Read the story here. Advertise at Before It's News here.
Profile image
Story Views
Last hour:
Last 24 hours:

The Biden Administration Supports an Intellectual Property Waiver for COVID-19 Vaccines

% of readers think this story is Fact. Add your two cents.

Simon Lester

The big trade policy news of today is that the Biden administration has reversed course and now supports a waiver from WTO intellectual property rules in the hopes of facilitating the production of COVID-19 vaccines. Two key points about this new policy are the following.

First, the Biden administration supports a waiver, but not necessarily the waiver currently on the table. As the administration’s press release states: “The Administration believes strongly in intellectual property protections, but in service of ending this pandemic, supports the waiver of those protections for COVID-19 vaccines. We will actively participate in text‐​based negotiations at the World Trade Organization (WTO) needed to make that happen. Those negotiations will take time given the consensus‐​based nature of the institution and the complexity of the issues involved.” So now we get some negotiations on the issue, which may or may not lead to a final agreement on the text of a waiver.

Second, and perhaps tied to the first, a final text on the waiver may not be the ultimate goal here. Two big supporters of the TRIPS waiver recently wrote the following: “A waiver would immediately increase government leverage over vaccine makers that refuse to license the technology.” What may be happening here, and it’s hard to know exactly what the administration is thinking (and different people in the administration may be thinking different things), is that they are trying to put pressure on the pharmaceutical industry to do more licensing of production to factories in developing countries (I discussed this possibility a bit in a recent blog post). Thus, the sudden U.S. support for a waiver may be part of its negotiating strategy with the pharmaceutical companies.

Some people may be using the issue of COVID‐​19‐​related patent waivers as an excuse to rethink intellectual property protection more broadly. Generally speaking, I am on board with an examination of whether the current system of protection is based on evidence. However, to deal with the problems of today (i.e. the pandemic), I am more interested in doing whatever we can to increase vaccine production. If we can get more factories producing safe and effective vaccines, we will reach the end of the pandemic sooner.


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.