WHO boss says vaccine IP waiver not a property 'snatch'

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The World Health Organization sought to reassure pharmaceutical companies that a proposal to suspend patent rights on COVID -19 vaccines was not a bid to “snatch” their intellectual property rights.

GENEVA, Switzerland — The World Health Organization on Wednesday sought to reassure pharmaceutical companies that a proposal to suspend patent rights on COVID -19 vaccines was not a bid to “snatch” their intellecutual property rights.With more than four million dead and the toll likely to reach much higher, WHO Director-General Tedros Adhanom Ghebreyesus said vaccine makers should be offered incentives in return for temporarily waiving their the rights.

“With so many lives on the line, profits and patents must come second,” he said, without giving any details on the proposed financial incentives. This is the second meeting in Geneva to try to bridge differences on how to increase supply of jabs and cut the vaccine inequity that sees rich countries eyeing booster shots while health workers in poor countries go without.

 

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This is a very fine line we must walk to balance corporate innovation with the needs of the survival of the human race. And it’s only going to get thinner and thinner…

see its just purely business.

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