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Australia to support waiving intellectual property rights for COVID-19 vaccines

Trade Minister Dan Tehan says Australia will support an international push to waive intellectual property (IP) protections for COVID-19 vaccines as soaring infection rates across the globe prolong the pandemic and create ripe conditions for new variants. India and South Africa have spearheaded the campaign to change World Trade Organization (WTO) rules in an effort to make it easier for low and middle-income countries to manufacture and sell cheaper generic copies of COVID-19 vaccines produced by multinational pharmaceutical giants such as Pfizer.

ABC News - September 8, 2021

View the full story here: https://www.abc.net.au/news/2021-09-08/australia-waive-intellectual-property-covid-vaccines/100445094