S Korea's IP laws key to expanding COVID-19 vaccine partnership: US senators

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South Korea's respect for intellectual property rights makes it an ideal partner for the United States as it seeks to decouple its supply chains ...

SEOUL: South Korea's respect for intellectual property rights makes it an ideal partner for the United States as it seeks to decouple its supply chains from China and forge partnerships to manufacture coronavirus vaccines, a trio of US senators said on Saturday during a visit to Seoul.

"We can trust in the legal system here, and we can trust that our intellectual property rights will be protected," Duckworth told a group of reporters. A day after Biden and Moon met, US drugmakers Moderna Inc and Novavax Inc entered into a deal with South Korea for their COVID-19 vaccines to be manufactured in the country, which has been seeking to secure more and faster deliveries of US-made vaccines.When asked about criticism that Moderna's vaccine would not be fully manufactured in South Korea, Duckworth said the arrangement was the first of its kind for the United States.

 

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