U.S. committed to seeing patents waived to boost COVID-19 vaccine access - Action News
Home WebMail Tuesday, November 26, 2024, 03:12 AM | Calgary | -14.8°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
World

U.S. committed to seeing patents waived to boost COVID-19 vaccine access

U.S. President Joe Biden's administration is committed to efforts to waive intellectual property rights for COVID-19 vaccines and will raise the issue with the World Trade Organization (WTO), but it may take time, U.S. Trade Representative Katherine Tai said on Thursday.

U.S. Trade Representative says goal 'to get vaccines to as many people as fast as possible'

A health-care worker prepares a dose of the AstraZeneca COVID-19 vaccine in Jakarta, Indonesia, on Thursday. (Ajeng Dinar Ulfiana/Reuters)

U.S. President Joe Biden's administration is committed to efforts to waive intellectual property rights for COVID-19 vaccines and will raise the issue with the World Trade Organization (WTO), but it may take time, U.S. Trade Representative Katherine Tai said on Thursday.

"We will actively participate in text-based negotiations at the WTO that will be needed to make this happen. And this may take time given the complexity of the issues involved, but our goal remains to get vaccines to as many people as fast as possible," Tai said in remarks to an AFL-CIO union event.

Biden last month backed a proposed patent waiver for vaccines targeting the novel coronavirus that advocates say could help boost availability amid the pandemic.

U.S. President Joe Biden's administration continues to push for a waiver of intellectual property rights for COVID-19 vaccines. (Joe Giddens/The Associated Press)

But the pharmaceutical industry has opposed the waiver from the WTO's agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), saying it would stifle innovation and do little to effectively increase vaccine supplies that it says are hampered by trade and manufacturing barriers.

Tai defended the administration's support saying: "Extraordinary circumstances call for extraordinary measures."

In the meantime, she said, "we're doing everything that we can to ramp up vaccine production capacity as quickly as we can."

Add some good to your morning and evening.

Your daily guide to the coronavirus outbreak. Get the latest news, tips on prevention and your coronavirus questions answered every evening.

...

The next issue of the Coronavirus Brief will soon be in your inbox.

Discover all CBC newsletters in theSubscription Centre.opens new window

This site is protected by reCAPTCHA and the Google Privacy Policy and Google Terms of Service apply.