US President Joe Biden's administration on Wednesday announced support for a global waiver on patent protections for Covid-19 vaccines, offering hope to poor nations that have struggled to access the life-saving doses.
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Democratic presidential candidate Joe Biden speaks at Canvas Kick Off at the carpenters Union in Scranton, Pennsylvania on November 3, 2020. | AFP/Angela Weiss
US President Joe Biden s administration on Wednesday announced support for a global waiver on patent protections for Covid-19 vaccines, offering hope to poor nations that have struggled to access the life-saving doses.
India, where the death toll hit a new daily record amid fears the peak is still to come, has been leading the fight within the World Trade Organisation (WTO) to allow more drugmakers to manufacture the vaccines – a move pharma giants oppose.
US Trade Representative Katherine Tai said that while intellectual property rights for businesses are important, Washington supports the waiver of those protections for Covid-19 vaccines in order to end the pandemic.
In welcome news for poor nations, US backs waiver for coronavirus vaccine patents
World
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US President Joe Biden s government has announced its support for a global initiative to waive patents for the coronavirus vaccines, as poor nations continue to struggle to get their populations vaccinated.
India, where the death toll hit a new daily record amid fears the peak is still to come, has been leading the fight within the World Trade Organization (WTO) to allow more drugmakers to manufacture the vaccines a move pharma giants oppose.
US Trade Representative Katherine Tai said that while intellectual property rights for businesses are important, Washington supports the waiver of those protections for Covid-19 vaccines in order to end the pandemic.
US announces support for waiver on coronavirus vaccine patents
By
US President Joe Biden signals during a speech. Photo: AFP
In what is being termed as a welcome development for poor nations, US President Joe Biden s administration has backed the initiative to waive global patent protections for coronavirus vaccines.
India, where the death toll hit a new daily record amid fears the peak is still to come, has been leading the fight within the World Trade Organization (WTO) to allow more drugmakers to manufacture the vaccines a move pharma giants oppose.
US Trade Representative Katherine Tai said that while intellectual property rights for businesses are important, Washington supports the waiver of those protections for Covid-19 vaccines in order to end the pandemic.
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US President Joe Biden s administration on Wednesday announced support for a global waiver on patent protections for COVID-19 vaccines, offering hope to poor nations that have struggled to access the life-saving doses.
India, where the death toll hit a new daily record amid fears the peak is still to come, has been leading the fight within the World Trade Organization (WTO) to allow more drugmakers to manufacture the vaccines - a move pharma giants opposed.
US Trade Representative Katherine Tai said that while intellectual property rights for businesses are important, Washington supports the waiver of those protections for COVID-19 vaccines in order to end the pandemic.