Pressure Mounts to Lift Patent Protections on Coronavirus Vaccines | New York Times

ab1630's bookmarks 2021-05-03

Summary:

"President Biden, faced with surging Covid-19 crises in India and South America, is under intensifying pressure from the international community and his party’s left flank to commit to increasing the vaccine supply by loosening patent and intellectual property protections on coronavirus vaccines.

Pharmaceutical and biotech companies, also feeling pressure, sought on Monday to head off such a move, which could cut into future profits and jeopardize their business model. Pfizer and Moderna, two major vaccine makers, each announced steps to increase the supply of vaccine around the world.

The issue is coming to a head as the World Trade Organization’s General Council, one of its highest decision-making bodies, meets Wednesday and Thursday. India and South Africa are pressing for the body to waive an international intellectual property agreement that protects pharmaceutical trade secrets. The United States, Britain and the European Union so far have blocked the plan.

Inside the White House, health advisers to the president admit they are divided...."

Link:

https://www.nytimes.com/2021/05/03/us/politics/biden-coronavirus-vaccine-patents.html

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Tags:

oa.new oa.usa oa.medicine oa.pharma oa.patents oa.humanitarian oa.industry oa.south oa.trips oa.wto oa.waivers oa.biden oa.debates

Authors:

Sheryl Gay Stolberg, Thomas Kaplan and Rebecca Robbins

Date tagged:

05/03/2021, 20:45

Date published:

05/03/2021, 14:15