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EU supports Covid-19 vaccine patent waiver talks, but critics say this won’t solve scarcity

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Reuters reports the European Union on Thursday backed a US proposal to discuss waiving patent protections for Covid-19 vaccines, but drug makers and some other governments opposed the idea, saying it would not solve global inoculation shortages.

WTO director-general Ngozi Okonjo-Iweala told member states she “warmly welcomed” the US move.

Despite that enthusiasm, drug makers who stand to lose revenue if they are stripped of patent rights to Covid-19 vaccines and other critics found flaws in the proposal. In the long term, a waiver would discourage pharmaceutical companies from rapidly responding to future global health threats with large research investments, some said.

Health minister Jens Spahn said he shared Biden’s goal of providing the whole world with vaccines. However, a government spokesperson said “the protection of intellectual property is a source of innovation and must remain so in the future”.

 

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