G20 leaders to back COVID-19 vaccine voluntary licensing, no patent waiver

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Leaders of the world's largest economies will adopt on Friday a declaration recommending voluntary actions to boost COVID-19 vaccine production, snubbing a push from the United States and other nations on patent waivers, the final text shows.

Several G20 leaders will speak at the summit, one of this year's major events to coordinate global actions against the pandemic. U.S. President Joe Biden is not listed among the speakers, with Vice President Kamala Harris representing the United States at the meeting, an EU Commission spokesman said.Newsletter sign-up: Get The COVID-19 Brief sent to your inbox

Among the drugmakers expected to announce doses for poorer nations are vaccine partners Pfizer and BioNTech , the official said, adding that at least two other companies are expected to make announcements on Friday. EU nations and other vaccine-making countries have opposed the patent waiver and urged instead the removal of U.S. trade barriers that they consider the main bottleneck preventing a ramping up of global vaccine production.

Leaders are also set to recognize "the importance of addressing the ACT-A funding gap," the text says, referring to the ACT-Accelerator, a tool of the World Health Organization to distribute COVID-19 vaccines, drugs and tests across the world.

 

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Ugh. The drug companies benefited hugely from taxpayer-funded research in developing these vaccines, but now they own the patents? Externalized costs, internalized profits... Socialism for me, but not for thee...

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