A new analysis released Thursday shows that with an investment of just $25 billion dollars—around 3% of what the U.S. spends on its military each year—the world could establish regional manufacturing hubs to produce eight billion coronavirus vaccine doses in less than a year. The new report by Public Citizen shows that with a minimal investment by the wealthiest nations, enough vaccine supply could be produced to inoculate 80% of the population in low- and middle-income countries by May 2022. At present, of the more than 1.78 billion shots that have been administered worldwide, just 0.3% have gone into the arms of people living in low-income countries, with high- and middle-income countries receiving 85% of the doses.
— source commondreams.org | May 27, 2021