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The Biden administration will support a proposal to waive Covid-19 vaccine patent rights.
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In a significant move to combat the Covid-19 pandemic, the U.S. government agreed to support a controversial proposal to temporarily waive intellectual property rights for vaccines in a bid to increase global supplies of desperately needed doses.
The proposal, which was first introduced before the World Trade Organization last fall by South Africa and India, would cover patents, industrial designs, copyrights, and protection of trade secrets. Ultimately, a waiver would make it easier for countries that permit compulsory licensing to allow a manufacturer to export vaccines. The move came amid growing concern that low- and middle-income countries were being left out after wealthy nations reached deals with vaccine makers.
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