TBS EFM Radio Interview with UAEM Korea
On Wednesday 9 September, Human Asia (Chloe Sherliker, Program Officer) and UAEM Korea (Soyeon Park, Hyunsu Kim) spoke on TBS EFM’s Life Abroad ‘Making Connections’ series, on the topic ‘COVID-19 Vaccine: Affordability and Availability’, with Na Seung-yeon.
The 25 minute segment covered how UAEM Korea students’ lives have changed during the current pandemic; UAEM and UAEM Korea’s history and mission; Human Asia’s work and role in supporting UAEM Korea, and how to ensure that a future COVID-19 vaccine will be affordable and accessible for all. The UAEM Korea students noted that the main challenges of making a future COVID-19 vaccine affordable and accessible to all relate to supply and demand respectively. Regarding supply, the students observed that in theory, the current monopoly-based patent system incentivizes private sector investment and allows private drug corporations to make a reasonable return on their investment. However, in practice, this patent system is often abused; while the current system gives drug companies the right to patent monopolies, it doesn’t require them to sell medicines at fair prices. Additionally, from the perspective of demand, the students suggested that the lack of prior research and investment towards coronavirus from pharma companies would be another challenge to overcome in creating an accessible vaccine.
We would like to again thank TBS EFM for hosting Human Asia and UAEM Korea on their channel.
Click here to listen to the episode again.