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Waiving patents on Covid-19 vaccines won t be enough to ramp up supplies

consensus among member states. The European Commission said it would begin discussions on waivers but Germany, home to BioNTech, the firm that created the vaccine being marketed by Pfizer, said it opposed a waiver because “the protection of the intellectual property is a source of innovation and must remain so”. However, the Indian government has taken a different line domestically: At a hearing in India’s Supreme Court this month, the court asked the government whether it intended to issue any compulsory licenses to companies to manufacture drugs like remdesivir that are being used for Covid-19 treatment. The government reportedly

Patent waver for Covid vaccine without tech transfer won t speed up supply

Read more about Patent waver for Covid vaccine without tech transfer won t speed up supply on Business Standard. Intellectual property rights (IPR) on drugs and vaccine formulae give creators an exclusive right over inventions for a certain period of time, and prevent pharmaceutical companies from making it.

Covid 19 coronavirus: Wealth disparity, legal hurdles and supply hamper effort to vaccinate world

US should pledge to create partnerships for cost-sharing, co-investment to end Covid vaccine crisis

US should pledge to create partnerships for cost-sharing, co-investment to end Covid vaccine crisis Top Searches US should pledge to create partnerships for cost-sharing, co-investment to end Covid vaccine crisis Rupali Mukherjee / TNN / May 17, 2021, 22:36 IST FacebookTwitterLinkedinEMail Representative image MUMBAI: Pressure is mounting on rich nations, like the US to urgently address the global Covid-19 vaccine crisis, and worldwide inequities in availability of vaccines. American leadership is required to ensure universal global access to high-quality and safe vaccines, leaders across internationally-reputed organizations said. The US should support rapid vaccine distribution and administration, and build a sustainable global network of vaccine manufacturing capacity, they said.

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