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Walk the talk on TRIPS waiver Updated: Updated: The government should offer Covaxin’s technology to domestic pharmaceutical companies and foreign corporations Share Article The government should offer Covaxin’s technology to domestic pharmaceutical companies and foreign corporations Member countries of the World Trade Organization (WTO) are under an obligation to ensure that their domestic intellectual property rights (IPR) laws conform to the requirements of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement. When the pandemic hit the globe, India and South Africa piloted the proposal to waive key provisions of the TRIPS agreement on COVID-19 vaccines, drugs, therapeutics, and related technologies. The core idea is that IPRs such as patents should not become barriers in scaling up production of medical products essential to combat COVID-19. The TRIPS waiver proposal, now backed by the U.S., is essential because it would give im ....
A TRIPS waiver is useful but not a magic pill Updated: Updated: May 10, 2021 07:44 IST The U.S.-supported move will have an effect if countries simultaneously address non-IP bottlenecks among other things Share Article AAA The U.S.-supported move will have an effect if countries simultaneously address non-IP bottlenecks among other things The United States has finally relented and declared its support for a temporary waiver of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement for COVID-19 vaccines at the World Trade Organisation (WTO). In October 2020, India and South Africa, at the WTO, proposed waiving Sections 1, 4, 5, and 7 of Part II of the TRIPS agreement (covering copyrights, industrial designs, patents, and undisclosed trade information) related to the prevention, containment, or treatment of COVID-19. ....
WTO to again discuss Covid vaccine IPR waiver proposal by India, South Africa on Thursday Under the proposal, India and South Africa have sought temporary relaxations for IP, patents and other such provisions laid out under the TRIPS Agreement of the WTO. Nayanima Basu 19 April, 2021 5:54 pm IST Text Size: A+ New Delhi: India and South Africa’s proposal to temporarily waive the intellectual property and patent rights on Covid vaccines will be discussed at yet another round of informal meeting of the World Trade Organization (WTO)’s TRIPS Council Thursday, even as the US continues to oppose the move. The meeting will take place at the WTO headquarters in Geneva, according to the global trade body. ....
Scaling up vaccine production Updated: Updated: April 12, 2021 23:07 IST There are several legal means that the government should employ to scale up production of COVID-19 vaccines Share Article AAA A health worker showing COVID-19 vaccine at a dispensary in New Delhi. | Photo Credit: Shiv Kumar Pushpakar There are several legal means that the government should employ to scale up production of COVID-19 vaccines The precarious second wave of COVID-19 infections has hit India with greater ferocity than the first. Despite a year to prepare, we have been caught woefully off guard again. Multiple reports of the scarcity of COVID-19 vaccines and drugs have surfaced from different parts of the country. According to the Observer Research Foundation, till the end of March, India had produced 316 million doses of Covishield and Covaxin the two COVID-19 vaccines in use in India. Of this, 64.5 million doses have been exported. This suggests that t ....