Page 23 - ஒன்றுபட்டது மாநிலங்களில் வர்த்தகம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A MERICA HAS long been the global protector-in-chief of intellectual property. But on May 5th it sought to tear up the rule book. “The extraordinary circumstances of the covid-19 pandemic call for extraordinary measures,” said Katherine Tai, the United States Trade Representative. To help battle the pandemic, the administration of President Joe Biden said it supported waiving some intellectual-property protections for vaccines. Jaws dropped along with the share prices of vaccinemakers. Investors shuddered at the idea that other manufacturers might pounce on unprotected intellectual property. Only a day earlier, Pfizer forecast vaccine revenues of $26bn in 2021, with profits around $7bn. Splitting such spoils could blunt the incentive to invest and undermine innovation. And if firms fear that their know-how can be pilfered with impunity, it could undermine collaborative efforts. Just as bad, botched imitations by generic manufacturers could fuel vaccine hesitancy.

South africaUnited statesUnited kingdomKatherine taiJoe bidenJames love of knowledge ecology internationalEuropean unionUnited states tradePresident joe bidenKnowledge ecology internationalஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்க்யாதரிந் தைஓஹோ பிடென்ஐரோப்பிய தொழிற்சங்கம்ஒன்றுபட்டது மாநிலங்களில் வர்த்தகம்