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US considering intellectual property waiver for COVID vaccines


The United States is considering options for maximising global production and supply of COVID-19 vaccines at the lowest cost, including backing a proposed waiver of intellectual property (IP) rights, but no decision has been made, according to the White House. The announcement comes as the US and other Western countries have begun providing aid and lifting export controls on medical equipment and vaccine raw materials amid pressure from countries where deaths and infections are surging, notably India. On Wednesday, India surpassed 200,000 deaths from the virus, although the actual count is expected to be much higher. White House spokeswoman Jen Psaki said “there are a lot of different ways” to maximise the global production of vaccines. “Right now, that’s one of the ways, but we have to assess what makes the most sense,” Psaki told reporters on Tuesday, referring to the IP rights waivers.

AlJazeera - April 28, 2021

View the full story here: https://www.aljazeera.com/news/2021/4/28/us-considering-lift-of-covid-vaccine-intellectual-property-rights