WASHINGTON
US President Joe Biden’s administration on Wednesday announced support for a global waiver on patent protections for COVID-19 vaccines, offering hope to poor nations that have struggled to access the life-saving doses.
India, where the death toll hit a new daily record amid fears the peak is still to come, has been leading the fight within the World Trade organisation (WTO) to allow more drugmakers to manufacture the vaccines - a move pharma giants oppose.
US Trade Representative Katherine Tai said that while intellectual property rights for businesses are important, Washington “supports the waiver of those protections for Covid-19 vaccines” in order to end the pandemic.
“This is a global health crisis, and the extraordinary circumstances of the Covid-19 pandemic call for extraordinary measures,” she said in a statement.
Biden had been under intense pressure to waive protections for vaccine manufacturers, especially amid criticism that rich nations were hoarding shots.
This story is from the May 07, 2021 edition of Gulf Today.
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This story is from the May 07, 2021 edition of Gulf Today.
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