AUSTRIA ADDS A LOTTERY TO COVID VACCINE MANDATE

A doctor vaccinates a person with a dose of the Pfizer-BioNTech COVID-19 vaccine in Vienna, Austria April 26, 2021. REUTERS/Lisi NiesnerAustria's conservative government said  Thursday it was launching a national lottery to encourage holdouts to get vaccinated against the coronavirus, hours before parliament passed legislation that would introduce a national vaccination mandate. About 72% of the Austrian population is fully vaccinated against COVID-19, one of the lowest rates in Western Europe. "What's up for grabs in the Vaccine Fleet?" Vouchers!” This is what Federal Chancellor Karl Nehammer said at a press conference  of the social democratic opposition leader Pamela Rendi Wagner, with whom the measure was being negotiated.Nehammer said he wanted there to be a financial reward for getting vaccinated, adding: “We have learned from the past and we have seen that a vaccination lottery is the best possible way to set up such a system.”Members of the public, whether already vaccinated or not, would be entitled to one ticket for each shot they have had – three in total for those who have had their booster shot.Every 10th ticket would win a 500 euro ($568) gift voucher, Nehammer said, adding it would cost up to 1 billion euros. He later added on Twitter that the vouchers could be used in “retail, tourism, hospitality, services, culture and sport”.Vice Chancellor Werner Kogler said the aim was to support Austrian businesses and avoid online retailers as much as possible.

AUSTRIA ADDS A LOTTERY TO COVID VACCINE MANDATE

A doctor vaccinates a person with a dose of the Pfizer-BioNTech COVID-19 vaccine in Vienna, Austria April 26, 2021. REUTERS/Lisi NiesnerAustria's conservative government said  Thursday it was launching a national lottery to encourage holdouts to get vaccinated against the coronavirus, hours before parliament passed legislation that would introduce a national vaccination mandate. About 72% of the Austrian population is fully vaccinated against COVID-19, one of the lowest rates in Western Europe. "What's up for grabs in the Vaccine Fleet?" Vouchers!” This is what Federal Chancellor Karl Nehammer said at a press conference  of the social democratic opposition leader Pamela Rendi Wagner, with whom the measure was being negotiated.Nehammer said he wanted there to be a financial reward for getting vaccinated, adding: “We have learned from the past and we have seen that a vaccination lottery is the best possible way to set up such a system.”Members of the public, whether already vaccinated or not, would be entitled to one ticket for each shot they have had – three in total for those who have had their booster shot.Every 10th ticket would win a 500 euro ($568) gift voucher, Nehammer said, adding it would cost up to 1 billion euros. He later added on Twitter that the vouchers could be used in “retail, tourism, hospitality, services, culture and sport”.Vice Chancellor Werner Kogler said the aim was to support Austrian businesses and avoid online retailers as much as possible.

CHEAP VERSION OF MERCK COVID PILL TO BE MADE FOR POORER NATIONS

An experimental COVID-19 treatment pill, called molnupiravir and being developed by Merck & Co Inc and Ridgeback Biotherapeutics LP, is seen in this undated handout photo released by Merck & Co Inc and obtained by Reuters May 17, 2021. Merck & Co Inc/Handout via REUTERSA UN-backed agency has struck a deal with nearly 30 generic drugmakers to make low-cost versions of Merck's COVID-19 pill molnupiravir for poorer countries, expanding access to a drug seen as a weapon to fight the pandemic. The antiviral drug, which  received emergency use approval in the US in December, reduces hospitalizations and deaths  by about 30% in high-risk patients, according to clinical trials. The agreement, negotiated by the U.N.-backed Medicines Patent Pool (MPP) with Merck, allows 27 generic drugmakers from India, China and other countries in Africa, Asia and the Middle East to manufacture ingredients and the finished drug. The MPP said on Thursday the agreement would see the pill  distributed to 105 least developed countries.The developers of molnupiravir, which together with Merck are the US company Ridgeback Biotherapeutics and Emory University, will not receive royalties from the sale of cheap versions made by generic drug companies as long as COVID-19 is classified as a public health emergency by the World Health Organization (WHO) . "This is a critical step in ensuring global access to a much-needed COVID-19 treatment, and we are confident that with manufacturers  working closely with regulatory authorities, pre-treatments will be rapidly available," said MPP CEO Charles Gore .Bangladesh's Beximco Pharmaceuticals, India's Natco Pharma, South Africa's Aspen Pharmacare and China's Fosun Pharma are among the generic drug companies that will manufacture the final product.

