Many countries are in the race to develop the coronavirus vaccine as soon as possible and want to be the first among all.
This competitive vision has been outlined in the United States and other vaccine-producing powerhouses such as China and India threaten to undermine the efforts of dozens of countries, which are raising billions of dollars in an attempt to find an effective immunizing shot that they say should be available equally around the world.
Many questions have arrived that if these countries develop the vaccine before anyone else, will they immediately transmit it to the other country or not. This had pursued the doctrine of “vaccine nationalism,” the idea that any government whose scientists win this vaccine "race" — as it's often described — might try to hoard the shots for domestic use.
A number of countries, including Canada, Japan, Israel, and Saudi Arabia, teamed up with organizations such as the Bill and Melinda Gates Foundation is pledging $8 billion toward a global fund for vaccines, treatments, and testing.
The officials say, "This will be a unique global public good of the 21st century, committing to making any vaccine "available, accessible and affordable to all."
China is in the summit now and can’t afford to lose in this race. While another in the summit is India, which is home to the world's largest vaccine producer by volume, the Serum Institute of India. Even for those countries that did attend, it is not clear whether they would have the power to enforce their egalitarian vision in the face of nationalistic or market forces.
According to Associated Press, there's no guarantee an effective vaccine will ever be found, and even then it could take a year or more to develop, test, and distribute. Worldwide, about a dozen vaccine candidates are in the first stages of testing or poised to begin, small safety studies in people.
The hunt for a vaccine has been caught up in a tide of nationalism that was already sweeping the world before the virus hit, and may end up delaying distribution of a vaccine to billions of people.