The U.S.’s stunning endorsement of a proposal to waive Covid-19 vaccine patents has won plaudits for President Biden and roiled the global pharmaceutical industry. But, at least in the short term, it’s likely to be more of a symbolic milestone than a turning point in the pandemic.
For months, proponents of the proposal have argued that the need to waive intellectual property protections was urgent given the growth of Covid cases in low- and middle-income countries, which have been largely left without the huge shipments of vaccine already purchased by wealthy countries. But patents alone don’t magically produce vaccines.
This of course is a stupid move. The Pharmaceutical companies invest billions in research to get new drugs for the health of the world. Then the USA would just steel their patent for the benefits of not sure who.
This move is what China has been doing and we complaint about it and the world complained about it.
This is the time to enrich Pfizer, Moderna, Astra Zeneca, and J& J for the next round that we would not have a solution to it, the New Mutation. Just a thought.