COVID-19 Vaccine Research, Development, Regulation and Access

26 Pages Posted: 1 Jul 2020 Last revised: 17 Nov 2020

See all articles by Benjamin Tham

Benjamin Tham

Singapore Management University - Centre for AI & Data Governance

Mark Findlay

University of Edinburgh, Edinburgh Law School; The British Institute of International and Comparative Law (BIICL) - Competition Law Forum

Date Written: June 30, 2020

Abstract

Will the regulation of a vaccine for COVID-19 be left in the hands of health standards administrators and research conventions or will an alliance of political and economic imperatives, chorused by a loud philanthropic/humanitarian cadre push both the roll-out and access challenges? This brief review identifies current developments in the vaccine race and reflects on the way that political, commercial, hegemonic and humanitarian realities will influence law’s regulatory relevance particularly through intellectual property regimes. The conclusion, because of this speculative moment, is watch this space.

The paper accepts the argument that substantive IP rights on their own are not to blame for adverse access outcomes, if they arise. But the need for compulsory licences and TRIPS exceptions reveals that a state cannot rely on the good intentions of successful manufacturers to promote social good when profits are potentially significant and market competition is constrained. The political and economic externalities pressuring more socially responsible commercial decision-making in the vaccine case are unique but even so law’s normative framework for justice and fairness is a counterbalance to private property exclusion when world health is at stake.

Keywords: COVID-19, vaccine, pandemic, regulation, intellectual property, health and safety, universal access

Suggested Citation

Tham, Benjamin and Findlay, Mark James, COVID-19 Vaccine Research, Development, Regulation and Access (June 30, 2020). SMU Centre for AI & Data Governance Research Paper No. 2020/03, Available at SSRN: https://ssrn.com/abstract=3640153 or http://dx.doi.org/10.2139/ssrn.3640153

Benjamin Tham

Singapore Management University - Centre for AI & Data Governance

55 Armenian Street
Singapore
Singapore

Mark James Findlay (Contact Author)

University of Edinburgh, Edinburgh Law School ( email )

Edinburgh
Great Britain

The British Institute of International and Comparative Law (BIICL) - Competition Law Forum ( email )

United Kingdom

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
310
Abstract Views
2,327
Rank
190,313
PlumX Metrics