Drugmakers say Biden misguided over patent waiver
The Hindu
U.S. President supports waiving intellectual property rights for COVID vaccines
Drugmakers on Thursday said U.S. President Joe Biden’s could disrupt a fragile supply chain and that rich countries should instead share more generously with the developing world. Mr. Biden on Wednesday threw his support behind waiving intellectual property rights for COVID-19 vaccines, angering research-based pharmaceutical companies. If adopted by the WTO, the proposal would invite new manufacturers that lack essential know-how and oversight from the inventors to crowd out established contractors, the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) said.
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