THE EUROPEAN PARLIAMENT PERSISTED THE EUROPEAN COMMISSION TO SUPPORT THE WAIVER OF THE COVID-19 VACCINE’S PATENT.

Karimi & Associates Law Firm presents according to Jurist:

 

The proposal, submitted to the World Trade Organization (WTO) by the European Parliament, demands that COVID-19 vaccine patents temporarily be exempt from provisions in the Trade-Related Aspects of Intellectual Property Rights (TRIPS) requirement protecting patent rights, removing IP protection for the vaccines.

The EU Commission disagrees that a patent waiver is the best approach to tackle the vaccine shortage issue. The Commission submitted an alternative consist of three elements.

  1. Minimize export restrictions.
  2. Provide government assistance to vaccine manufacturers and focus on exports to vaccine vulnerable countries.
  3.  Establish a voluntary licensing program that complies with the TRIPS agreement.

EU Commission President Charles Michel stated that a patent waiver is not a “silver bullet” to the ongoing vaccine inequality issue.

The patent waiver proposal was supported by the medical humanitarian group Medecins Sans Frontieres, which states that compulsory legal solutions must be adopted as pharmaceutical corporations are unlikely to adhere to voluntary endeavors. It has also received support from the Biden administrationFrench President Macron, and the WHO.

This current waiver, however, only applies to COVID-19 vaccines. There is a growing force coming from South Africa, India, and the US government that patent waivers should also apply to COVID-19 related medical products such as therapeutic medicine and personal protective equipment. This amended waiver request was submitted by a delegation of several developing countries that are suffering from vaccine inequality, written to the WTO’s TRIPS council.

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