CHEAP VERSION OF MERCK COVID PILL TO BE MADE FOR POORER NATIONS

An experimental COVID-19 treatment pill, called molnupiravir and being developed by Merck & Co Inc and Ridgeback Biotherapeutics LP, is seen in this undated handout photo released by Merck & Co Inc and obtained by Reuters May 17, 2021. Merck & Co Inc/Handout via REUTERSA UN-backed agency has struck a deal with nearly 30 generic drugmakers to make low-cost versions of Merck's COVID-19 pill molnupiravir for poorer countries, expanding access to a drug seen as a weapon to fight the pandemic. The antiviral drug, which  received emergency use approval in the US in December, reduces hospitalizations and deaths  by about 30% in high-risk patients, according to clinical trials. The agreement, negotiated by the U.N.-backed Medicines Patent Pool (MPP) with Merck, allows 27 generic drugmakers from India, China and other countries in Africa, Asia and the Middle East to manufacture ingredients and the finished drug. The MPP said on Thursday the agreement would see the pill  distributed to 105 least developed countries.The developers of molnupiravir, which together with Merck are the US company Ridgeback Biotherapeutics and Emory University, will not receive royalties from the sale of cheap versions made by generic drug companies as long as COVID-19 is classified as a public health emergency by the World Health Organization (WHO) . "This is a critical step in ensuring global access to a much-needed COVID-19 treatment, and we are confident that with manufacturers  working closely with regulatory authorities, pre-treatments will be rapidly available," said MPP CEO Charles Gore .Bangladesh's Beximco Pharmaceuticals, India's Natco Pharma, South Africa's Aspen Pharmacare and China's Fosun Pharma are among the generic drug companies that will manufacture the final product.

CHEAP VERSION OF MERCK COVID PILL TO BE MADE FOR POORER NATIONS

An experimental COVID-19 treatment pill, called molnupiravir and being developed by Merck & Co Inc and Ridgeback Biotherapeutics LP, is seen in this undated handout photo released by Merck & Co Inc and obtained by Reuters May 17, 2021. Merck & Co Inc/Handout via REUTERSA UN-backed agency has struck a deal with nearly 30 generic drugmakers to make low-cost versions of Merck's COVID-19 pill molnupiravir for poorer countries, expanding access to a drug seen as a weapon to fight the pandemic. The antiviral drug, which  received emergency use approval in the US in December, reduces hospitalizations and deaths  by about 30% in high-risk patients, according to clinical trials. The agreement, negotiated by the U.N.-backed Medicines Patent Pool (MPP) with Merck, allows 27 generic drugmakers from India, China and other countries in Africa, Asia and the Middle East to manufacture ingredients and the finished drug. The MPP said on Thursday the agreement would see the pill  distributed to 105 least developed countries.The developers of molnupiravir, which together with Merck are the US company Ridgeback Biotherapeutics and Emory University, will not receive royalties from the sale of cheap versions made by generic drug companies as long as COVID-19 is classified as a public health emergency by the World Health Organization (WHO) . "This is a critical step in ensuring global access to a much-needed COVID-19 treatment, and we are confident that with manufacturers  working closely with regulatory authorities, pre-treatments will be rapidly available," said MPP CEO Charles Gore .Bangladesh's Beximco Pharmaceuticals, India's Natco Pharma, South Africa's Aspen Pharmacare and China's Fosun Pharma are among the generic drug companies that will manufacture the final product.

