Oireachtas Joint and Select Committees

Wednesday, 11 May 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

WTO Agreement on Trade-Related Aspects of Intellectual Property Rights and Covid-19 Vaccines: Discussion

Mr. Oliver O'Connor:

Clearly there has been both public and private investment in the research and development of vaccines. As I said earlie,r in any of the medicines production the value, if you were to think about it purely in economic terms, accrues to individuals in their lives and in our country the State in terms of the health service budget, the State budget, and a certain value accrues to companies that earned some reward for that investment.