![Lack of Patent Waiver Would Add Over $70 Billion to Cost of Vaccinating World: Oxfam Lack of Patent Waiver Would Add Over $70 Billion to Cost of Vaccinating World: Oxfam](https://realnews.today/content/themes/covertsocialpress/images/default.jpg)
Oxfam calculates that if patent protections were waived by the World Trade Organization (WTO) and vaccine production ramped up worldwide people in low- and middle-income nations could be adequately vaccinated for an estimated cost of $6.5 billion, but that if pharmaceutical companies are allowed to retain their for-profit stranglehold on production and distribution that cost would soar to $80 billion.