Article 5X5FE Global powers inch closer to agreement to waive Covid vaccine patents

Global powers inch closer to agreement to waive Covid vaccine patents

by
Elias Visontay
from World news | The Guardian on (#5X5FE)

The move would allow for cheaper generic versions to be manufactured and distributed among developing nations faster

Global powers have inched closer to an agreement to waive patents for Covid-19 vaccines, a move that would allow for cheaper generic versions to be manufactured and distributed among developing nations faster.

A leaked document, seen by the Guardian, reveals details of a compromise struck between the United States, the European Union, India and South Africa that would end a deadlock over an intellectual property waiver, 18 months after the proposal was first taken to the World Trade Organization.

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