Analysis: U.S. move to loosen vaccine patents will draw drug companies to bargain -lawyers

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U.S. support for waiving intellectual property rights on COVID-19 vaccines could be a tactic to convince drugmakers to back less drastic steps like sharing technology and expanding joint ventures to boost global production, lawyers said

and BioNTEch have argued that patents have not been a limiting factor in supply. New technology and global limits on supplies are frequently cited as challenges, and both Moderna and Pfizer nevertheless have steadily boosted supply forecasts.

To increase vaccine production capacity significantly within two years, the Biden administration would need to do much more than waive patents, including providing funding to find and build new manufacturing sites, and backing technology and expertise transfer to the new manufacturers, said drug supply chain expert Prashant Yadav.

Rajec said Biden’s support for a waiver "pushes the drug companies to be more open to partnerships, and other licensing on favorable terms, in a way that perhaps they otherwise wouldn’t be."

 

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Nav_Dhadwal done

the vaccine was invented in Germany! what does the Americans have to do with it! this is not an honor at all!

right in time now they are almost finished in their own country.

. . SOSColombiaDDHH Los agentes armados del Estado matan civiles, que marchan por sus derechos, luego que el expresidente y expresidiario AlvaroUribeVel pidiera que los dejaran usar sus armas contra los manifestantes y que argumentara con ideologías nazis, que son una RMD. . .

It was the biggest gift old pharma ever took. It was the financial bailout all over again, only this time the media embraced it whole-heartedly. George W. Bush may have crushed capitalism, but Trump’s showmanship left them begging for more.

You forgot to add... so big pharma can make billions

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