of knowledge existed about the structure and function of coronaviruses causing diseases like severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS). This knowledge accelerated the development of various vaccine platforms during early 2020.

Vaccine

A vaccine is a biological preparation that provides active acquired immunity to a particular infectious or malignant disease. The safety and effectiveness of vaccines has been widely studied and verified.

Dynamic pricing

Dynamic pricing, also referred to as surge pricing, demand pricing, or time-based pricing, is a revenue management pricing strategy in which businesses set flexible prices for products or services based on current market demands. Businesses are able to change prices based on algorithms that take into account competitor pricing, supply and demand, and other external factors in the market. Dynamic pricing is a common practice in several industries such as hospitality, tourism, entertainment, retail, electricity, and public transport.

Pricing

Pricing is the process whereby a business sets the price at which it will sell its products and services, and may be part of the business's marketing plan. In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the marketplace, competition, market condition, brand, and quality of product. Pricing is a fundamental aspect of product management and is one of the four Ps of the marketing mix, the other three aspects being product, promotion, and place.

Ethical consumerism

Ethical consumerism (alternatively called ethical consumption, ethical purchasing, moral purchasing, ethical sourcing, or ethical shopping and also associated with sustainable and green consumerism) is a type of consumer activism based on the concept of dollar voting. People practice it by buying ethically made products that support small-scale manufacturers or local artisans and protect animals and the environment, while boycotting products that exploit children as workers, are tested on animals, or damage the environment.