U.S. drug company Merck strikes deal with nonprofit to share COVID pill formula with poorer nations

Man walks past Merck plant.
(Image credit: Marko Georgiev/Getty Images)

U.S. drug company Merck has granted U.N.-backed nonprofit Medicines Patent Pool a royalty-free license for its experimental new COVID-19 drug, allowing Merck's treatment to be "manufactured and sold cheaply" in the world's poorest nations, reports The New York Times.

The deal — which is set-up in hopes of expanding the drug's availability, widening its manufacturing base, and potentially pushing down its price, per The Washington Post — permits companies in 105 countries, particularly in Africa and Asia, to sublicense the formula for the "promising" antiviral pill and begin making it for their own populations, per the Times. Earlier in October, Merck reported that the "easy-to-take pill" is "shown to reduce the risk of hospitalization and death in some cases," writes the Post.

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Brigid Kennedy

Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.