Intellectual Property Rights: Issues & Challenges in Covid Times - By Chandrakant Singh
Today in global pandemic, poor nations are struggling to develop vaccines and medicines for treatment of this fatal disease. Keeping this in mind WTO should simplify procedural wrangles on all fronts whether with respect to vaccines or medicines and on all essential IPRs associated in making vaccine.
Recently, the European Union has proposed that Intellectual Property Rights held by international pharmaceutical companies on COVID-19 vaccines may be relaxed for up to five years. This proposal comes in the backdrop of a festering two-year-old dispute at the World Trade Organisation involving India, the U.S., South Africa and the EU.
However, the reprieve will ....
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