By Billy Begas
Quezon City Rep. Precious Hipolito Castelo has called for support for the local production of COVID-19 vaccines to quickly achieve herd immunity and create more jobs.
Castelo said the local production “would be a game changer in fighting the pandemic, hastening economic recovery and returning to normal life.”
To start local vaccine production, Castelo explained that international pharmaceutical companies would have to lift patent restrictions and share the results of their research and studies with the rest of the world.
US President Joe Biden has called for the waiver of COVID-19 jab patents to allow other countries to produce it and fight the pandemic in their territories.
“Let us share the call of the United States. These drug companies have by now already recouped their investments, with their numerous previous, present and future purchase orders. The markets show that these firms have grown immensely in value since they reported their vaccine research and development breakthroughs,” Castelo added.
Castelo is also confident that big businessmen in the country will invest in this endeavor.
Source: Latest Politics News Today (Politics.com.ph)
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