WASHINGTON – US President Joe Biden’s administration on Wednesday announced support for a global waiver on patent protections for COVID-19 vaccines, offering hope to poor nations that have struggled to access the life-saving doses.
India, where the death toll hit a new daily record amid fears the peak is still to come, has been leading the fight within the World Trade Organization (WTO) to allow more drugmakers to manufacture the vaccines — a move pharma giants opposed.
US Trade Representative Katherine Tai said that while intellectual property rights for businesses are important, Washington “supports the waiver of those protections for COVID-19 vaccines” in order to…
Keep on reading: US backs plan to waive COVID-19 vaccine patents