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Showing posts with label Waiver. Show all posts
Showing posts with label Waiver. Show all posts

May 19, 2021

EU leaders confront US over vaccine patent waiver demands - by Sam Fleming, Jim Brunsden, Mehreen Khan and Michael Peel and Guy Chazan

EU leaders have confronted the Biden administration over its calls for Covid-19 vaccine patent waivers and urged the US to export jabs directly if it wants to help poor countries in need.

German Chancellor Angela Merkel said after a two-day EU leaders’ summit in Porto, Portugal, that suspending intellectual property rights was no solution to supply shortages and called for a focus on ramping up production instead.

France’s President Emmanuel Macron and top EU officials echoed the German premier’s rhetoric as the union scrambled to respond to this week’s surprise US move. Both powers are attempting to fend off accusations they are hoarding vaccines as much of the world sees few or no shipments.

“I don’t think waiving patents is the solution to supply the vaccine to more people,” Merkel told reporters after the summit concluded on Saturday. “I think that we need the creativity and innovation of the companies — and for that we need patent protection.”

Read more at: EU leaders confront US over vaccine patent waiver demands | Financial Times