In an open letter to Daniel O’Day, Chief Executive Officer of Gilead Science, more than 150 organisations (including Madhyam) and individuals have urged the US biotechnology company not to enforce exclusivity over remdesivir, an experimental drug seen as a potential treatment for COVID-19 patients. The clinical trials for remdesivir are underway in China and elsewhere in Asia to test its effectiveness in treating coronavirus infections. Since Gilead currently holds all patents for the development and production of remdesivir, the…
By Martin Dietrich Brauch | Guest Blog | March 30, 2020
Two innovative investment treaty models developed by major emerging economies came to light in 2015 when Brazil concluded its first Cooperation and Facilitation Investment Agreements (CFIAs, or ACFIs, in its Portuguese-language abbreviation) marriage between the two: on…
By Kavaljit Singh | Policy Brief # 5 | March 27, 2020
The first-ever extraordinary virtual G20 leaders’ summit took place on March 26, 2020. The Summit was convened by Saudi Arabia, the current G20 chair, to develop collective global solutions in the fight against the coronavirus (COVID-19) pandemic. Singularly focused on the need to develop a global response to the pandemic, the Summit did not discuss the Saudi G20 Presidency agenda titled “Realizing Opportunities of the 21st Century for All” or previous commitments made by the G20.
In the face of mounting COVID-19 cases in the country, the central and most state governments have acted with alacrity and a sense of purpose to ensure that the rapid spread of the deadly virus can be controlled. The central government has taken a string of proactive measures ranging from the screening of potential carriers of the virus to spreading the message of social distancing so that the dreaded next step of the spread of the virus through community…
By Kavaljit Singh | Briefing Paper # 34 | March 25, 2020
On March 26, 2020, an extraordinary virtual G20 Leaders’ Summit will take place to discuss global plans to tackle the public health and economic challenges posed by the coronavirus pandemic (COVID-19). The Leaders’ Summit will follow a virtual meeting of G20 Finance Ministers and Central Bank Governors that was held on March 23 and a virtual G20 Sherpa meeting to be held on March 25.
As anticipated, the G20 finance ministers did not issue a joint declaration after the call….