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

‘Did patients come dancing?’ – Rajasthan minister’s remarks about kidney failure case spark row

On Thursday, Congress workers held protests against the “degrading medical conditions of Rajasthan” and attempted to enter the hospital premises. Rajasthan Health Minister Gajendra Singh Khinvsar’s remarks about women diagnosed…

Price cap on 2 key cancer drugs increased by 50%

NEW DELHI: Amid concerns over shortages of two critical cancer medicines, National Pharmaceutical Pricing Authority has approved a 50% hike in ceiling prices of Carboplatin and Cisplatin injections, citing escalating…

Leave a Reply

Your email address will not be published.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

You Missed

‘Did patients come dancing?’ – Rajasthan minister’s remarks about kidney failure case spark row

‘Did patients come dancing?’ – Rajasthan minister’s remarks about kidney failure case spark row

Price cap on 2 key cancer drugs increased by 50%

Price cap on 2 key cancer drugs increased by 50%

Hospitals can’t force patients to buy medicines from their pharmacies: Maha FDA

Hospitals can’t force patients to buy medicines from their pharmacies: Maha FDA

IIT Bhubaneswar researchers develop portable device for accurate arsenic detection

IIT Bhubaneswar researchers develop portable device for accurate arsenic detection

Bribe of Rs 3 crore: Delhi Police inspector held, senior public servant under CBI scanner

Bribe of Rs 3 crore: Delhi Police inspector held, senior public servant under CBI scanner

No raids till further orders: Maharashtra tells Bombay HC in Patanjali labelling case

No raids till further orders: Maharashtra tells Bombay HC in Patanjali labelling case