WTO official: IP waiver on COVID vaccines would not facilitate access immediately
The negotiations for a waiver on intellectual property (IP) rights in the World Trade Organisation (WTO) are still ongoing, but a final agreement would not immediately loosen up access to COVID-19 vaccines and treatments, according to a WTO official. There is an established principle to override intellectual property rights “baked” into the WTO TRIPS Agreement (Trade-Related Aspects of Intellectual Property Rights), said Antony Taubman, director of the intellectual property, government procurement and competition division in the WTO.
View the full story here: https://www.euractiv.com/section/health-consumers/news/wto-official-an-ip-waiver-on-covid-vaccines-would-not-loosen-up-access-immediately/