Pressure is growing on the Biden administration to support a temporary waiver on intellectual property rights for COVID-related medicines and vaccines at the World Trade Organization. India and South Africa first proposed the waiver in October, but it was blocked by the United States and other wealthy members of the WTO. Big Pharma has also come out against the proposal and has lobbied Washington to preserve its monopoly control. More than 100 countries have supported the waiver, which they say is critical to ramp up production of vaccines, treatments and diagnostic tests in the Global South. Ahead of the kickoff of two days of WTO important meetings in Geneva
The big problem is simply not enough vaccines are being produced. And that’s because a handful of vaccine-originating pharmaceutical corporations have monopoly control over the production, and they’re unwilling and have actually rejected requests from qualified manufacturers around the world to pay them to be able to make more doses. The world needs 10 to 15 billion doses to reach herd immunity, and right now all of the global production together is on track to make about 6 billion doses this year.
So, at issue is a proposal that India and South Africa put forward in October at the World Trade Organization. The World Trade Organization has rules, in a thing called the Agreement on Trade-Related Aspects of Intellectual Property — it’s called the TRIPS Agreement, for short — that requires all of the WTO members to guarantee the pharmaceutical companies monopoly control of production. So the proposal is simply to temporarily, for the COVID emergency, waive four parts of that agreement that cover the four specific types of intellectual property now protecting the vaccines from being made in greater volume, as well as treatments and diagnostic tests, and basically to allow countries around the world to have producers make, in each region, enough vaccine so everyone can actually get vaccinated.
It’s not just the morally necessary thing to do, with millions of lives at stake; it is selfishly in the interest of the United States, because we can vaccinate everyone. And the Biden administration is doing a great job, but if there is any outbreak anywhere, it’s where vaccine-resistant, more deadly, more infectious variants of the virus can hatch. And we’ll all end up in a global lockdown if we don’t get everyone immunized in shorter order.
— source democracynow.org | May 05, 2021