Covid: Germany rejects US-backed proposal to waive vaccine patents

[sarahazhari]

Its government said "the protection of intellectual property is a source of innovation and must remain so".The European Union earlier said it was ready to talk about the proposal, and some states gave it their full backing.Supporters of the plan say it will allow more manufactures to produce the life-saving vaccines.They argue that this will increase access to jabs in poorer countries.But opponents, including drug makers, say it may not have the desired effect.

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Instead, the UK and the EU have favoured a system of licensing, whereby knowhow is shared and there is more oversight. It is already being done on some cases on a voluntary basis - such as the tie up between Oxford-AstraZeneca and the Serum Institute of India. And that licensing can be made compulsory, although the pharmaceutical companies could then be eligible for compensation.Some trade specialists have speculated that the US might be hoping that, by backing a lifting of patents, manufacturers might be more open to sharing expertise voluntarily - or at least, for a reduced charge.