\u2013 The International Federation of Pharmaceutical Manufacturers and Associations expressed disappointment Wednesday at the United States\u2019 decision to support a global waiver on patent protections for Covid-19 vaccines.<\/p>\n
\u201cAs we have consistently stated, a waiver is the simple but the wrong answer to what is a complex problem,\u201d the lobby group said in a statement, describing the US move as \u201cdisappointing\u201d.<\/p>\n
\u201cWaiving patents of COVID-19 vaccines will not increase production nor provide practical solutions needed to battle this global health crisis,\u201d it continued.<\/p>\n
Instead, IFPMA argued, governments should be focusing on eliminating trade barriers as well as \u201caddressing bottlenecks in supply chains and scarcity of raw materials and ingredients\u201d for producing Covid-19 vaccines.<\/p>\n
Proponents of doing away with IP rights, such as the governments of India and South Africa, say it could lead to more companies in more countries producing vaccines, providing broader access in poorer nations.<\/p>\n
But pharmaceutical industry bodies have insisted that removing intellectual property protections or pressuring companies into technology-sharing, could actually slow down jab production.<\/p>\n
IFPMA chief Thomas Cueni told reporters last month that an IP waiver \u201cwouldn\u2019t give us the tools to produce more doses of vaccines\u201d.<\/p>\n
He added that around 275 manufacturing deals, including on technology transfer among staunch competitors, had helped the industry go from zero to one billion Covid-19 vaccine doses already produced, with the goal of 10 billion doses by the end of the year.<\/p>\n
Other pharma industry figures have pointed to the unknown consequences of transferring technology to manufacturers who may not employ stringent quality and safety standards.<\/p>\n
Stephane Bancel, head of vaccine-maker Moderna, has meanwhile argued that \u201cif we have more players coming into the space, (they will be) taking more of the raw materials away from people (positioned) to make vaccines for this year\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u2013 The International Federation of Pharmaceutical Manufacturers and Associations expressed disappointment Wednesday at the United States\u2019 decision to support a global waiver on patent protections for Covid-19 vaccines. \u201cAs we have consistently stated, a waiver is the simple but the wrong answer to what is a complex problem,\u201d the lobby group said in a statement, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,14],"tags":[],"class_list":["post-9849","post","type-post","status-publish","format-standard","hentry","category-4","category-14"],"_links":{"self":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/9849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9849"}],"version-history":[{"count":1,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/9849\/revisions"}],"predecessor-version":[{"id":9850,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/9849\/revisions\/9850"}],"wp:attachment":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}