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Why-IP-matters-for-Covid-19.pdf
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🔗 Source: geneva-network.com
📊 Size: 1.25 MB
📄 Pages: 10 pages
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Critics of intellectual property rights (IPRs) have called for their suspension during the COVID-19 crisis, claiming they hinder research and development and make vaccines and treatments unaffordable. However, IPRs have been crucial in promoting trust, knowledge-sharing, and collaboration, underpinning the development of multiple effective vaccines and mass scale-up of manufacturing. IP rights drive competition, resulting in multiple competing medicines and downward pressure on prices. Licensing agreements and procurement mechanisms like COVAX have been effective in ensuring low-cost access to vaccines, and removing IPRs is unlikely to achieve more than current efforts. The IP system has facilitated the development and distribution of vaccines, and opponents of IP should support current efforts to end the pandemic.

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Critics of intellectual property rights (IPRs) have called for their suspension during the COVID-19 crisis, claiming they hinder research and development and...

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  • File Format: PDF
  • File Size: 1.25 MB
  • Pages: 10
  • Language: EN
  • Total Downloads: 44
  • Last Updated: 9 hours ago

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