WebAug 12, 2024 · The TRIPS waiver extension proponents argue that an extension will support the ramp-up of therapeutics production and improve access to such medicines, especially in low-income countries. While the goals of ramping up production and improving access are valid ones, not only is a waiver extension not needed, it is also not the way in which these ... WebSep 20, 2024 · Still, the TRIPS waiver includes a 6-month period for WTO members to “decide on its extension to cover the production and supply of COVID-19 diagnostics and therapeutics.” We are already halfway through this 6-month period, yet the administration has not yet consulted with this committee or taken a position on an expanded waiver, nor …
World Trade Organization TRIPS waiver to tackle coronavirus
WebMar 11, 2024 · At a meeting of the Council for Trade-Related Aspects of Intellectual Property Rights (TRIPS) on 10-11 March 2024, members also considered the continued exemption of least-developed countries (LDCs) from TRIPS obligations and broadened their debate on the relation between IP and innovation to cover small business and green technologies. WebAt MC12, trade ministers adopted the Ministerial Decision on the TRIPS Agreement, which gives members greater scope to take direct action to diversify production of COVID-19 vaccines and to override the exclusive … mark-it express chicago
A fact-based analysis of the TRIPS Waiver extension
WebJun 4, 2024 · On May 5, 2024, the Biden Administration announced its support for a proposed waiver of intellectual property rights (IPR) obligations in the World Trade … WebOct 13, 2024 · The World Trade Organization was set to decide whether to extend that waiver to Covid-19 diagnostics and therapeutics in December 2024, until the Biden … WebNov 14, 2024 · The World Trade Organization is considering whether to extend its partial waiver of intellectual property (IP) protections commonly known as the agreement on … navy cap tally