CHEAP VERSION OF MERCK COVID PILL TO BE MADE FOR POORER NATIONS

An experimental COVID-19 treatment pill, called molnupiravir and being developed by Merck & Co Inc and Ridgeback Biotherapeutics LP, is seen in this undated handout photo released by Merck & Co Inc and obtained by Reuters May 17, 2021. Merck & Co Inc/Handout via REUTERSA UN-backed agency has struck a deal with nearly 30 generic drugmakers to make low-cost versions of Merck's COVID-19 pill molnupiravir for poorer countries, expanding access to a drug seen as a weapon to fight the pandemic. The antiviral drug, which  received emergency use approval in the US in December, reduces hospitalizations and deaths  by about 30% in high-risk patients, according to clinical trials. The agreement, negotiated by the U.N.-backed Medicines Patent Pool (MPP) with Merck, allows 27 generic drugmakers from India, China and other countries in Africa, Asia and the Middle East to manufacture ingredients and the finished drug. The MPP said on Thursday the agreement would see the pill  distributed to 105 least developed countries.The developers of molnupiravir, which together with Merck are the US company Ridgeback Biotherapeutics and Emory University, will not receive royalties from the sale of cheap versions made by generic drug companies as long as COVID-19 is classified as a public health emergency by the World Health Organization (WHO) . "This is a critical step in ensuring global access to a much-needed COVID-19 treatment, and we are confident that with manufacturers  working closely with regulatory authorities, pre-treatments will be rapidly available," said MPP CEO Charles Gore .Bangladesh's Beximco Pharmaceuticals, India's Natco Pharma, South Africa's Aspen Pharmacare and China's Fosun Pharma are among the generic drug companies that will manufacture the final product.

CHEAP VERSION OF MERCK COVID PILL TO BE MADE FOR POORER NATIONS

An experimental COVID-19 treatment pill, called molnupiravir and being developed by Merck & Co Inc and Ridgeback Biotherapeutics LP, is seen in this undated handout photo released by Merck & Co Inc and obtained by Reuters May 17, 2021. Merck & Co Inc/Handout via REUTERSA UN-backed agency has struck a deal with nearly 30 generic drugmakers to make low-cost versions of Merck's COVID-19 pill molnupiravir for poorer countries, expanding access to a drug seen as a weapon to fight the pandemic. The antiviral drug, which  received emergency use approval in the US in December, reduces hospitalizations and deaths  by about 30% in high-risk patients, according to clinical trials. The agreement, negotiated by the U.N.-backed Medicines Patent Pool (MPP) with Merck, allows 27 generic drugmakers from India, China and other countries in Africa, Asia and the Middle East to manufacture ingredients and the finished drug. The MPP said on Thursday the agreement would see the pill  distributed to 105 least developed countries.The developers of molnupiravir, which together with Merck are the US company Ridgeback Biotherapeutics and Emory University, will not receive royalties from the sale of cheap versions made by generic drug companies as long as COVID-19 is classified as a public health emergency by the World Health Organization (WHO) . "This is a critical step in ensuring global access to a much-needed COVID-19 treatment, and we are confident that with manufacturers  working closely with regulatory authorities, pre-treatments will be rapidly available," said MPP CEO Charles Gore .Bangladesh's Beximco Pharmaceuticals, India's Natco Pharma, South Africa's Aspen Pharmacare and China's Fosun Pharma are among the generic drug companies that will manufacture the final product.

CHEAP VERSION OF MERCK COVID PILL TO BE MADE FOR POORER NATIONS

An experimental COVID-19 treatment pill, called molnupiravir and being developed by Merck & Co Inc and Ridgeback Biotherapeutics LP, is seen in this undated handout photo released by Merck & Co Inc and obtained by Reuters May 17, 2021. Merck & Co Inc/Handout via REUTERSA UN-backed agency has struck a deal with nearly 30 generic drugmakers to make low-cost versions of Merck's COVID-19 pill molnupiravir for poorer countries, expanding access to a drug seen as a weapon to fight the pandemic. The antiviral drug, which  received emergency use approval in the US in December, reduces hospitalizations and deaths  by about 30% in high-risk patients, according to clinical trials. The agreement, negotiated by the U.N.-backed Medicines Patent Pool (MPP) with Merck, allows 27 generic drugmakers from India, China and other countries in Africa, Asia and the Middle East to manufacture ingredients and the finished drug. The MPP said on Thursday the agreement would see the pill  distributed to 105 least developed countries.The developers of molnupiravir, which together with Merck are the US company Ridgeback Biotherapeutics and Emory University, will not receive royalties from the sale of cheap versions made by generic drug companies as long as COVID-19 is classified as a public health emergency by the World Health Organization (WHO) . "This is a critical step in ensuring global access to a much-needed COVID-19 treatment, and we are confident that with manufacturers  working closely with regulatory authorities, pre-treatments will be rapidly available," said MPP CEO Charles Gore .Bangladesh's Beximco Pharmaceuticals, India's Natco Pharma, South Africa's Aspen Pharmacare and China's Fosun Pharma are among the generic drug companies that will manufacture the final product.