US supports waiver of intellectual property protection for COVID-19 vaccines

US supports waiver of intellectual property protection for COVID-19 vaccines

ANIUpdated: Thursday, May 06, 2021, 06:42 AM IST
article-image
In this April 28, 2021, file photo, U.S. Trade Representative Katherine Tai testifies during a Senate Appropriations subcommittee on Commerce, Justice, Science, and Related Agencies hearing on Capitol Hill in Washington. The Biden administration is throwing its support behind efforts to waive intellectual property protections for COVID-19 vaccines in an effort to speed the end of the pandemic. | The Associated Press

Reena Bhardwaj

Washington

US President Joe Biden's administration on Wednesday announced its support for a global waiver on patent protections for COVID-19 vaccines and said it will negotiate the terms at the World Trade Organisation (WTO).

"These extraordinary times and circumstances of call for extraordinary measures. The US supports the waiver of IP protections on COVID-19 vaccines to help end the pandemic and we'll actively participate in @WTO negotiations to make that happen," US Trade Representative Katherine Tai said in a tweet.

This comes as India, South Africa, and other nations had requested to waive certain portions of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) for all members of the WTO.

The requested waiver was to provide many people with possible access to vaccines and treatments for COVID-19, including in developing countries.

In a statement, the US administration said that it believes strongly in intellectual property protections, but in service of ending this pandemic, supports the waiver of those protections for COVID-19 vaccines.

"We will actively participate in text-based negotiations at the WTO needed to make that happen. Those negotiations will take time given the consensus-based nature of the institution and the complexity of the issues involved," it added.

On vaccine manufacturing and distribution, the US Trade Representative said: "The administration's aim is to get as many safe and effective vaccines to as many people as fast as possible. As our vaccine supply for the American people is secured, the administration will continue to ramp up its efforts- working with the private sector and all possible partners - to expand vaccine manufacturing and distribution. It will also work to increase the raw materials needed to produce those vaccines." The Biden administration was facing pressure from the international community, drug pricing advocates and congressional Democrats to back a move that would temporarily waive the Trade-Related Aspects of Intellectual Property Rights agreement (TRIPS), that protects pharmaceutical trade secrets.

RECENT STORIES

Syria: Woman Screams In Pain As 7 Men Brutally Assault Her; Video Records Them Pulling Hair, Kicking...

Syria: Woman Screams In Pain As 7 Men Brutally Assault Her; Video Records Them Pulling Hair, Kicking...

Dubai Viral Video Shows Police Officer Rescue Cat Clinging To Car Door Handle Amid Devastating...

Dubai Viral Video Shows Police Officer Rescue Cat Clinging To Car Door Handle Amid Devastating...

Singapore PM Lee To Become Senior Minister, After Nation’s Baton Passes To DPM Lawrence Wong On...

Singapore PM Lee To Become Senior Minister, After Nation’s Baton Passes To DPM Lawrence Wong On...

Mysteriously Buried? Century-Old Train Carriage Discovered In Belgium

Mysteriously Buried? Century-Old Train Carriage Discovered In Belgium

High Record! 69-Year-Old Man Drinks At 120 Pubs In 1 Day, Wins Guinness World Record

High Record! 69-Year-Old Man Drinks At 120 Pubs In 1 Day, Wins Guinness World Record