Covid: US backs waiver on vaccine intellectual property

India and South Africa proposed the move, which they said would increase vaccine production around the world.But drugs manufacturers argue it may not have the desired effect.US Trade Representative Katherine Tai said that "extraordinary times call for extraordinary measures".And she warned that it would take time for WTO members to reach a consensus decision on the matter.India and South Africa were the leading voices in a group of about 60 countries which for the last six months has been trying to get the patents on vaccines set aside.However, they met with strong opposition from the previous US administration of Donald Trump, the UK and the EU.

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https://gibimis610.medium.com/covid-us-backs-waiver-on-vaccine-inte...

The International Federation of Pharmaceutical Manufacturers and Associations called the move "disappointing"."A waiver is the simple but the wrong answer to what is a complex problem," the Geneva-based lobby group said.Dr Amesh Adalja, senior scholar at the Johns Hopkins Center for Health Security, told the Reuters news agency that the waiver "amounts to the expropriation of the property of the pharmaceutical companies whose innovation and financial investments made the development of Covid-19 vaccines possible in the first place".

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