India seeks 5 yr patent waiver for Covid diagnostics, therapeutics from WTO

India, Pakistan, South Africa, and five other countries have jointly proposed a five-year global patent waiver for Covid-19 diagnostics and therapeutics, according to a report by The Economic Times (ET). The submission to the World Trade Organization (WTO) was made on behalf of 65 members on Monday. In the submission, the members emphasised the ongoing importance of diagnostics and therapeutics in the comprehensive fight against the pandemic.
The submission aims to address intellectual property barriers, promote production, and enhance accessibility to critical Covid-19 tools. This would go a long way in enabling developing countries to expand and diversify production and increase accessibility without intellectual property (IP) barriers.
During the G20 Summit in India, Commerce and Industry Minister Piyush Goyal had also urged members to conduct timely discussions on the extension of patent waivers regarding the production and supply of Covid-19 diagnostics and therapeutics. Talks on therapeutic and diagnostics were raised by both India and South Africa during the G20 meets, under the purview of this waiver.
The request follows the US’ decision not to take a stance on extending the waiver, which currently applies only to Covid-19 vaccines. According to a report on Bloomberg, US President Biden reportedly stated that the administration needed more information on the matter, making it unlikely for the group to reach a consensus by the December 17 deadline. Moreover, European Union’s 27 members, the UK, Singapore, Switzerland, Japan and South Korea, all have opposed the waiver, claiming that there was not enough evidence to show IP rights were hampering the supply of treatments and tests of Covid-19.

Related Posts

  • Pharma
  • March 5, 2025
  • 151 views
Haryana FDA arrests man for selling spurious ‘imported drugs’ in Gurugram

The Food and Drug Administration (FDA) of Haryana on Tuesday arrested a man for allegedly selling spurious “imported drugs” targeting gym-goers and fitness enthusiasts, the third such case of counterfeit…

  • Pharma
  • March 5, 2025
  • 45 views
SC urges states, UTs to frame policy on prices of medicines

The Supreme Court on Tuesday declined to issue mandatory directions to regulate the prices of medicines and consumables sold by private hospitals for resident patients but urged states and Union…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

Haryana FDA arrests man for selling spurious ‘imported drugs’ in Gurugram

Haryana FDA arrests man for selling spurious ‘imported drugs’ in Gurugram

SC urges states, UTs to frame policy on prices of medicines

SC urges states, UTs to frame policy on prices of medicines

More than 960 quacks traced in Karnataka over past 1.5 years

More than 960 quacks traced in Karnataka over past 1.5 years

WAR AGAINST DRUGS : Medical Store sealed after drug seizure in Ferozepur village

WAR AGAINST DRUGS : Medical Store sealed after drug seizure in Ferozepur village

AstraZeneca Pharma shares gain 3% on CDSCO nod for expanded use of cancer drug Imfinzi

AstraZeneca Pharma shares gain 3% on CDSCO nod for expanded use of cancer drug Imfinzi

How AI Is Transforming The Pharmaceutical Industry

How AI Is Transforming The Pharmaceutical Industry