Opinion: Stop Private Speculation in COVID-19 Research

We present an economic plan for a collective sharing of scientific knowledge on the pandemic.

Written byEmiliano Brancaccio and Ugo Pagano
| 3 min read
coronavirus covid-19 sars-cov-2 economic patents shared open access research vaccine development

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The crisis triggered by the emergence of the SARS-CoV-2 coronavirus requires immediate leaps forward in economic policy strategies. In a document published in the Financial Times on March 13 we have underlined the urgency of international coordination to implement an immediate “anti-virus” plan in three points: immediate control of capital markets to counter speculation, public investments in health care and research, and interventions to remedy possible “disorganization” in the markets that could create bottlenecks in production and difficulties in supplying goods and services even beyond the health care sector.

Sharing scientific and technical knowledge publicly means winning the battle against the virus.

One aspect of this public planning seems particularly urgent to us. It is necessary to denounce the behavior of private agents driven by a profit motive who are causing slowdowns in research against the virus. There are private companies that announce impending discoveries in ...

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