Rich Countries Block India, South Africa s Bid to Ban COVID-19 Vaccine Patents
An IP waiver by the WTO would have made it easier for developing countries to produce COVID-19 vaccines and drugs. Wealthy countries opposed the move, arguing that a suspension of patents would stifle innovation.
An illustrative photograph showing a person holding a vial marked COVID-19 vaccine . Photo: Nataliya Vaitkevich/Pexels
World05/Feb/2021
The World Trade Organisation (WTO) talks on a proposal by India and South Africa to temporarily suspend intellectual property (IP) rules related to COVID-19 vaccines and treatments hit a roadblock on Thursday after wealthy countries balked at the idea, Germany’s dpa news agency reported.
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WHO: We need to change that distribution pattern very quickly
The WTO talks are taking place as some wealthy countries face criticism for cornering billions of COVID shots many times the size of their populations while leaving poor countries struggling for supplies. Experts say the global scramble for vaccines, or vaccine nationalism, risks prolonging the pandemic. We have to recognize that this virus knows no boundaries, it travels around the globe and the response to it should also be global. It should be based on international solidarity, said Ellen t Hoen, the director of Medicines Law & Policy a nonprofit campaigning for greater access to medicines.