vaccine patent waiver News

Global Drugmakers Blast Plan for COVID Vaccine Patent Waiver

Global drugmakers condemned on Wednesday an initiative by four World Trade Organization members to introduce an intellectual property waiver for COVID-19 vaccines, saying it could undermine the industry’s ability to respond to health crises in future. The United States, the …

U.S. Urges Global Intellectual Property Waiver for COVID-19 Vaccines

The White House on Thursday called on all World Trade Organization members to support an intellectual property waiver for COVID-19 vaccines. “We … need every WTO member to step up as well and support an intellectual property waiver, and every …

If Covid-19 Vaccine Patents Are Waived, Legal Options For Drug Firms Are Limited

A potential World Trade Organization waiver of patent and trade secret protections for Covid-19 vaccines would leave pharmaceutical companies with limited legal avenues to recover costs. The U.S. on Wednesday expressed support for a temporary waiver, sending shares in several …

EU Summit to Discuss Vaccine Patent Waiver Proposed by U.S.

BRUSSELS – European Union leaders said Thursday that in the wake of the U.S. backing patent waivers for COVID-19 vaccine technology, the 27-nation bloc immediately will start discussing whether they should join such a move. The leaders’ first opportunity to …

Biden Backs Patent Waiver for Covid-19 Vaccines

President Joe Biden on Wednesday threw his support behind waiving intellectual property rights for COVID-19 vaccines, bowing to mounting pressure from Democratic lawmakers and more than 100 other countries, but angering pharmaceutical companies. Biden voiced his support for a temporary …

German Vaccine Maker Says Waivers for Vaccines Not Right Approach

The granting of intellectual property waivers is not the right way to increase output of COVID-19 vaccines, the founder of German vaccine maker BioNTech said on Wednesday, advocating instead the award of production licenses. Such waivers are among the options …

Biden Administration Considering Intellectual Property Rights Waiver for COVID Vaccines

The White House is considering options for maximizing global production and supply of COVID-19 vaccines at the lowest cost, including backing a proposed waiver of intellectual property rights, but no decision has been made, press secretary Jen Psaki said on …